NOV Dividend History & Analysis | 3.9% Yield

NOV has a dividend yield of 3.9% and paid 0.51 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.87%
Payout Ratio 114.5%
Growth Rate CAGR 5y 78.71%
Consistency Lifetime 83.5%
Yield on Cost 5y 4.05%
Payout FCF 21.7%
Streak Years 17
Dividend Rating 74.78%

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: 23.4%
Total Return 5y: 50.2%

Top Dividend Payers in Oil & Gas Equipment & Services

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
USAC 3,173 M 8.73% 23.5%
FUR 1,482 M 7.06% 9.25%
KGS 3,600 M 4.98% 13.0%
TS 22,364 M 4.82% 11.8%
SND 195 M 6.65% 7.18%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
WFRD 5,255 M 100% 100%
LBRT 3,844 M 87.6% 70.0%
WTTR 1,466 M 77.6% 100%
FUR 1,482 M 87.5% 67.2%
RNGR 395 M 54.9% 100%

Quality Dividend Peers in Oil & Gas Equipment & Services

SLB
Schlumberger
 3.13% Yield
HAL
Halliburton
 2.96% Yield
AROC
Archrock
 3.27% Yield
BKR
Baker Hughes
 2.14% Yield
WFRD
Weatherford
 2.01% Yield
WHD
Cactus
 1.22% Yield

NOV Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-05 2025-12-05 2025-12-19 Quarterly 0.075 0% 0.46%
2025-09-12 2025-09-12 2025-09-26 Quarterly 0.075 0% 0.56%
2025-06-13 2025-06-13 2025-06-27 Quarterly 0.075 -64.3% 0.55%
2025-06-02 2025-06-02 2025-06-13 Other 0.21 180% 1.74%
2025-03-14 2025-03-14 2025-03-28 Quarterly 0.075 0% 0.53%
2024-12-06 2024-12-06 2024-12-20 Quarterly 0.075 0% 0.48%
2024-09-13 2024-09-13 2024-09-27 Quarterly 0.075 0% 0.46%
2024-06-14 2024-06-14 2024-06-28 Quarterly 0.075 50% 0.42%
2024-03-13 2024-03-14 2024-03-28 Quarterly 0.05 0% 0.28%
2023-12-07 2023-12-08 2023-12-22 Quarterly 0.05 0% 0.27%
2023-09-14 2023-09-15 2023-09-29 Quarterly 0.05 0% 0.24%
2023-06-15 2023-06-16 2023-06-30 Quarterly 0.05 0% 0.33%
2023-03-16 2023-03-17 2023-03-31 Quarterly 0.05 0% 0.28%
2022-12-08 2022-12-09 2022-12-23 Quarterly 0.05 0% 0.24%
2022-09-15 2022-09-16 2022-09-30 Quarterly 0.05 0% 0.28%
2022-06-09 2022-06-10 2022-06-24 Quarterly 0.05 0% 0.24%
2022-03-10 2022-03-11 2022-03-25 Quarterly 0.05 0% 0.23%
2021-12-02 2021-12-03 2021-12-17 Quarterly 0.05 0% 0.43%
2020-03-12 2020-03-13 2020-03-27 Quarterly 0.05 0% N/A
2019-12-05 2019-12-06 2019-12-20 Quarterly 0.05 0% N/A
2019-09-12 2019-09-13 2019-09-27 Quarterly 0.05 0% N/A
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.05 0% N/A
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.05 0% N/A
2018-12-06 2018-12-07 2018-12-21 Quarterly 0.05 0% N/A
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.05 0% N/A
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.05 0% N/A
2018-03-15 2018-03-16 2018-03-30 Quarterly 0.05 0% N/A
2017-12-07 2017-12-08 2017-12-22 Quarterly 0.05 0% N/A
2017-09-14 2017-09-15 2017-09-29 Quarterly 0.05 0% N/A
2017-06-14 2017-06-16 2017-06-30 Quarterly 0.05 0% N/A
2017-03-15 2017-03-17 2017-03-31 Quarterly 0.05 0% N/A
2016-11-30 2016-12-02 2016-12-16 Quarterly 0.05 0% N/A
2016-09-14 2016-09-16 2016-09-30 Quarterly 0.05 0% N/A
2016-06-08 2016-06-10 2016-06-24 Quarterly 0.05 -89.1% N/A
2016-03-09 2016-03-11 2016-03-25 Quarterly 0.46 0% N/A
2015-12-02 2015-12-04 2015-12-18 Quarterly 0.46 0% N/A
2015-09-09 2015-09-11 2015-09-25 Quarterly 0.46 0% N/A
2015-06-10 2015-06-12 2015-06-26 Quarterly 0.46 0% N/A
2015-03-11 2015-03-13 2015-03-27 Quarterly 0.46 0% N/A
2014-12-03 2014-12-05 2014-12-19 Quarterly 0.46 0% N/A
2014-09-10 2014-09-12 2014-09-26 Quarterly 0.46 0% N/A
2014-06-11 2014-06-13 2014-06-27 Quarterly 0.46 76.9% N/A
2014-03-12 2014-03-14 2014-03-28 Quarterly 0.26 0% N/A
2013-12-04 2013-12-06 2013-12-20 Quarterly 0.26 0% N/A
2013-09-11 2013-09-13 2013-09-27 Quarterly 0.26 0% N/A
2013-06-12 2013-06-14 2013-06-28 Quarterly 0.26 100% N/A
2013-03-13 2013-03-15 2013-03-29 Quarterly 0.13 0% N/A
2012-12-05 2012-12-07 2012-12-21 Quarterly 0.13 8.3% N/A
2012-09-12 2012-09-14 2012-09-28 Quarterly 0.12 0% N/A
2012-06-13 2012-06-15 2012-06-29 Quarterly 0.12 0% N/A

