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Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Noble Corporation was founded in 1921 and is headquartered in Sugar Land, Texas.

Noble Dividend Announcement

Noble announced a quarterly dividend of $0.50 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-12-05
Noble annual dividend for 2024 was $42.30
Noble annual dividend for 2023 was $0.70
Noble's trailing twelve-month (TTM) dividend yield is 118.74%
Noble's payout ratio for the trailing twelve months (TTM) is 45.09%

Noble Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-05$0.50quarterly2024-12-19
2024-11-05$40.50quarterly2024-12-05
2024-09-12$0.50quarterly2024-09-26
2024-06-06$0.40quarterly2024-06-27
2024-03-07$0.40quarterly2024-03-21
2023-11-14$0.40quarterly2023-12-14
2023-08-16$0.30quarterly2023-09-14

Noble Dividend per year

Noble Dividend Yield

Noble current trailing twelve-month (TTM) dividend yield is 118.74%. Interested in purchasing Noble stock? Use our calculator to estimate your expected dividend yield:

Noble Financial Ratios

P/E ratio9.54
PEG ratio0.44
P/B ratio1.15
ROE13.68%
Payout ratio45.09%
Current ratio1.57
Quick ratio1.57
Cash Ratio0.44

Noble Dividend FAQ

Does Noble stock pay dividends?
Noble does not currently pay dividends to its shareholders.
Has Noble ever paid a dividend?
No, Noble has no a history of paying dividends to its shareholders. Noble is not known for its dividend payments.
Why doesn't Noble pay dividends?
There are several potential reasons why Noble would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Noble ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Noble has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Noble a dividend aristocrat?
Noble is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Noble a dividend king?
Noble is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Noble a dividend stock?
No, Noble is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Noble stocks?
To buy Noble you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Noble stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.