PEN Dividend History & Analysis | 7.8% Yield

PEN has a dividend yield of 7.8% and paid 1.89 NOK per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 7.83%
Payout Ratio 87.6%
Growth Rate CAGR 5y 26.4%
Consistency Lifetime 100%
Yield on Cost 5y 12.1%
Payout FCF -
Streak Years 3
Dividend Rating 82.7%
Chowder Number yield + growth 34.2% meets 12% target for healthy growth
Yield vs Average 5y +11.1% avg 7.05% vs now 7.83%
Debt / EBITDA leverage -
Income per 10k invested 783 NOK per year
Dividends Cash Amount per Share Yearly PEN annual dividends paid per share, showing the total cash Panoro Energy ASA distributed to shareholders each year.
Dividend Growth Year over Year PEN year-over-year dividend growth rate, showing how Panoro Energy ASA's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History PEN dividend yield history versus share price over the past 5 years, showing how Panoro Energy ASA's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Oil & Gas Exploration & Production

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
VAR OL
Var Energi ASA
14,119 M 12.27% 32.31%
DNO OL
Dno ASA
1,975 M 9.00% 27.76%
KRP NYSE
Kimbell Royalty
1,915 M 11.02% 21.84%
BSM NYSE
Black Stone Minerals
3,166 M 8.83% 18.82%
VTS NYSE
Vitesse Energy
767 M 10.03% 15.13%
AKRBP OL
Aker BP ASA
24,697 M 8.54% 16.10%
CNQ NYSE
Canadian Natural Resources
104,724 M 5.47% 17.79%
NOG NYSE
Northern Oil & Gas
2,832 M 7.64% 13.26%
VNOM NASDAQ
Viper Energy Ut
23,721 M 5.78% 16.75%
PEN OL
Panoro Energy ASA
477 M 7.83% 12.14%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MTDR NYSE
Matador Resources
7,626 M 52.30% 91.7%
NOG NYSE
Northern Oil & Gas
2,832 M 37.81% 100.0%
PEN OL
Panoro Energy ASA
477 M 26.35% 100.0%
CRC NYSE
California Resources
4,996 M 21.73% 100.0%
SM NYSE
SM Energy
9,062 M 20.43% 91.7%
TPL NYSE
Texas Pacific Land
25,459 M 17.97% 60.8%
DNO OL
Dno ASA
1,975 M 15.17% 100.0%
WKC NYSE
World Kinect
1,814 M 14.29% 100.0%
VET NYSE
Vermilion Energy
1,928 M 13.25% 100.0%
MUR NYSE
Murphy Oil
5,519 M 13.72% 91.7%

PEN Dividend History

Dividend Monthly Return EX date, 3.5 years of data

Jan - -
Feb 0.58% 29
Mar 1.31% 75
Apr - -
May - -
Jun 1.57% 100
Jul - -
Aug 0.73% 25
Sep 0.90% 58
Oct - -
Nov 1.23% 29
Dec 0.97% 58

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

Last 15 Payments (NOK) as of September 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-02 2026-09-21 Special 0.374 0% 1.24%
2026-06-01 2026-06-10 Special 0.374 -15% 1.17%
2026-02-27 2026-03-10 Special 0.44 -37.6% 1.74%
2025-11-28 2025-12-10 Special 0.705 0% 3.69%
2025-08-28 2025-09-08 Special 0.705 +3.1% 2.93%
2025-06-02 2025-06-10 Special 0.684 0% 2.83%
2025-03-05 2025-03-12 Special 0.684 +60.2% 2.75%
2024-12-03 2024-12-10 Special 0.427 0% 1.61%
2024-09-04 2024-09-13 Special 0.427 0% 1.57%
2024-06-04 2024-06-13 Special 0.427 0% 1.23%
2024-03-08 2024-03-21 Special 0.427 +24.9% 1.61%
2023-12-07 2023-12-15 Quarterly 0.342 0% 1.29%
2023-09-12 2023-09-20 Quarterly 0.342 +28.7% 1.13%
2023-06-02 2023-06-12 Quarterly 0.2658 +0.7% 1.04%
2023-03-08 2023-03-16 Final 0.2639 0% 0.89%

PEN Dividend FAQ

What is the Dividend Yield of PEN?

As of September 2026, PEN's dividend yield is 7.83%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.89 NOK by the current share price of 31.80.

Does PEN pay a dividend?

As of September 2026, PEN paid a dividend of 1.89 NOK in the last 12 months. The last dividend was paid on 2026-09-02 and the payout was 0.374 NOK.

How often does PEN pay dividends?

PEN pays dividends quarterly. Over the last 12 months, PEN has issued 4 dividend payments. The last dividend payment was made on 2026-09-02.

PEN dividend forecast

Based on historical data, the forecasted dividends per share for PEN for the next payments are between 0.593 (+58.6%) and 0.636 (+70.1%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 7.85%.

Will PEN pay dividends in 2026?

The latest dividend paid per share was 0.374 NOK with an Ex-Dividend Date of 2026-09-02. The next Ex-Dividend date for Panoro Energy ASA (PEN) is currently unknown.

What is the next Ex-Dividend Date for PEN?

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

What is the Dividend Growth of PEN?

PEN's average dividend growth rate over the past 5 years is 26.4% per year. Strong growth: PEN's dividend growth is outpacing inflation.

What is the Yield on Cost of PEN?

PEN's 5-Year Yield on Cost is 12.1%. If you bought PEN's shares at 15.59 NOK five years ago, your current annual dividend income (1.89 NOK per share, trailing 12 months) equals 12.1% of your original purchase price.

What is the Payout Consistency of PEN?

PEN 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: Panoro Energy ASA has a strong track record of consistent dividend payments over its lifetime.

Does PEN have a good Dividend Yield?

PEN's 7.83% 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 PEN?

The Dividend Payout Ratio of PEN is 87.6%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of PEN?

PEN's Overall Dividend Rating is 82.72%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PEN Outstanding Shares Analysis

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

Panoro Energy ASA's outstanding shares have decreased by approximately 4.05% annually over the past 3 years (Trend Reliability: -30.3%). 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 PEN ever had a Stock Split?

Yes, the last stock split was on May 30, 2016 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
2009 5,952,500 0%
2010 15,039,000 +152.65%
2011 24,334,000 +61.81%
2012 24,254,000 -0.33%
2013 24,254,000 0%
2014 23,494,000 -3.13%
2015 68,800,000 +192.84%
2016 42,695,000 -37.94%
2017 41,690,000 -2.35%
2018 51,381,000 +23.25%
2019 67,869,000 +32.09%
2020 69,252,000 +2.04%
2021 115,371,000 +66.6%
2022 121,271,000 +5.11%
2023 113,525,000 -6.39%
2024 120,178,000 +5.86%
2025 101,966,700 -15.15%

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: 2026-09-17 20:44 UTC