NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. NOV Inc. offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.
NOV Dividend Announcement
• NOV announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
• NOV annual dividend for 2024 was $0.20
• NOV annual dividend for 2023 was $0.20
• NOV's trailing twelve-month (TTM) dividend yield is 2.04%
• NOV's payout ratio for the trailing twelve months (TTM) is 9.13%
• NOV's dividend growth over the last ten years (2013-2023) was -14.06% year
NOV Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-13 | $0.07 | quarterly | 2024-09-27 |
| 2024-06-14 | $0.07 | quarterly | 2024-06-28 |
| 2024-03-13 | $0.05 | quarterly | 2024-03-28 |
| 2023-12-07 | $0.05 | quarterly | 2023-12-22 |
| 2023-09-14 | $0.05 | quarterly | 2023-09-29 |
| 2023-06-15 | $0.05 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.05 | quarterly | 2023-03-31 |
| 2022-12-08 | $0.05 | quarterly | 2022-12-23 |
| 2022-09-15 | $0.05 | quarterly | 2022-09-30 |
| 2022-06-09 | $0.05 | quarterly | 2022-06-24 |
| 2022-03-10 | $0.05 | quarterly | 2022-03-25 |
| 2021-12-02 | $0.05 | quarterly | 2021-12-17 |
| 2020-03-12 | $0.05 | quarterly | 2020-03-27 |
| 2019-12-05 | $0.05 | quarterly | 2019-12-20 |
| 2019-09-12 | $0.05 | quarterly | 2019-09-27 |
| 2019-06-13 | $0.05 | quarterly | 2019-06-28 |
| 2019-03-14 | $0.05 | quarterly | 2019-03-29 |
| 2018-12-06 | $0.05 | quarterly | 2018-12-21 |
| 2018-09-13 | $0.05 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.05 | quarterly | 2018-06-29 |
| 2018-03-15 | $0.05 | quarterly | 2018-03-30 |
| 2017-12-07 | $0.05 | quarterly | 2017-12-22 |
| 2017-09-14 | $0.05 | quarterly | 2017-09-29 |
| 2017-06-14 | $0.05 | quarterly | 2017-06-30 |
| 2017-03-15 | $0.05 | quarterly | 2017-03-31 |
| 2016-11-30 | $0.05 | quarterly | 2016-12-16 |
| 2016-09-14 | $0.05 | quarterly | 2016-09-30 |
| 2016-06-08 | $0.05 | quarterly | 2016-06-24 |
| 2016-03-09 | $0.46 | quarterly | 2016-03-25 |
| 2015-12-02 | $0.46 | quarterly | 2015-12-18 |
| 2015-09-09 | $0.46 | quarterly | 2015-09-25 |
| 2015-06-10 | $0.46 | quarterly | 2015-06-26 |
| 2015-03-11 | $0.46 | quarterly | 2015-03-27 |
| 2014-12-03 | $0.46 | quarterly | 2014-12-19 |
| 2014-09-10 | $0.46 | quarterly | 2014-09-26 |
| 2014-06-11 | $0.46 | quarterly | 2014-06-27 |
| 2014-03-12 | $0.26 | quarterly | 2014-03-28 |
| 2013-12-04 | $0.26 | quarterly | 2013-12-20 |
| 2013-09-11 | $0.26 | quarterly | 2013-09-27 |
| 2013-06-12 | $0.26 | quarterly | 2013-06-28 |
| 2013-03-13 | $0.13 | quarterly | 2013-03-29 |
NOV Dividend per year
NOV Dividend growth
NOV Dividend Yield
NOV current trailing twelve-month (TTM) dividend yield is 2.04%. Interested in purchasing NOV stock? Use our calculator to estimate your expected dividend yield:
NOV Financial Ratios
P/E ratio5.83
PEG ratio1.57
P/B ratio0.97
ROE16.99%
Payout ratio9.13%
Current ratio2.57
Quick ratio1.65
Cash Ratio0.43
NOV Dividend FAQ
How much is the next NOV dividend?
NOV's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NOV dividend. The next NOV dividend will be released in March, June, September, or December.
When is NOV dividend paid?
NOV 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 NOV pay?
The specific amount of NOV 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 NOV's dividend history.
Does NOV stock pay dividends?
Yes, NOV 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 NOV's dividend history.
How much dividend does NOV pay?
NOV paid $0.2 in 2024, $0.2 in 2023, $0.2 in 2022, $0.05 in 2021, and $0.05 in 2020.
How often does NOV pay dividends?
NOV 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 NOV's dividend yield?
The current dividend yield for NOV is 2.04%. 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 NOV's exact dividend yield.
When does NOV go ex dividend?
NOV's ex-dividend date for the latest dividend was on 2024-09-13. NOV 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 NOV dividend paid?
NOV pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will NOV 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 NOV 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 NOV dividend per share?
NOV paid $0.2 per share in 2024 and $0.2 per share in 2023. The amount of dividend per share that NOV 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 NOV 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 NOV 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 NOV a dividend stock?
Yes, NOV is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NOV a good dividend stock?
Whether NOV is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NOV has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating NOV 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.
Other factors to consider when evaluating NOV 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 NOV pay dividends monthly?
NOV typically pays dividends on a quarterly basis.
Does NOV pay dividends quarterly?
NOV currently pays dividends on a quarterly basis.
Has NOV ever paid a dividend?
Yes, NOV has a history of paying dividends to its shareholders. NOV is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NOV dividend stocks?
To buy NOV 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 NOV 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.
Place an order: Use the brokerage's trading platform to place an order to buy NOV 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 NOV pay dividends 2024?
NOV pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. 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 NOV increase its dividend in 2024?
Decisions regarding NOV 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 NOV dividend overview you can look into the above table of dividend history.
How NOV dividend works?
The NOV 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 NOV's dividend process works:
1. Determination of Dividend: NOV'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, NOV 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, NOV 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 NOV 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. Determination of Dividend: NOV'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, NOV 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, NOV 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 NOV 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 NOV dividends paid?
NOV dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: NOV 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, NOV distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NOV 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.
1. Record Date: NOV 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, NOV distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NOV 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 NOV pay dividends?
NOV 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 NOV pay dividends?
The general pattern is that NOV 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 NOV dividend safe?
The safety of NOV'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 NOV'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 NOV'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.
To assess the safety of NOV'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 NOV'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.