PBF Energy Inc. (NYSE:PBF) to Issue $0.28 Quarterly Dividend

PBF Energy Inc. (NYSE:PBF) announced a quarterly dividend on Thursday, July 30th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.275 per share by the oil and gas company on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, August 14th.

PBF Energy has increased its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 2 years. PBF Energy has a dividend payout ratio of 220.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect PBF Energy to earn $6.99 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 15.7%.

PBF Energy Price Performance

Shares of NYSE PBF opened at $73.46 on Friday. PBF Energy has a twelve month low of $21.24 and a twelve month high of $74.74. The company has a current ratio of 1.31, a quick ratio of 0.62 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average of $48.57 and a two-hundred day moving average of $42.71. The company has a market capitalization of $8.69 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 0.10 and a beta of 0.11.

PBF Energy (NYSE:PBF) last released its earnings results on Thursday, July 30th. The oil and gas company reported $6.22 EPS for the quarter, topping analysts’ consensus estimates of $4.15 by $2.07. PBF Energy had a net margin of 1.46% and a negative return on equity of 4.12%. The business had revenue of $11.68 billion for the quarter, compared to the consensus estimate of $9.61 billion. During the same period in the previous year, the firm earned ($1.03) EPS. The business’s revenue for the quarter was up 56.2% on a year-over-year basis. As a group, analysts expect that PBF Energy will post 10.94 earnings per share for the current fiscal year.

Key Stories Impacting PBF Energy

Here are the key news stories impacting PBF Energy this week:

• Positive Sentiment: Major earnings beat: PBF reported second-quarter earnings of $6.22 per share, versus the consensus estimate of approximately $4.05–$4.15 and a loss of $1.03 a year earlier. Revenue rose 56.2% year over year to $11.68 billion, exceeding expectations of $9.61 billion. PBF Energy Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Profitability surged: Income from operations increased to $1.27 billion from $43 million in the prior-year quarter, or $1.05 billion excluding special items. Strong crack spreads and refinery-market disruptions supported the improvement. PBF Energy Announces Second Quarter 2026 Results
• Positive Sentiment: Balance sheet and operations improved: PBF reduced gross debt by more than $1 billion during the quarter, received a $250 million installment related to the Martinez refinery fire, and completed the Martinez refinery restart in May. The company also delayed planned turnaround work at three refineries, potentially preserving near-term production amid tight supply. PBF Energy Delays Planned Turnaround Work
• Positive Sentiment: Dividend maintained: PBF declared a quarterly dividend of $0.275 per share, payable August 28 to shareholders of record August 14. The dividend provides continued shareholder income and signals confidence following the strong quarter.
• Neutral Sentiment: Unusually heavy call-option activity and favorable value-stock commentary may have added speculative buying interest, but neither materially changes PBF’s underlying earnings outlook. Refining-industry strength and widening margins remain supportive themes. PBF Energy Surges After Q2 Profit

PBF Energy Company Profile

PBF Energy, Inc is an independent petroleum refiner organized in 2008 and headquartered in Parsippany, New Jersey. The company began trading on the New York Stock Exchange in July 2012 under the ticker symbol PBF. Since its formation, PBF Energy has grown through acquisitions and operational optimization, positioning itself as a leading supplier of refined petroleum products in the United States.

The company owns and operates five refineries located along the U.S. Gulf Coast, East Coast and in the Pacific Northwest, with a combined crude oil processing capacity of approximately 900,000 barrels per day.