NOV Dividend
Dividend criteria checks 1/6
NOV is a dividend paying company with a current yield of 1.59% that is well covered by earnings.
Key information
1.6%
Dividend yield
8%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.49 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NO8's dividend payments have been volatile in the past 10 years.
Growing Dividend: NO8's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
NOV Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NO8) | 1.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Energy Services) | 3.9% |
Analyst forecast in 3 Years (NO8) | 1.7% |
Notable Dividend: NO8's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: NO8's dividend (1.59%) is low compared to the top 25% of dividend payers in the German market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8%), NO8's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NO8 is paying a dividend but the company has no free cash flows.