VAR Dividend History & Analysis | 13.3% Yield

VAR has a dividend yield of 13.3% and paid 4.75 NOK per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 13.25%
Payout Ratio 15.7%
Growth Rate CAGR 5y 2.5%
Consistency Lifetime 100%
Yield on Cost 5y 30.6%
Payout FCF 70.7%
Streak Years 4
Dividend Rating 73%
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
BNOR 1,458 M 46.65% 253.61%
DMLP 1,289 M 9.91% 26.88%
MNR 2,212 M 13.70% 14.69%
DNO 1,785 M 9.46% 22.72%
KRP 1,645 M 10.57% 20.41%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MTDR 6,712 M 60.79% 100.0%
NOG 2,171 M 51.34% 100.0%
PEN 401 M 35.93% 100.0%
AESI 2,120 M 34.45% 98.7%
CRC 5,204 M 23.30% 100.0%
Quality Dividend Peers in Oil & Gas Exploration & Production APA APA
4.10% Yield
VAR Dividend History: Last 17 Payments (NOK) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-03 2026-06-12 Quarterly 1.11 -8.2% 2.352%
2026-02-03 2026-02-12 Quarterly 1.209 -0.2% 3.638%
2025-11-17 2025-11-25 Quarterly 1.211 -0.9% 3.576%
2025-08-18 2025-08-26 Quarterly 1.222 -1.8% 3.68%
2025-04-29 2025-05-08 Quarterly 1.245 +2.6% 4.309%
2025-02-17 2025-02-25 Quarterly 1.213 +2.8% 3.578%
2024-10-28 2024-11-05 Quarterly 1.18 -0.3% 3.492%
2024-07-29 2024-08-06 Quarterly 1.184 -0.7% 3.407%
2024-04-29 2024-05-08 Quarterly 1.192 +4.9% 3.268%
2024-02-19 2024-02-27 Quarterly 1.136 -5.6% 3.627%
2023-11-03 2023-11-16 Quarterly 1.204 +10.4% 3.224%
2023-08-04 2023-08-14 Quarterly 1.091 -5% 3.629%
2023-05-03 2023-05-10 Quarterly 1.148 -6.4% 4.395%
2023-02-24 2023-03-03 Quarterly 1.226 +0.1% 4.267%
2022-11-02 2022-11-09 Quarterly 1.225 +19.5% 3.47%
2022-08-04 2022-08-11 Quarterly 1.025 +23.9% 2.71%
2022-05-05 2022-05-12 Quarterly 0.827 0% 1.969%

VAR Dividend FAQ

What is the Dividend Yield of VAR?

As of June 2026, VAR's dividend yield is 13.25%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.75 NOK by the current share price of 43.31.

Does VAR pay a dividend?

As of June 2026, VAR paid a dividend of 4.75 NOK in the last 12 months. The last dividend was paid on 2026-06-03 and the payout was 1.11 NOK.

How often does VAR pay dividends?

VAR pays dividends quarterly. Over the last 12 months, VAR has issued 4 dividend payments. The last dividend payment was made on 2026-06-03.

VAR dividend forecast

Based on historical data, the forecasted dividends per share for VAR for the next payments are between 1.25 (+12.6%) and 1.315 (+18.5%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 5.92%.

Will VAR pay dividends in 2026?

The latest dividend paid per share was 1.11 NOK with an Ex-Dividend Date of 2026-06-03. The next Ex-Dividend date for Var Energi ASA (VAR) is currently unknown.

What is the next Ex-Dividend Date for VAR?

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

What is the Dividend Growth of VAR?

VAR's average dividend growth rate over the past 5 years is 2.53% per year. Strong growth: VAR's dividend growth is outpacing inflation.

What is the Yield on Cost of VAR?

VAR's 5-Year Yield on Cost is 30.6%. If you bought VAR's shares at 15.53 NOK five years ago, your current annual dividend income (4.75 NOK per share, trailing 12 months) equals 30.6% of your original purchase price.

What is the Payout Consistency of VAR?

VAR 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: Var Energi ASA has a strong track record of consistent dividend payments over its lifetime.

Does VAR have a good Dividend Yield?

VAR's 13.25% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of VAR?

The Dividend Payout Ratio of VAR is 15.7%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of VAR?

VAR's Overall Dividend Rating is 72.99%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

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

Var Energi ASA's outstanding shares have increased by approximately 0.79% annually over the past 3 years (Trend Reliability: 11.9%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has VAR ever had a Stock Split?

Yes, the last stock split was on Feb 15, 2023 with a ratio of 11:10. This was a forward split: Each share became 1.1 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
2020 2,504,730,000 0%
2021 2,496,406,200 -0.33%
2022 2,496,406,000 -0%
2023 2,496,000,000 -0.02%
2024 2,496,000,000 0%
2025 2,496,406,300 +0.02%

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: 2026-06-17 20:33 UTC