Noble Dividends and Buybacks
Dividend criteria checks 3/6
Noble is a dividend paying company with a current yield of 5.82% that is well covered by earnings. Next payment date is on 19th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
5.8%
Dividend yield
6.0%
Buyback Yield
| Total Shareholder Yield | 11.8% |
| Future Dividend Yield | 9.4% |
| Dividend Growth | 62.5% |
| Next dividend pay date | 19 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | US$2.000 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Noble Corporation: Production Backlog And Capital Return Promising, Yet Low Visibility On Earnings Past 2025
Nov 08Noble Corporation: Strong Quarter But Muted Near-Term Outlook - Buy
Aug 21Noble Corporation: The Post Acquisition Outlook
Jul 16Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Jul 15
Is There An Opportunity With Noble Corporation plc's (NYSE:NE) 50% Undervaluation?
Jun 22Noble Corporation And Diamond Offshore Drilling: A Sensible Marriage
Jun 10We Think Noble (NYSE:NE) Can Stay On Top Of Its Debt
May 11Fewer Investors Than Expected Jumping On Noble Corporation plc (NYSE:NE)
Apr 20Here's Why We Think Noble (NYSE:NE) Is Well Worth Watching
Mar 30Noble (NYSE:NE) Has A Pretty Healthy Balance Sheet
Feb 07Noble Corporation: Quality Backlogs With Room To Grow
Feb 05Should You Be Adding Noble (NYSE:NE) To Your Watchlist Today?
Dec 15Noble Corporation: Strong Quarter, Raised Guidance, Undemanding Valuation - Buy
Nov 16Noble Corporation Can Rise Further As Offshore Rig Capacity Remains Scarce
Oct 17Noble Corporation Plc (NYSE:NE) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 10With EPS Growth And More, Noble (NYSE:NE) Makes An Interesting Case
Aug 13Noble Corporation: Solid Quarter And Strong Long-Term Prospects - Buy
Aug 07Noble Corporation: Not Enough Upside
Jul 24If EPS Growth Is Important To You, Noble (NYSE:NE) Presents An Opportunity
May 07Getting In Cheap On Noble Corporation Plc (NYSE:NE) Might Be Difficult
Mar 01Noble updates Q4 Adjusted EBITDA guidance
Jan 23Are Investors Undervaluing Noble Corporation Plc (NYSE:NE) By 50%?
Dec 27Noble closes $350M term loan
Dec 22Noble's (NYSE:NE) Robust Earnings Are Not All Good News For Shareholders
Nov 10Noble Non-GAAP EPS of $0.50 beats by $0.11, revenue of $306M beats by $10.82M
Nov 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Noble Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NE) | 5.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Energy Services) | 2.3% |
| Analyst forecast (NE) (up to 3 years) | 9.4% |
Notable Dividend: NE's dividend (5.82%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: NE's dividend (5.82%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), NE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.1%), NE's dividend payments are not well covered by cash flows.