NOV National Oilwell Varco dividend history, payout ratio & dates
National Oilwell Varco's last dividend payment of $0.075 per share was made to shareholders on record before Sep 13, 2024. The dividend payment stands at $0.25 per share annually, which equates to a dividend yield of 1.6%.
Key dates
- NOV last dividend date: Sep 13, 2024
NOV dividend stats
vs. Energy sector
Dividend yield
National Oilwell Varco's dividend yield of 1.6% is below the Energy sector and the industry average. Compared to its Energy sector average of 4.43%, National Oilwell Varco's dividend yield is 64% lower. Historically NOV's dividend yield has averaged at 1.1% in the last 5 years, which is below the current yield.
Dividend history
National Oilwell Varco has been paying dividends for the last 15 years. According to our records NOV has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 25% since one year ago. And with the stock price down by 26% from a year ago, the dividend yield marks an increase of 68%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 9.3% is below the Energy sector and the industry average. Compared to its Energy sector average of 49.2%, National Oilwell Varco's payout ratio is 81% lower.
Total amount of dividends paid per financial year (from cash flow)
NOV dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SLB Schlumberger Limited | 2.44% | $1.08 | 34.7% |
| NOV National Oilwell Varco Inc | 1.6% | $0.25 | 9.3% |
| FTI TechnipFMC plc | 0.75% | $0.2 | 17.9% |
Frequently asked questions
Does National Oilwell Varco pay a dividend?
Yes, National Oilwell Varco has paid four 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 Sep 13, 2024. The dividend amount was $0.075 per share.
How much dividend does National Oilwell Varco pay (per share)?
NOV has paid dividend of $0.25 per share in the last year.
What is National Oilwell Varco's dividend yield?
The current dividend yield of National Oilwell Varco is 1.6%.
How often does National Oilwell Varco pay dividends?
National Oilwell Varco pays dividends quarterly.
What is National Oilwell Varco's dividend payout ratio?
The dividend payout ratio of National Oilwell Varco is 9.3%.
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. Data from 
and Sharadar.