NOV Inc. (NYSE: NOV) increased its regular quarterly cash dividend by 20%, raising the payment from $0.08 to $0.09 per share. The dividend will be paid on March 27 2026 to shareholders of record as of March 13 2026.
The dividend has been paid for 17 consecutive years and has been increased for three consecutive years, underscoring management’s confidence in the company’s cash‑flow generation and its commitment to returning value to investors.
In its most recent earnings release, NOV reported fourth‑quarter 2025 revenue of $2.28 billion, a beat on analyst expectations, but earnings per share of $0.02 fell short of the $0.25 forecast. The miss was driven by higher taxes and asset‑impairment charges that weighed on profitability.
The company’s payout ratio is reported at 50.13%, but a separate source cites a 131.03% ratio, indicating uncertainty about dividend sustainability. The new dividend yields a 1.48% to 1.8% yield, reflecting the company’s effort to balance shareholder returns with a strong balance sheet.
Investors responded positively to the dividend increase, though concerns about the earnings miss and the payout‑ratio discrepancy remain. The move signals NOV’s intent to reward shareholders while maintaining financial flexibility.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.