NYSE:NOVEnergy Services
Assessing NOV (NYSE:NOV) Valuation After Dividend Increase Signals Confidence In Future Prospects
NOV (NOV) is back in focus after its Board of Directors approved a 20% increase in the regular quarterly cash dividend to $0.09 per share, which signals the company’s current capital return priorities.
See our latest analysis for NOV.
That dividend hike comes as NOV’s share price has climbed to $20.39, with a 7 day share price return of 6.2% and a 90 day share price return of 35.66%. This suggests momentum has been building, while the 1 year total shareholder return of 40.30% contrasts with a...