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 6.87%
Payout Ratio 40.3%
Growth Rate CAGR 5y 70.10%
Consistency Lifetime 100.0%
Yield on Cost 5y 19.07%
Payout FCF -
Streak Years 5
Dividend Rating 88.17%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
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.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: -41.2%
Total Return 5y: 135.6%

Top Dividend Payers in Oil & Gas Exploration & Production

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DMLP 1,149 M 10.2% 36.1%
KRP 1,312 M 11.8% 29.8%
BSM 3,006 M 10.0% 26.7%
MNR 1,859 M 14.2% 14.4%
SBR 984 M 7.96% 25.9%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
SM 2,081 M 166% 92.5%
MTDR 5,327 M 80.1% 100%
WTI 269 M 100% 46.6%
DEC 1,126 M 64.1% 90.0%
APA 9,224 M 64.1% 93.5%

Quality Dividend Peers in Oil & Gas Exploration & Production

APA
APA
 5.07% Yield

NOG Dividend History: Last 20 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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 & Gas Inc. (NYSE: NOG) is an independent U.S. energy firm that acquires, explores, develops, and produces crude oil and natural-gas assets across the lower 48 states. Founded in 2006, the company is headquartered in Minnetonka, Minnesota, and trades as a common-stock under the GICS sub-industry “Oil & Gas Exploration & Production.”

What is the Dividend Yield of NOG?

As of January 2026, NOG`s dividend yield is 6.87%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.80 USD by the current share price of 22.24.

Does NOG pay a dividend?

As of January 2026, NOG paid a dividend of 1.80 USD in the last 12 months. The last dividend was paid on 2025-12-30 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 2025-12-30.

NOG dividend forecast

Based on historical data, the forecasted dividends per share for NOG for the next 4 payments are between 0.527 (+17.1%) and 0.602 (+33.8%).
This represents a strong dividend growth compared to the last payment.

Will NOG pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2025-12-30. 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 19.1%. If you bought NOG's shares at 9.44 USD five years ago, your current annual dividend income (1.80 USD per share, trailing 12 months) equals 19.1% 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 6.87% 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 40.3%. 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 88.17%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOG Outstanding Shares Analysis

What is the Trend in NOG's Outstanding Shares?

Northern Oil & Gas's outstanding shares have decreased by approximately 1.36% annually over the past 3 years (Trend Reliability: -33.3%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

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
1999 41,810,000
2000 235,800 -99.44%
2001 235,800
2002 235,800
2003 235,800
2004 235,800
2005 235,800
2006 2,019,700 +756.53%
2007 2,885,000 +42.84%
2008 3,422,400 +18.63%
2009 4,410,000 +28.86%
2010 6,300,000 +42.86%
2011 6,224,000 -1.21%
2012 6,286,000 +1%
2013 6,158,000 -2.04%
2014 6,056,000 -1.66%
2015 6,073,000 +0.28%
2016 6,131,000 +0.96%
2017 6,467,300 +5.49%
2018 37,940,100 +486.65%
2019 40,204,200 +5.97%
2020 45,521,000 +13.22%
2021 81,849,600 +79.81%
2022 81,857,000 +0.01%
2023 99,814,000 +21.94%
2024 101,268,000 +1.46%
2025 97,123,900 -4.09%

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: 2026-01-13 02:44