NOV Inc. (NOV) Dividends
Dividend Yield and Dividend History Highlights
- In terms of compounded growth rate of annual dividends, NOV's growth rate has been -0.49% over the past 5.51 years.
- As for its free cash flow/dividend ratio, NOV's comes in at -36.84 -- better than 2.94% of other US-listed dividend issuers.
- In terms of debt burden relative to earnings, NOV has an EBITDA to net debt ratio of -2.72, ranking above 2.7% stocks in our set.
- As for stocks whose price is uncorrelated with NOV's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CCOI, BMA, MAS, MRTN and SLP.
NOV Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $14.07 | $7.28 | -62.95% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding NOV Inc, the dividend discount model StockNews created for the company implies a negative return of 62.95%. To help understand and contextualize the model's evaluation of NOV, investors may wish to consider are:
- In comparison to other stocks in the Energy sector, NOV Inc offers a higher dividend yield than only 13.21% of them.
- In terms of who is growing the amount of dividends they return to shareholders, NOV boasts a higher growth rate in terms of its annual cash distributed to its owners than only 0.68% of the dividend issuers in our set.
NOV Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-06 | Dividend | $0.08 | -- |
| 2024-09-13 | Dividend | $0.08 | -- |
| 2024-06-14 | Dividend | $0.08 | +50.00% |
| 2024-03-13 | Dividend | $0.05 | -- |
| 2023-12-07 | Dividend | $0.05 | -- |
| 2023-09-14 | Dividend | $0.05 | -- |
| 2023-06-15 | Dividend | $0.05 | -- |
| 2023-03-16 | Dividend | $0.05 | -- |
| 2022-12-08 | Dividend | $0.05 | -- |
| 2022-09-15 | Dividend | $0.05 | -- |
| 2022-06-09 | Dividend | $0.05 | -- |
| 2022-03-10 | Dividend | $0.05 | -- |
| 2021-12-02 | Dividend | $0.05 | -- |
| 2020-03-12 | Dividend | $0.05 | -- |
| 2019-12-05 | Dividend | $0.05 | -- |
| 2019-09-12 | Dividend | $0.05 | -- |
| 2019-06-13 | Dividend | $0.05 | -- |
| 2019-03-14 | Dividend | $0.05 | -- |
| 2018-12-06 | Dividend | $0.05 | -- |
| 2018-09-13 | Dividend | $0.05 | -- |
| 2018-06-14 | Dividend | $0.05 | -- |
| 2018-03-15 | Dividend | $0.05 | -- |
| 2017-12-07 | Dividend | $0.05 | -- |
| 2017-09-14 | Dividend | $0.05 | -- |
| 2017-06-14 | Dividend | $0.05 | -- |
| 2017-03-15 | Dividend | $0.05 | -- |
| 2016-11-30 | Dividend | $0.05 | -- |
| 2016-09-14 | Dividend | $0.05 | -- |
| 2016-06-08 | Dividend | $0.05 | -89.13% |
| 2016-03-09 | Dividend | $0.46 | -- |
| 2015-12-02 | Dividend | $0.46 | -- |
| 2015-09-09 | Dividend | $0.46 | -- |
| 2015-06-10 | Dividend | $0.46 | -- |
| 2015-03-11 | Dividend | $0.46 | -- |
| 2014-12-03 | Dividend | $0.46 | -- |
| 2014-09-10 | Dividend | $0.46 | -- |
| 2014-06-11 | Dividend | $0.46 | +19,538.46% |
| 2014-06-02 | Split | 111-100-for-1 Stock Split | N/A |
| 2014-03-12 | Dividend | $0.26 | -- |
| 2013-12-04 | Dividend | $0.26 | -- |
| 2013-09-11 | Dividend | $0.26 | -- |
| 2013-06-12 | Dividend | $0.26 | +100.00% |
| 2013-03-13 | Dividend | $0.13 | -- |
| 2012-12-05 | Dividend | $0.13 | +8.33% |
| 2012-09-12 | Dividend | $0.12 | -- |
| 2012-06-13 | Dividend | $0.12 | -- |
| 2012-03-14 | Dividend | $0.12 | -- |
| 2011-11-30 | Dividend | $0.12 | +9.09% |
| 2011-09-07 | Dividend | $0.11 | -- |
| 2011-06-08 | Dividend | $0.11 | -- |
| 2011-03-09 | Dividend | $0.11 | -- |
| 2010-12-01 | Dividend | $0.11 | +10.00% |
| 2010-09-08 | Dividend | $0.10 | -- |
| 2010-06-09 | Dividend | $0.10 | -- |
| 2010-03-10 | Dividend | $0.10 | -90.91% |
| 2009-11-30 | Dividend | $1.10 | -- |
| 2007-10-01 | Split | ||
| 1997-11-19 | Split |
NOV Dividends vs. Peers
NOV's dividend yield currently ranks #15 of 91 vs. its peers in the Energy - Services category.
Looking for More Information on NOV dividends?
Want to see what other sources are saying about National Oilwell Varco Inc's dividends? Try the links below:National Oilwell Varco Inc Common Stock (NOV) Dividend History | Nasdaq
Dividend History for National Oilwell Varco Inc (NOV) - Dividend Investor
National Oilwell Varco Inc (NOV) Dividend History - Seeking Alpha