Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
Nabors Industries Dividend Announcement
• Nabors Industries announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2020-04-02. Ex dividend date: 2020-03-11
• Nabors Industries's trailing twelve-month (TTM) dividend yield is -%
• Nabors Industries's payout ratio for the trailing twelve months (TTM) is -0.06%
Nabors Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-03-11 | $0.01 | quarterly | 2020-04-02 |
2019-12-12 | $0.01 | quarterly | 2020-01-03 |
2019-09-10 | $0.01 | quarterly | 2019-10-02 |
2019-06-10 | $0.01 | quarterly | 2019-07-02 |
2019-03-11 | $0.01 | quarterly | 2019-04-02 |
2018-12-12 | $0.06 | quarterly | 2019-01-03 |
2018-09-10 | $0.06 | quarterly | 2018-10-02 |
2018-06-11 | $0.06 | quarterly | 2018-07-03 |
2018-03-12 | $0.06 | quarterly | 2018-04-03 |
2017-12-12 | $0.06 | quarterly | 2018-01-03 |
2017-09-11 | $0.06 | quarterly | 2017-10-03 |
2017-06-12 | $0.06 | quarterly | 2017-07-05 |
2017-03-10 | $0.06 | quarterly | 2017-04-04 |
2016-12-12 | $0.06 | quarterly | 2017-01-04 |
2016-09-09 | $0.06 | quarterly | 2016-10-04 |
2016-06-08 | $0.06 | quarterly | 2016-07-01 |
2016-03-08 | $0.06 | quarterly | 2016-03-31 |
2015-12-08 | $0.06 | quarterly | 2015-12-31 |
2015-09-04 | $0.06 | quarterly | 2015-09-30 |
2015-06-05 | $0.06 | quarterly | 2015-06-30 |
2015-03-06 | $0.06 | quarterly | 2015-03-31 |
2014-12-08 | $0.06 | quarterly | 2014-12-31 |
2014-09-05 | $0.06 | quarterly | 2014-09-30 |
2014-06-05 | $0.04 | quarterly | 2014-06-30 |
2014-03-06 | $0.04 | quarterly | 2014-03-31 |
2013-12-06 | $0.04 | quarterly | 2013-12-31 |
2013-09-04 | $0.04 | quarterly | 2013-09-27 |
2013-06-05 | $0.04 | quarterly | 2013-06-28 |
2013-03-07 | $0.04 | quarterly | 2013-03-28 |
Nabors Industries Dividend per year
Nabors Industries Dividend growth
Nabors Industries Dividend Yield
Nabors Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nabors Industries stock? Use our calculator to estimate your expected dividend yield:
Nabors Industries Financial Ratios
Nabors Industries Dividend FAQ
Other factors to consider when evaluating Nabors Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nabors Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nabors Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nabors Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nabors Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nabors Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nabors Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nabors Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nabors Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nabors Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.