Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of crude oil and natural gas properties in the United States. The company primarily holds interests in the Williston Basin, the Appalachian Basin, and the Permian Basin in the United States. As of December 31, 2021, it owned working interests in 7,436 gross producing wells; and had proved reserves of 287,682 million barrels of oil equivalent. The company is based in Minnetonka, Minnesota.
Northern Oil and Gas Dividend Announcement
• Northern Oil and Gas announced a quarterly dividend of $0.42 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-09-27 • Northern Oil and Gas annual dividend for 2024 was $1.22 • Northern Oil and Gas annual dividend for 2023 was $1.49 • Northern Oil and Gas's trailing twelve-month (TTM) dividend yield is 4.47% • Northern Oil and Gas's payout ratio for the trailing twelve months (TTM) is 26.52%
Northern Oil and Gas current trailing twelve-month (TTM) dividend yield is 4.47%. Interested in purchasing Northern Oil and Gas stock? Use our calculator to estimate your expected dividend yield:
Northern Oil and Gas Financial Ratios
P/E ratio6.42
PEG ratio0.01
P/B ratio1.76
ROE30.04%
Payout ratio26.52%
Current ratio0.89
Quick ratio0.89
Cash Ratio0.02
Northern Oil and Gas Dividend FAQ
How much is the next Northern Oil and Gas dividend?
Northern Oil and Gas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Northern Oil and Gas dividend. The next Northern Oil and Gas dividend will be released in March, June, September, or December.
When is Northern Oil and Gas dividend paid?
Northern Oil and Gas pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Northern Oil and Gas pay?
The specific amount of Northern Oil and Gas dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Northern Oil and Gas's dividend history.
Does Northern Oil and Gas stock pay dividends?
Yes, Northern Oil and Gas does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Northern Oil and Gas's dividend history.
How much dividend does Northern Oil and Gas pay?
Northern Oil and Gas paid $1.22 in 2024, $1.49 in 2023, $0.88 in 2022, $0.155 in 2021, and $0.0 in 2020.
How often does Northern Oil and Gas pay dividends?
Northern Oil and Gas typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Northern Oil and Gas's dividend yield?
The current dividend yield for Northern Oil and Gas is 4.47%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Northern Oil and Gas's exact dividend yield.
When does Northern Oil and Gas go ex dividend?
Northern Oil and Gas's ex-dividend date for the latest dividend was on 2024-09-27. Northern Oil and Gas typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Northern Oil and Gas dividend paid?
Northern Oil and Gas pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Northern Oil and Gas increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Northern Oil and Gas will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Northern Oil and Gas dividend per share?
Northern Oil and Gas paid $1.22 per share in 2024 and $1.49 per share in 2023. The amount of dividend per share that Northern Oil and Gas pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Northern Oil and Gas a dividend aristocrat?
No, 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 Northern Oil and Gas a dividend king?
No, 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 Northern Oil and Gas a dividend stock?
Yes, Northern Oil and Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Northern Oil and Gas a good dividend stock?
Whether Northern Oil and Gas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Northern Oil and Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Northern Oil and Gas 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.
Does Northern Oil and Gas pay dividends monthly?
Northern Oil and Gas typically pays dividends on a quarterly basis.
Does Northern Oil and Gas pay dividends quarterly?
Northern Oil and Gas currently pays dividends on a quarterly basis.
Has Northern Oil and Gas ever paid a dividend?
Yes, Northern Oil and Gas has a history of paying dividends to its shareholders. Northern Oil and Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Northern Oil and Gas dividend stocks?
To buy Northern Oil and Gas 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Northern Oil and Gas 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.
When does Northern Oil and Gas pay dividends 2024?
Northern Oil and Gas pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Northern Oil and Gas increase its dividend in 2024?
Decisions regarding Northern Oil and Gas dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Northern Oil and Gas dividend overview you can look into the above table of dividend history.
How Northern Oil and Gas dividend works?
The Northern Oil and Gas dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Northern Oil and Gas's dividend process works:
1. Determination of Dividend: Northern Oil and Gas'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, Northern Oil and Gas 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, Northern Oil and Gas 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 Northern Oil and Gas 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.
How are Northern Oil and Gas dividends paid?
Northern Oil and Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Northern Oil and Gas 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, Northern Oil and Gas distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Northern Oil and Gas 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.
How many times does Northern Oil and Gas pay dividends?
Northern Oil and Gas typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Northern Oil and Gas pay dividends?
The general pattern is that Northern Oil and Gas pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Northern Oil and Gas dividend safe?
The safety of Northern Oil and Gas's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Northern Oil and Gas'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 Northern Oil and Gas'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.