NOG Dividend History & Analysis | 6.9% Yield

NOG has a dividend yield of 6.9% and paid 1.8 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.88%
Payout Ratio 45.3%
Growth Rate CAGR 5y 70.10%
Consistency Lifetime 100.0%
Yield on Cost 5y 13.26%
Payout FCF -
Streak Years 4
Dividend Rating 87.86%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MAU 2,241 M 6.61% 45.22%
DMLP 1,279 M 12.68% 28.87%
MNR 2,409 M 14.96% 20.15%
KRP 1,609 M 11.55% 26.05%
BSM 2,826 M 11.78% 19.90%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
SM 7,521 M 165.91% 92.5%
PR 17,403 M 128.94% 86.1%
MTDR 7,359 M 80.06% 100.0%
WTI 707 M 100.00% 46.6%
CRC 5,429 M 74.30% 100.0%
Quality Dividend Peers in Oil & Gas Exploration & Production CNQ Canadian Natural Resources
4.82% Yield
NOG Dividend History: Last 21 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-03-30 2026-03-30 2026-04-30 Quarterly 0.45 0% 1.47%
2025-12-30 2025-12-30 2026-01-30 Quarterly 0.45 0% 2.07%
2025-09-29 2025-09-29 2025-10-31 Quarterly 0.45 0% 1.67%
2025-06-27 2025-06-27 2025-07-31 Quarterly 0.45 0% 1.56%
2025-03-28 2025-03-28 2025-04-30 Quarterly 0.45 +7.1% 1.48%
2024-12-30 2024-12-30 2025-01-31 Quarterly 0.42 0% 1.17%
2024-09-27 2024-09-27 2024-10-31 Quarterly 0.42 +5% 1.22%
2024-06-27 2024-06-27 2024-07-31 Quarterly 0.4 0% 1.04%
2024-03-27 2024-03-28 2024-04-30 Quarterly 0.4 0% 1.04%
2023-12-27 2023-12-28 2024-01-31 Quarterly 0.4 +5.3% 1.04%
2023-09-27 2023-09-28 2023-10-31 Quarterly 0.38 +2.7% 0.94%
2023-06-28 2023-06-29 2023-07-31 Quarterly 0.37 +8.8% 1.14%
2023-03-29 2023-03-30 2023-04-28 Quarterly 0.34 +13.3% 1.14%
2022-12-28 2022-12-29 2023-01-31 Quarterly 0.3 +20% 0.95%
2022-09-28 2022-09-29 2022-10-31 Quarterly 0.25 +31.6% 0.99%
2022-06-28 2022-06-29 2022-07-29 Quarterly 0.19 +35.7% 0.67%
2022-03-29 2022-03-30 2022-04-29 Quarterly 0.14 +133.3% 0.51%
2021-12-30 0.06 -25% 0.29%
2021-12-29 2021-12-30 2022-01-31 Quarterly 0.08 +77.8% 0.39%
2021-09-29 2021-09-30 2021-10-29 Quarterly 0.045 +50% 0.22%
2021-06-29 2021-06-30 2021-07-30 Other 0.03 0% 0.15%

NOG Dividend FAQ

Northern Oil and Gas, Inc. (NOG) is an independent energy company focused on the acquisition, development, and production of crude oil and natural gas within the United States. Founded in 2006 and based in Minnesota, the firm operates primarily as a non-operator, a business model where the company owns working interests in leaseholds but allows larger exploration and production firms to manage daily drilling operations. This strategy reduces direct capital expenditure on infrastructure and personnel while providing diversified exposure to multiple shale basins.

What is the Dividend Yield of NOG?

As of May 2026, NOG's dividend yield is 6.88%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.80 USD by the current share price of 24.43.

Does NOG pay a dividend?

As of May 2026, NOG paid a dividend of 1.80 USD in the last 12 months. The last dividend was paid on 2026-03-30 and the payout was 0.45 USD.

How often does NOG pay dividends?

NOG pays dividends quarterly. Over the last 12 months, NOG has issued 4 dividend payments. The last dividend payment was made on 2026-03-30.

NOG dividend forecast

Based on historical data, the forecasted dividends per share for NOG for the next payments are between 0.464 (+3.1%) and 0.481 (+6.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 7.80%.

Will NOG pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2026-03-30. The next Ex-Dividend date for Northern Oil & Gas (NOG) is currently unknown.

What is the next Ex-Dividend Date for NOG?

The next Ex-Dividend date for Northern Oil & Gas (NOG) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NOG?

NOG's average dividend growth rate over the past 5 years is 70.1% per year. Strong growth: NOG's dividend growth is outpacing inflation.

What is the Yield on Cost of NOG?

NOG's 5-Year Yield on Cost is 13.3%. If you bought NOG's shares at 13.57 USD five years ago, your current annual dividend income (1.80 USD per share, trailing 12 months) equals 13.3% of your original purchase price.

What is the Payout Consistency of NOG?

NOG Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Northern Oil & Gas has a strong track record of consistent dividend payments over its lifetime.

Does NOG have a good Dividend Yield?

NOG's 6.88% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of NOG?

The Dividend Payout Ratio of NOG is 45.3%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NOG?

NOG's Overall Dividend Rating is 87.86%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOG Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.

What is the Trend in NOG's Outstanding Shares?

Northern Oil & Gas's outstanding shares have increased by approximately 3.31% annually over the past 3 years (Trend Reliability: -42.4%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has NOG ever had a Stock Split?

Yes, the last stock split was on Sep 21, 2020 with a ratio of 1:10. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2011 6,000,000 0%
2012 6,000,000 0%
2013 6,000,000 0%
2014 6,000,000 0%
2015 6,000,000 0%
2016 6,000,000 0%
2017 6,000,000 0%
2018 24,000,000 +300%
2019 39,000,000 +62.5%
2020 43,000,000 +10.26%
2021 63,000,000 +46.51%
2022 87,000,000 +38.1%
2023 92,000,000 +5.75%
2024 101,000,000 +9.78%
2025 99,000,000 -1.98%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-14 02:37 UTC