ODL Dividend History & Analysis | 9.9% Yield

ODL has a dividend yield of 9.9% and paid 8.89 NOK per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 9.90%
Payout Ratio 2.5%
Growth Rate CAGR 5y 92.7%
Consistency Lifetime 100%
Yield on Cost 5y 77.7%
Payout FCF 189.3%
Streak Years 3
Dividend Rating 88.1%
Chowder Number yield + growth 102.6% meets 12% target for healthy growth
Yield vs Average 5y +37.5% avg 7.2% vs now 9.90%
Debt / EBITDA leverage 0.0x healthy
Income per 10k invested 990 NOK per year
Dividends Cash Amount per Share Yearly ODL annual dividends paid per share, showing the total cash Odfjell Drilling distributed to shareholders each year.
Dividend Growth Year over Year ODL year-over-year dividend growth rate, showing how Odfjell Drilling's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History ODL dividend yield history versus share price over the past 5 years, showing how Odfjell Drilling's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Drilling

Top 4 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ODL OL
Odfjell Drilling
2,608 M 9.90% 77.71%
NE NYSE
Noble
7,302 M 4.75% 9.17%
PTEN NASDAQ
Patterson-UTI Energy
4,588 M 4.17% 5.85%
HP NYSE
Helmerich Payne
4,401 M 2.96% 4.72%
Top 3 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ODL OL
Odfjell Drilling
2,608 M 92.68% 100.0%
PTEN NASDAQ
Patterson-UTI Energy
4,588 M 15.69% 90.0%
NE NYSE
Noble
7,302 M 11.40% 100.0%

ODL Dividend History

Dividend Monthly Return EX date, 3 years of data

Jan - -
Feb 0.76% 33
Mar 1.20% 67
Apr - -
May 1.28% 67
Jun 0.84% 33
Jul - -
Aug 0.39% 33
Sep 1.37% 67
Oct - -
Nov 1.85% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 13 Payments (NOK) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-03 2026-09-17 Quarterly 2.334 +0.8% 2.51%
2026-05-27 2026-06-09 Quarterly 2.3148 +3.8% 2.69%
2026-03-04 2026-03-19 Quarterly 2.2292 +10.6% 2.16%
2025-11-12 2025-11-26 Quarterly 2.0148 +11.7% 2.53%
2025-09-03 2025-09-17 Quarterly 1.8043 +11.9% 2.27%
2025-06-03 2025-06-12 Quarterly 1.6128 +15.5% 2.52%
2025-02-28 2025-03-13 Quarterly 1.3961 +108.4% 2.29%
2024-11-15 2024-11-27 Quarterly 0.6698 +6.3% 1.27%
2024-08-30 2024-09-19 Quarterly 0.6299 -1.1% 1.17%
2024-05-24 2024-06-13 Quarterly 0.6366 +0.3% 1.15%
2024-03-01 2024-03-14 Quarterly 0.6346 -5% 1.43%
2023-11-10 2023-11-22 Quarterly 0.6679 +4.5% 1.75%
2023-09-01 2023-09-13 Quarterly 0.639 0% 1.84%

ODL Dividend FAQ

What is the Dividend Yield of ODL?

As of September 2026, ODL's dividend yield is 9.90%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 8.89 NOK by the current share price of 105.80.

Does ODL pay a dividend?

As of September 2026, ODL paid a dividend of 8.89 NOK in the last 12 months. The last dividend was paid on 2026-09-03 and the payout was 2.334 NOK.

How often does ODL pay dividends?

ODL pays dividends quarterly. Over the last 12 months, ODL has issued 4 dividend payments. The last dividend payment was made on 2026-09-03.

ODL dividend forecast

Based on historical data, the forecasted dividends per share for ODL for the next payments are between 2.45 (+5.0%) and 2.996 (+28.4%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 10.4%.

Will ODL pay dividends in 2026?

The latest dividend paid per share was 2.334 NOK with an Ex-Dividend Date of 2026-09-03. The next Ex-Dividend date for Odfjell Drilling (ODL) is currently unknown.

What is the next Ex-Dividend Date for ODL?

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

What is the Dividend Growth of ODL?

ODL's average dividend growth rate over the past 5 years is 92.7% per year. Strong growth: ODL's dividend growth is outpacing inflation.

What is the Yield on Cost of ODL?

ODL's 5-Year Yield on Cost is 77.7%. If you bought ODL's shares at 11.44 NOK five years ago, your current annual dividend income (8.89 NOK per share, trailing 12 months) equals 77.7% of your original purchase price.

What is the Payout Consistency of ODL?

ODL 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: Odfjell Drilling has a strong track record of consistent dividend payments over its lifetime.

Does ODL have a good Dividend Yield?

ODL's 9.90% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of ODL?

The Dividend Payout Ratio of ODL is 2.5%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of ODL?

ODL's Overall Dividend Rating is 88.07%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ODL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in ODL's Outstanding Shares?

Odfjell Drilling's outstanding shares have increased by approximately 0.69% annually over the past 3 years (Trend Reliability: 94.3%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has ODL ever had a Stock Split?

Yes, the last stock split was on Apr 20, 2018 with a ratio of 2683:2665. This was a forward split: Each share became 1.01 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
2012 236,783,200 0%
2013 236,783,200 0%
2014 236,783,200 0%
2015 236,783,200 0%
2016 236,783,200 0%
2017 236,783,200 0%
2018 236,783,200 0%
2019 236,783,200 0%
2020 236,783,200 0%
2021 236,783,200 0%
2022 236,783,200 0%
2023 237,820,300 +0.44%
2024 240,514,000 +1.13%
2025 240,478,300 -0.01%

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: 2026-09-05 02:37 UTC