NOV Dividends and Buybacks
Dividend criteria checks 3/6
NOV is a dividend paying company with a current yield of 1.85% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 6th December, 2024.
Key information
1.8%
Dividend yield
1.9%
Buyback Yield
Total Shareholder Yield | 3.7% |
Future Dividend Yield | 1.9% |
Dividend Growth | -15.2% |
Next dividend pay date | 20 Dec 24 |
Ex dividend date | 06 Dec 24 |
Dividend per share | US$0.300 |
Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
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 08We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt
Dec 18NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital
Dec 05NOV (NYSE:NOV) Will Pay A Dividend Of $0.05
Nov 20Here's Why We Think NOV (NYSE:NOV) Is Well Worth Watching
Oct 30NOV: A Balanced Approach For Long-Term Investors
Oct 24NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 38% Above Its Share Price
Oct 13Returns Are Gaining Momentum At NOV (NYSE:NOV)
Sep 04NOV: Riding The Wave Of International Drilling Growth
Aug 09NOV Inc.'s (NYSE:NOV) P/S Still Appears To Be Reasonable
Jul 26A Look At The Fair Value Of NOV Inc. (NYSE:NOV)
Jul 08We Think NOV (NYSE:NOV) Is Taking Some Risk With Its Debt
Jun 19NOV: A Hold Until Valuation Goes Down
May 26NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital
Apr 17A Look At The Fair Value Of NOV Inc. (NYSE:NOV)
Mar 27NOV (NYSE:NOV) Has A Somewhat Strained Balance Sheet
Mar 06National Oilwell Varco declares $0.05 dividend
Feb 24Upcoming Dividend Payment
Stability 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) | 1.8% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.3% |
Industry Average (Energy Services) | 2.3% |
Analyst forecast (NOV) (up to 3 years) | 1.9% |
Notable Dividend: NOV's dividend (1.85%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: NOV's dividend (1.85%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.