NOV Dividends and Buybacks
Dividend criteria checks 2/6
NOV is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -15.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R$1.646 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: N1OV34's dividend payments have been volatile in the past 10 years.
Growing Dividend: N1OV34's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| NOV Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (N1OV34) | 1.9% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.5% |
| Industry Average (Energy Services) | 2.6% |
| Analyst forecast (N1OV34) (up to 3 years) | 2.0% |
Notable Dividend: N1OV34's dividend (1.88%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.96%).
High Dividend: N1OV34's dividend (1.88%) is low compared to the top 25% of dividend payers in the BR market (9.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.2%), N1OV34's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), N1OV34's dividend payments are thoroughly covered by cash flows.