Last dividend date: Jun 13, 2025
Dividend yield: 3.73%
Payout ratio: 34%
National Oilwell Varco's last dividend payment of $0.075 per share was made to shareholders on record before Jun 13, 2025. The dividend payment stands at $0.51 per share annually, which equates to a dividend yield of 3.73%. The latest NOV stock dividend of $0.075 is a decrease from the previous $0.21 distribution, representing a change of -64%.
NOV dividend stats
vs. Energy sector
National Oilwell Varco Dividend yield
National Oilwell Varco's dividend yield of 3.73% is above the industry average but below the Energy sector average. Compared to its Energy sector average of 4.59%, National Oilwell Varco's dividend yield is 19% lower. Historically NOV's dividend yield has averaged at 1.5% in the last 5 years, which is below the current yield.
NOV Dividend history
National Oilwell Varco has been paying dividends for the last 16 years. According to our records NOV has issued five dividends in the last twelve months. The annualized DPS marks an increase of 127% since one year ago. And with the stock price down by 22% from a year ago, the dividend yield marks an increase of 190%.
National Oilwell Varco Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 13, 2025 | $0.075 | 3.73% |
| Jun 2, 2025 | $0.21 | 3.64% |
| Mar 14, 2025 | $0.075 | 2.1% |
| Dec 6, 2024 | $0.075 | 1.84% |
| Sep 13, 2024 | $0.075 | 1.58% |
| Jun 14, 2024 | $0.075 | 1.29% |
| Mar 13, 2024 | $0.05 | 1.08% |
| Dec 7, 2023 | $0.05 | 1.08% |
| Sep 14, 2023 | $0.05 | 0.96% |
| Jun 15, 2023 | $0.05 | 1.26% |
| Mar 16, 2023 | $0.05 | 1.1% |
| Dec 8, 2022 | $0.05 | 0.98% |
| Sep 15, 2022 | $0.05 | 1.14% |
| Jun 9, 2022 | $0.05 | 0.73% |
| Mar 10, 2022 | $0.05 | 0.46% |
| Dec 2, 2021 | $0.05 | 0.41% |
| Mar 12, 2020 | $0.05 | 2.3% |
| Dec 5, 2019 | $0.05 | 0.89% |
| Sep 12, 2019 | $0.05 | 0.87% |
| Jun 13, 2019 | $0.05 | 0.97% |
| Mar 14, 2019 | $0.05 | 0.74% |
| Dec 6, 2018 | $0.05 | 0.66% |
| Sep 13, 2018 | $0.05 | 0.45% |
| Jun 14, 2018 | $0.05 | 0.47% |
| Mar 15, 2018 | $0.05 | 0.55% |
| Dec 7, 2017 | $0.05 | 0.62% |
| Sep 14, 2017 | $0.05 | 0.59% |
| Jun 14, 2017 | $0.05 | 0.61% |
| Mar 15, 2017 | $0.05 | 0.51% |
| Nov 30, 2016 | $0.05 | 1.63% |
| Sep 14, 2016 | $0.05 | 3.16% |
| Jun 8, 2016 | $0.05 | 3.87% |
| Mar 9, 2016 | $0.46 | 5.86% |
| Dec 2, 2015 | $0.46 | 4.96% |
| Sep 9, 2015 | $0.46 | 4.74% |
| Jun 10, 2015 | $0.46 | 3.74% |
| Mar 11, 2015 | $0.46 | 3.67% |
National Oilwell Varco dividend payout ratio
Payout ratio
National Oilwell Varco's payout ratio of 34% is below the Energy sector and the industry average. Compared to its Energy sector average of 60.4%, National Oilwell Varco's payout ratio is 44% lower.
Total amount of dividends paid per financial year (from cash flow)
NOV dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NOV National Oilwell Varco Inc | 3.73% | $0.51 | 34% |
| SLB Schlumberger Limited | 3.09% | $1.12 | 37.6% |
| FTI TechnipFMC plc | 0.58% | $0.2 | 10.4% |
Frequently asked questions
Does National Oilwell Varco pay a dividend?
Yes, National Oilwell Varco has paid five dividends in the last 12 months. NOV has been paying dividends since 2009.
When was NOV's last dividend?
National Oilwell Varco's last dividend ex-date was on Jun 13, 2025. The dividend amount was $0.075 per share.
How much dividend does National Oilwell Varco pay (per share)?
NOV has paid dividend of $0.51 per share in the last year.
What is National Oilwell Varco's dividend yield?
The current dividend yield of National Oilwell Varco is 3.73%.
What is National Oilwell Varco's dividend payout ratio?
The dividend payout ratio of National Oilwell Varco is 34%.
Does National Oilwell Varco pay a good dividend?
National Oilwell Varco's dividend yield is below the Energy sector average.
Special dividends are included in TTM DPS and yield.