Does Oceaneering International (OII) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Oceaneering International (OII) pays little or no dividend; like many growth-oriented companies it reinvests cash rather than paying income. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Oceaneering International (OII) pay a dividend?
Oceaneering International (OII) currently returns little or nothing as a dividend. Oceaneering trades at roughly a low-teens trailing P/E and an EV/EBITDA in the high single digits, below the average of its subsea-services peer group, reflecting the market's caution about the durability of the offshore cycle. Full-year 2026 net income is broadly expected in the range of roughly $178 million to $203 million, and the company holds close to $689 million of cash, a much stronger balance sheet than in prior downturns. The valuation prices in cyclical exposure rather than secular growth, so the multiple can compress or expand quickly with oil prices and ROV utilization.
How to think about OII's dividend
- Yield is a snapshot: minimal today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like OII.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the OII dividend
Oceaneering International (OII) is not an income stock; if you own it, it is for growth or total return, not the dividend. For the full picture see the OII guide. Walnut can show how OII fits your real portfolio. It is not an investment adviser.
Build a basket around OII with Walnut
Use Oceaneering International as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Oceaneering International (OII) pay a dividend?
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Oceaneering International (OII) pays little or no dividend; like many growth-stage companies it tends to reinvest cash rather than return it as income. Verify the current policy on OII's investor relations page.
What is OII's dividend yield?
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OII's yield is minimal or zero. Companies prioritizing growth often pay no dividend and return cash through buybacks instead, if at all.
How often does OII pay its dividend?
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US companies that pay dividends, like Oceaneering International if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on OII's investor relations page before relying on the timing.
Can I reinvest OII dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any OII dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is OII a good dividend stock?
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Walnut is informational, not investment advice. OII is a growth or total-return name rather than an income stock. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does Oceaneering pay a dividend?
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Oceaneering historically suspended its dividend during the offshore downturn and has since prioritized reinvestment, debt management, and share repurchases over a large payout. Investors focused on income should confirm the company's current capital-return policy from its latest filings and investor materials, as it can change with the cycle.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with OII's investor relations page or your broker.