Does Borr Drilling (BORR) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Borr Drilling (BORR) pays a dividend yielding about 3.92% as of July 2026, paid quarterly, four times a year. The latest payment on record was $0.0200 per share, ex-dividend March 3, 2025. The forward annual rate is roughly $0.24 per share, about $392 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.
Does Borr Drilling (BORR) pay a dividend?
Yes. Borr Drilling distributes a dividend yielding roughly 3.92% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0200 per share, with an ex-dividend date of March 3, 2025. Annualized, that is about $0.24 per share.
These figures are approximate and tied to the asOf date; verify live numbers before acting. Borr's earnings are geared to the offshore drilling cycle, so a low or high multiple can mislead: what matters most is where day rates and utilization sit relative to the cycle and how the company manages its debt. Backlog provides some visibility, but new fixtures and oil-market conditions drive the longer-term picture.
BORR dividend at a glance
| 2025-03-03 | $0.02 |
| 2024-11-29 | $0.02 |
| 2024-08-22 | $0.1 |
| 2024-08-21 | $0.1 |
| 2024-06-03 | $0.1 |
| 2024-03-01 | $0.05 |
BORR dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with BORR's investor relations page before relying on it.
Is the BORR dividend covered?
We do not have a payout ratio on record for BORR. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on BORR's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the BORR dividend has changed
The latest payment of $0.0200 per share compares with $0.10 in the equivalent payment a year earlier (June 3, 2024). We are not quoting a growth rate from those two figures, because a change that large usually means a share split or a gap in the stored history rather than a real raise.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on BORR's investor relations page.
What BORR's dividend means for you
- Income: about $392 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for BORR the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How BORR dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the BORR dividend
Borr Drilling (BORR) pays about 3.92%, or roughly $0.24 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the BORR guide. Walnut can show how BORR fits your real portfolio. It is not an investment adviser.
Investing in Borr Drilling with AI
Connect the broker you already use and ask Walnut's AI how BORR fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Borr Drilling (BORR) pay a dividend?
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Yes. Borr Drilling pays a dividend yielding roughly 3.92% as of July 2026, paid quarterly, four times a year. The most recent payment on record was $0.0200 per share with an ex-dividend date of March 3, 2025. That works out to a forward annual rate of about $0.24 per share. Yields move with the share price, so verify the current figure with your broker or BORR's investor relations page before relying on it.
What is BORR's dividend yield?
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About 3.92% as of July 2026. On a $10,000 position that is roughly $392 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so BORR yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does BORR pay its dividend?
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Borr Drilling pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of March 3, 2025. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on BORR's investor relations page, because boards can change both the amount and the timing.
When is BORR's ex-dividend date?
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The ex-dividend date recorded in our July 2026 data pull is March 3, 2025. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check BORR's investor relations page for the next confirmed date.
Has Borr Drilling raised its dividend recently?
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Not in the last year. The latest payment of $0.0200 per share is below the $0.10 paid a year earlier. A flat dividend is not necessarily a warning sign, but it does mean the income is losing ground to inflation.
Is BORR's dividend safe?
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We do not have a payout ratio on record for BORR. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on BORR's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in BORR?
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At a yield of about 3.92%, roughly $392 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are BORR dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest BORR dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each BORR payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Borr Drilling pay a dividend?
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Borr has at times paid a modest dividend, but as a cyclical, debt-heavy offshore contractor its capital returns can vary with day rates, cash flow, and refinancing needs. Any payout tends to be small relative to the stock's price swings, so income is generally not the main reason investors hold it. Always check the latest declared dividend and yield before assuming any payout.
Walnut is informational, not investment advice. Dividend figures on this page come from a July 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with BORR's investor relations page or your broker before acting on them.