NOV Dividend FAQ

National Oilwell Varco rebranded as NOV Inc. in 2021 and now designs, builds, and sells a broad portfolio of equipment and services for oil-and-gas drilling, production, and industrial/renewable-energy markets. The business is split into two segments: Energy Equipment (drilling rigs, hydraulic-fracturing trucks, coiled-tubing, offshore production systems, etc.) and Energy Products & Services (solids-control, waste-management, artificial-lift, pumps, and aftermarket support).

What is the Dividend Yield of NOV?

As of February 2026, NOV`s dividend yield is 3.87%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.51 USD by the current share price of 18.91.

Does NOV pay a dividend?

As of February 2026, NOV paid a dividend of 0.51 USD in the last 12 months. The last dividend was paid on 2025-12-05 and the payout was 0.075 USD.

How often does NOV pay dividends?

NOV pays dividends quarterly. Over the last 12 months, NOV has issued 5 dividend payments. The last dividend payment was made on 2025-12-05.

NOV dividend forecast

Based on historical data, the forecasted dividends per share for NOV for the next 4 payments are between 0.001 (-98.7%) and 0.049 (-34.7%).
This represents a significant dividend cut compared to the last payment.

Will NOV pay dividends in 2026?

The latest dividend paid per share was 0.075 USD with an Ex-Dividend Date of 2025-12-05. The next Ex-Dividend date for NOV (NOV) is currently unknown.

What is the next Ex-Dividend Date for NOV?

The next Ex-Dividend date for NOV (NOV) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NOV?

NOV's average dividend growth rate over the past 5 years is 78.7% per year.
Strong growth: NOV's Dividend growth is outpacing inflation.

What is the Yield on Cost of NOV?

NOV's 5-Year Yield on Cost is 4.05%. If you bought NOV's shares at 12.59 USD five years ago, your current annual dividend income (0.51 USD per share, trailing 12 months) equals 4.05% of your original purchase price.

What is the Payout Consistency of NOV?

NOV Payout Consistency is 83.5%. 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.
Moderately consistent: NOV has a good track record of consistent dividend payments over its lifetime.

Does NOV have a good Dividend Yield?

NOV`s 3.87% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NOV?

The Dividend Payout Ratio of NOV is 114.5%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of NOV?

NOV`s Overall Dividend Rating is 74.78%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NOV Outstanding Shares Analysis

What is the Trend in NOV's Outstanding Shares?

NOV's outstanding shares have decreased by approximately 3.85% annually over the past 3 years (Trend Reliability: -100.0%).

Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has NOV ever had a Stock Split?

Yes, the last stock split was on Jun 2, 2014 with a ratio of 1109:1000.

This was a forward split: Each share became 1.11 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1996 53,333,300
1997 102,926,800 +92.99%
1998 105,714,300 +2.71%
1999 127,114,000 +20.24%
2000 161,232,000 +26.84%
2001 161,840,000 +0.38%
2002 167,408,000 +3.44%
2003 170,792,000 +2.02%
2004 210,600,000 +23.31%
2005 349,200,000 +65.81%
2006 351,800,000 +0.74%
2007 356,100,000 +1.22%
2008 416,000,000 +16.82%
2009 417,000,000 +0.24%
2010 420,000,000 +0.72%
2011 423,000,000 +0.71%
2012 428,000,000 +1.18%
2013 429,000,000 +0.23%
2014 428,000,000 -0.23%
2015 375,000,000 -12.38%
2016 376,000,000 +0.27%
2017 377,000,000 +0.27%
2018 383,000,000 +1.59%
2019 382,000,000 -0.26%
2020 385,000,000 +0.79%
2021 387,000,000 +0.52%
2022 395,000,000 +2.07%
2023 397,000,000 +0.51%
2024 390,000,000 -1.76%
2025 367,000,000 -5.9%

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: 2026-02-01 02:17