EOG Resources, Inc.
EOGEnergy · Stock · quarterly payer
Forward Yield
2.92%
Annual Dividend
$4.08
Payout Ratio
39%
5-Yr Growth
22.8%
Ex-Date
Jul 17, 2026
Frequency
Quarterly
Summary
As of July 2026, EOG Resources, Inc. (EOG) yields 2.92% ($4.08 per share annually), with a blended fair-value estimate of $178.72 — +28% upside, so it screens as undervalued. Dividend safety grade: C (65/100). 2 years of dividend growth.
Is EOG a good dividend stock?
Yes, with caveatsEOG Resources, Inc. (EOG) pays a quarterly dividend yielding 2.92% ($4.08/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (39%)
- Strong 22.8% 5-yr dividend growth
- 107% total price return over 5 years
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 2.92%
- Payout Ratio
- 39%
- Annual Dividend
- $4.08
- 5-Yr Avg Growth
- 22.8%
- Ex-Dividend Date
- Jul 17, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.26
- Market Cap
- $75.1B
- P/E Ratio
- 13.8
- 5-Yr Total Return
- 107%
- 52-Week Range
- $101.59 – $151.87
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
EOG Price — Last 12 Months
Daily close
Price Return
1 Year
+12%
3 Years
+9%
5 Years
+107%
52-Week Range
$101.59 – $151.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EOG worth?
Undervaluedmedium confidenceOur blended fair-value estimate for EOG Resources, Inc. is $178.72 per share, versus a market price of $139.89. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$178.72
Current Price
$139.89
Upside
+28%
Margin of Safety
22%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 5.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 5.2% stage-1 growth, 2.5% terminal growth, $10.17 EPS, $4.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EOG Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 17, 2026 | — | $1.0200 | regular |
| Apr 16, 2026 | — | $1.0200 | regular |
| Jan 16, 2026 | — | $1.0200 | regular |
| Oct 17, 2025 | — | $1.0200 | regular |
| Jul 17, 2025 | — | $0.9750 | regular |
| Apr 16, 2025 | — | $0.9750 | regular |
| Jan 17, 2025 | — | $0.9750 | regular |
| Oct 17, 2024 | — | $0.9100 | regular |
| Jul 17, 2024 | — | $0.9100 | regular |
| Apr 15, 2024 | — | $0.9100 | regular |
| Jan 16, 2024 | — | $0.9100 | regular |
| Dec 14, 2023 | — | $1.5000 | regular |
| Oct 16, 2023 | — | $0.8250 | regular |
| Jul 14, 2023 | — | $0.8250 | regular |
Income Calculator
At $4.08 / yr per share
