Northern Oil and Gas Dividend
Dividend criteria checks 2/6
Northern Oil and Gas is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 27th September, 2024.
Key information
4.2%
Dividend yield
27%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 31 Oct 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | US$1.680 |
| Earnings per share | US$5.67 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27
Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 10Recent updates
Northern Oil and Gas' (NYSE:NOG) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27Northern Oil and Gas' (NYSE:NOG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 10Is Northern Oil and Gas (NYSE:NOG) A Risky Investment?
Jul 16Is Northern Oil and Gas, Inc. (NYSE:NOG) Trading At A 47% Discount?
Jun 16Northern Oil and Gas Now Appears To Be Near Fair Valuation (Rating Downgrade)
May 22Earnings Troubles May Signal Larger Issues for Northern Oil and Gas (NYSE:NOG) Shareholders
May 07Why Investors Shouldn't Be Surprised By Northern Oil and Gas, Inc.'s (NYSE:NOG) Low P/E
Mar 30These 4 Measures Indicate That Northern Oil and Gas (NYSE:NOG) Is Using Debt Reasonably Well
Mar 11Northern Oil And Gas: Expecting Close To $500 Million In 2024 Free Cash Flow
Feb 24Northern Oil And Gas: Bigger Yield, EPS Growth In '24, Monitoring The Chart
Jan 19Northern Oil and Gas (NYSE:NOG) Has Announced That It Will Be Increasing Its Dividend To $0.40
Dec 13Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.40
Nov 23Northern Oil And Gas: Net Debt Should Be Reduced To $1.6 Billion By End Of 2023 (Rating Upgrade)
Nov 04Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.40
Nov 03Northern Oil and Gas, Inc. (NYSE:NOG) Shares Could Be 42% Below Their Intrinsic Value Estimate
Oct 03Northern Oil and Gas (NYSE:NOG) Will Pay A Larger Dividend Than Last Year At $0.38
Sep 12Northern Oil and Gas: Production May Exceed 110,000 BOEPD In Q4 2023
Aug 31Northern Oil and Gas (NYSE:NOG) Is Increasing Its Dividend To $0.38
Aug 28Northern Oil and Gas: A Buy Until The Music Stops, Again
Aug 24Here's Why We Think Northern Oil and Gas (NYSE:NOG) Is Well Worth Watching
Aug 04A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)
Jul 04Northern Oil and Gas: Big Company Revenue, Small Company Flexibility
Jun 15A Look At The Fair Value Of Northern Oil and Gas, Inc. (NYSE:NOG)
Apr 05Northern Oil & Gas Q4 2022 Earnings Preview
Feb 22Northern Oil & Gas raises dividend by 13.3%
Feb 06Northern Oil and Gas: Mascot Project Adds To 2024 Free Cash Flow
Jan 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, NOG has been paying a dividend for less than 10 years.
Growing Dividend: NOG's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Northern Oil and Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOG) | 4.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (NOG) | 4.2% |
Notable Dividend: NOG's dividend (4.18%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: NOG's dividend (4.18%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), NOG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: NOG is paying a dividend but the company has no free cash flows.