PDC Energy, Inc. (PDCE) Dividends
PDCE Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$73.85 | $22.14 | -69.39% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PDCE, the dividend discount model StockNews created for the company implies a negative return of 69.39%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Pdc Energy Inc are:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Energy sector, Pdc Energy Inc's expected return of -69.39% is higher than just 13.33% of its fellow sector mates.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, Pdc Energy Inc bears a discount rate, according to our calculations, lower than just 13.33% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- Beta, a measure of volatility relative to the stock market overall, is lower for Pdc Energy Inc than it is for 2.86% of other dividend issuers in the Energy sector.
- As other dividend issuers in the Energy sector, PDCE's equity discount rate is less than 5.71% of those stocks.
PDCE Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2023-06-07 | Dividend | $0.40 | -- |
2023-03-01 | Dividend | $0.40 | -60.00% |
2022-12-16 | Dividend | $1.00 | +185.71% |
2022-09-07 | Dividend | $0.35 | -- |
2022-06-08 | Dividend | $0.35 | +40.00% |
2022-03-10 | Dividend | $0.25 | -59.68% |
2021-12-16 | Dividend | $0.62 | +416.67% |
2021-09-07 | Dividend | $0.12 | -- |
2021-06-09 | Dividend | $0.12 | -- |
PDCE Dividends vs. Peers
PDCE's dividend yield currently ranks #154 of 178 vs. its peers in the Energy - Oil & Gas category.