NOV Inc. (NOV) To Go Ex-Dividend on June 12th

Posted by Tristan Rich on May 23rd, 2026

NOV Inc. (NYSE:NOV – Get Free Report) announced a special dividend on Thursday, May 21st. Investors of record on Friday, June 12th will be paid a dividend of 0.09 per share by the oil and gas exploration company on Friday, June 26th. This represents a yield of 173.0%. The ex-dividend date of this dividend is Friday, June 12th.

NOV has increased its dividend payment by an average of 0.6%per year over the last three years and has increased its dividend every year for the last 1 years. NOV has a payout ratio of 26.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect NOV to earn $1.30 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 27.7%.

NOV Price Performance

Shares of NOV stock opened at $20.81 on Friday. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 86.71 and a beta of 0.92. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.66 and a current ratio of 2.47. The stock has a 50 day moving average price of $19.62 and a 200-day moving average price of $18.07. NOV has a one year low of $11.65 and a one year high of $21.38.

NOV (NYSE:NOV – Get Free Report) last announced its earnings results on Tuesday, April 28th. The oil and gas exploration company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.12). NOV had a return on equity of 3.34% and a net margin of 1.05%.The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the firm posted $0.19 EPS. NOV’s revenue for the quarter was down 2.4% compared to the same quarter last year. Equities analysts expect that NOV will post 0.91 EPS for the current year.

NOV Company Profile

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National Oilwell Varco (NYSE: NOV) is a leading provider of equipment and technology to the oil and gas industry. The company designs, manufactures and services an extensive portfolio of products used in drilling, completion and production operations. Its offerings include drilling rigs and related components, wellbore technologies such as tubulars and completion tools, surface equipment including mud pumps and blowout preventers, and aftermarket parts and services that support ongoing field operations.

NOV’s business is organized to serve upstream energy companies around the world.