NOV Dividend
Dividend criteria checks 3/6
NOV is a dividend paying company with a current yield of 1.89% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
1.9%
Dividend yield
8%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | 27 Sep 24 |
Ex dividend date | 13 Sep 24 |
Dividend per share | US$0.300 |
Earnings per share | US$2.68 |
Dividend yield forecast | 2.0% |
Recent dividend updates
NOV's (NYSE:NOV) Upcoming Dividend Will Be Larger Than Last Year's
May 22NOV (NYSE:NOV) Is Paying Out A Dividend Of $0.05
Mar 07Recent updates
NOV 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 24National Oilwell Varco Q4 2022 Earnings Preview
Feb 05NOV: Time To Lock In Some Profits
Jan 11The Return Trends At NOV (NYSE:NOV) Look Promising
Dec 26Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)
Nov 29Stability 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) | 1.9% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Energy Services) | 2.6% |
Analyst forecast (NOV) (up to 3 years) | 2.0% |
Notable Dividend: NOV's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: NOV's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (4.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.4%), NOV's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.1%), NOV's dividend payments are well covered by cash flows.