Does Bonanza Creek Energy stock pay a dividend?

Bonanza Creek Energy (NYSE:BCEI) pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.50%. The dividend payout ratio is 28.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCEI will have a dividend payout ratio of 11.90% next year.

Who is Bonanza Creek Energy?

May 10 (Reuters) - Bonanza Creek Energy BCEI.N will buy Extraction Oil & Gas EH4.MU in about $1.1 billion all-stock, no-premium deal to create one of Colorado's largest oil and gas drillers, the companies said in a statement on Monday.

Are Bonanza Creek and Extraction Oil & Gas merging?

DENVER, May 10, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (“Bonanza Creek”) and Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction”), today announced that they have entered into a definitive agreement to combine in an all-stock merger of equals.