Does NOV Inc (NOV) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Yes. NOV Inc (NOV) pays a dividend yielding about 1.69% as of September 2026, paid quarterly, four times a year. The latest payment on record was $0.0900 per share, ex-dividend June 12, 2026. The forward annual rate is roughly $0.36 per share, about $169 a year on a $10,000 position before tax. Figures are approximate and dated; verify the current number with your broker.

Does NOV Inc (NOV) pay a dividend?

Yes. NOV Inc distributes a dividend yielding roughly 1.69% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.0900 per share, with an ex-dividend date of June 12, 2026. Annualized, that is about $0.36 per share.

NOV's full-year 2025 revenue of roughly $8.74 billion was down about 1% year over year, a resilient outcome against a 7% drop in global drilling activity, driven by offshore capital-equipment strength in the Energy Equipment segment. The unusually high trailing P/E of roughly 70x to 75x reflects a low denominator, with 2025 net income of only $145 million (~$0.39 per diluted share), so the forward multiple near 18x and cash-flow metrics are more informative than trailing earnings. Q1 2026 was soft, with EPS of $0.05 missing consensus of $0.16 amid Middle East disruptions, and management guided 2026 to slightly lower revenue with EBITDA in line to modestly below 2025.

NOV dividend at a glance

Dividend yield
1.69%
Annual rate / share
$0.36
Payout ratio
155.56%
Ex-dividend date
2026-09-11
Recent payments per share
2026-06-12$0.09
2026-06-01$0.09
2026-03-13$0.09
2025-12-05$0.075
2025-09-12$0.075
2025-06-13$0.075

NOV dividend data as of September 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with NOV's investor relations page before relying on it.

Is the NOV dividend covered?

NOV Inc paid out about 156% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for NOV is whether the cash-flow measure covers the payout, not the earnings-based ratio.

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 NOV dividend has changed

The latest payment of $0.0900 per share compares with $0.0750 in the equivalent payment a year earlier (September 12, 2025). That is a change of 20.0% over the year.

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 NOV's investor relations page.

What NOV's dividend means for you

  • Income: about $169 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 NOV 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 NOV 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 NOV dividend

NOV Inc (NOV) pays about 1.69%, or roughly $0.36 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the NOV guide. Walnut can show how NOV fits your real portfolio. It is not an investment adviser.

Investing in NOV Inc with AI

Connect the broker you already use and ask Walnut's AI how NOV 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 NOV Inc (NOV) pay a dividend?

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Yes. NOV Inc pays a dividend yielding roughly 1.69% as of September 2026, paid quarterly, four times a year. The most recent payment on record was $0.0900 per share with an ex-dividend date of June 12, 2026. That works out to a forward annual rate of about $0.36 per share. Yields move with the share price, so verify the current figure with your broker or NOV's investor relations page before relying on it.

What is NOV's dividend yield?

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About 1.69% as of September 2026. On a $10,000 position that is roughly $169 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so NOV 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 NOV pay its dividend?

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NOV Inc pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 12, 2026. 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 NOV's investor relations page, because boards can change both the amount and the timing.

When is NOV's ex-dividend date?

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The ex-dividend date recorded in our September 2026 data pull is September 11, 2026. 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 NOV's investor relations page for the next confirmed date.

How much is NOV's dividend per share?

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$0.0900 per share in the most recent payment (ex-date June 12, 2026), which annualizes to about $0.36 per share. The equivalent payment a year earlier was $0.0750. That is a change of 20.0% year over year.

Has NOV Inc raised its dividend recently?

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Yes. The latest payment of $0.0900 per share is above the $0.0750 paid in the same slot a year earlier, an increase of about 20.0%. One raise is not a policy, though: check the multi-year record on NOV's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.

Is NOV's dividend safe?

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NOV Inc paid out about 156% of reported net income as dividends, which means the dividend was larger than accounting earnings over the period. That sounds alarming and sometimes is, but it is normal and expected for REITs, BDCs, and companies carrying large non-cash charges such as amortization, because those businesses are judged on cash measures (FFO, AFFO, or distributable net investment income) rather than GAAP net income. The useful check for NOV is whether the cash-flow measure covers the payout, not the earnings-based ratio. 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 NOV?

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At a yield of about 1.69%, roughly $169 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 NOV 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 NOV dividends?

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Most brokers offer automatic reinvestment (a DRIP) that puts each NOV 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 NOV pay a dividend?

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Yes. NOV pays a quarterly cash dividend, with an indicated annual rate around $0.36 per share and a yield near 2% at recent prices. The company paid about $190 million in dividends in 2025 as part of $505 million in total capital returned to shareholders through dividends and buybacks. Because the business is cyclical, the dividend has varied over time and depends on cash flow through the drilling cycle.

Walnut is informational, not investment advice. Dividend figures on this page come from a September 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with NOV's investor relations page or your broker before acting on them.

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