NOV Dividends and Buybacks
Dividend criteria checks 3/6
NOV is a dividend paying company with a current yield of 2.13% that is well covered by earnings.
Key information
2.1%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | -13.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.300 |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings
Dec 16
We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt
Nov 10NOV Is A Hold As It Expects Higher Drilling Activity By 2026
Oct 30Returns At NOV (NYSE:NOV) Are On The Way Up
Oct 15NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 100% Above Its Share Price
Sep 12NOV Inc.'s (NYSE:NOV) Shares Lagging The Market But So Is The Business
Aug 28Is NOV (NYSE:NOV) Using Too Much Debt?
Jul 26Here's Why NOV (NYSE:NOV) Has Caught The Eye Of Investors
Jul 11NOV: A Top Oil And Gas Services Pick Under Quiet Accumulation
Jul 09Returns On Capital Are Showing Encouraging Signs At NOV (NYSE:NOV)
Jun 06NOV's (NYSE:NOV) Upcoming Dividend Will Be Larger Than Last Year's
May 22Is NOV Inc. (NYSE:NOV) Trading At A 22% Discount?
May 14NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet
Apr 23NOV: Energy Supplier Sees Some Energy Itself
Apr 15NOV (NYSE:NOV) Is Paying Out A Dividend Of $0.05
Mar 07Some Confidence Is Lacking In NOV Inc.'s (NYSE:NOV) P/S
Mar 05There May Be Underlying Issues With The Quality Of NOV's (NYSE:NOV) Earnings
Feb 15NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle
Feb 05Earnings Beat: NOV Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 04Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)
Jan 14NOV Earnings Preview: Cash Flow Inflection Point Is Coming
Jan 08NOV: A Balanced Approach For Long-Term Investors
Oct 24NOV: Riding The Wave Of International Drilling Growth
Aug 09NOV: A Hold Until Valuation Goes Down
May 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOV's dividend payments have been volatile in the past 10 years.
Growing Dividend: NOV's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| NOV Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOV) | 2.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Energy Services) | 2.6% |
| Analyst forecast (NOV) (up to 3 years) | 2.3% |
Notable Dividend: NOV's dividend (2.13%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: NOV's dividend (2.13%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.2%), NOV's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), NOV's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NOV Inc. is covered by 74 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Waqar Syed | ATB Capital Markets |
| Tim Monachello | ATB Capital Markets |