Northern Oil and Gas, Inc. (NOG) Dividends
NOG Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $43.20 | $3.62 | -87.08% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of NOG, the DDM model, as implemented by StockNews, implies a negative return of 87.08% relative to its current price. To help understand and contextualize the model's evaluation of NOG, investors may wish to consider are:
- Regarding its relative worth based on the dividend discount model, Northern Oil & Gas Inc's estimated return of -87.08% surpasses about 6.96% of dividend issuers we applied the dividend discount model to.
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Northern Oil & Gas Inc than it is for 4.76% of other dividend issuers in the Energy sector.
- As other dividend issuers in the Energy sector, Northern Oil & Gas Inc has an equity discount rate lower than 4.76% of them.
NOG Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-09-27 | Dividend | $0.42 | +5.00% |
| 2024-06-27 | Dividend | $0.40 | -- |
| 2024-03-27 | Dividend | $0.40 | -- |
| 2023-12-27 | Dividend | $0.40 | +5.26% |
| 2023-09-27 | Dividend | $0.38 | +2.70% |
| 2023-06-28 | Dividend | $0.37 | +8.82% |
| 2023-03-29 | Dividend | $0.34 | +13.33% |
| 2022-12-28 | Dividend | $0.30 | +20.00% |
| 2022-09-28 | Dividend | $0.25 | +31.58% |
| 2022-06-28 | Dividend | $0.19 | +35.71% |
| 2022-03-29 | Dividend | $0.14 | +75.00% |
| 2021-12-29 | Dividend | $0.08 | +77.78% |
| 2021-09-29 | Dividend | $0.05 | +50.00% |
| 2021-06-29 | Dividend | $0.03 | -- |
| 2020-09-21 | Split |
NOG Dividends vs. Peers
NOG's dividend yield currently ranks #27 of 29 vs. its peers in the Energy - Drilling category.