SmarterDividends
EQNR

Equinor ASA

EQNR

Energy · Oil & Gas Integrated · Stock · quarterly payer

$47.66

Overvalued · -27% Add to Portfolio

Forward Yield

3.31%

Annual Dividend

$1.56

Payout Ratio

41%

5-Yr Growth

15.5%

Ex-Date

Nov 16, 2026

Frequency

Quarterly

Key facts about EQNR's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, Equinor ASA (EQNR) has a forward dividend yield of 3.31%, based on an annual dividend of $1.56 per share and a share price of $47.66.
  • As of Oct 29, 2026, EQNR's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • EQNR last cut its regular dividend in 2025.
  • EQNR's next ex-dividend date is Nov 16, 2026, with payment on Nov 25, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 29, 2026, EQNR pays out 41% of its trailing 12-month earnings as dividends (its payout ratio).
  • EQNR's dividend has grown at an average rate of 15.5% a year over the past five years.
  • As of Oct 29, 2026, EQNR's 3.31% yield is 55% below its five-year average yield of 7.34%.
  • As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for EQNR is $34.85 per share, 27% below the $47.66 share price, so EQNR screens as overvalued.
  • Equinor ASA (EQNR) pays its dividend quarterly, 4 times a year.
  • Equinor ASA (EQNR) has raised its regular dividend 21 times and cut it 10 times across the 59 payments on record since 2002. Its most recent change was a 5.4% increase to $0.390 per share, going ex-dividend on May 15, 2026. The last cut went ex-dividend on Feb 14, 2025.
Cite this page

SmarterDividends, "EQNR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/EQNR

Summary

As of Oct 29, 2026, Equinor ASA (EQNR) yields 3.31% ($1.56 a year per share) and has a dividend safety grade of C (58/100).

Is EQNR a good dividend stock?

Yes, with caveats

Equinor ASA (EQNR) pays a quarterly dividend yielding 3.31% ($1.56/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (41%)
  • Strong 15.5% 5-yr dividend growth
  • 95% total price return over 5 years

Risks

  • Cut its dividend in 2025

Key Data

Dividend Yield
3.31%
Payout Ratio
41%
Annual Dividend
$1.56
5-Yr Avg Growth
15.5%
Ex-Dividend Date
Nov 16, 2026
Years of Growth
0
Frequency
quarterly
Beta
-0.66
Market Cap
$112.8B
P/E Ratio
9.9
5-Yr Total Return
95%
52-Week Range
$22.26 – $49.08
Dividend Safety
C · 58/100
Ever Cut?
Yes (2025)

EQNR dividend raises and cuts

Equinor ASA (EQNR) has raised its regular dividend 21 times and cut it 10 times across the 59 payments on record since 2002. Its most recent change was a 5.4% increase to $0.390 per share, going ex-dividend on May 15, 2026. The last cut went ex-dividend on Feb 14, 2025.

Ex-dateChangeOld → newMove
May 15, 2026Raise$0.370 → $0.390+5.4%
May 16, 2025Raise$0.350 → $0.370+5.7%
Feb 14, 2025Cut$0.700 → $0.350−50.0%
May 15, 2024Cut$0.900 → $0.700−22.2%
Jan 9, 2023Raise$0.700 → $0.900+28.6%
Nov 10, 2022Raise$0.400 → $0.700+75.0%
May 12, 2022Raise$0.180 → $0.400+122.2%
Nov 10, 2021Raise$0.150 → $0.180+20.0%
Aug 11, 2021Raise$0.120 → $0.150+25.0%
May 13, 2021Raise$0.110 → $0.120+9.1%
Feb 11, 2021Raise$0.0900 → $0.110+22.2%
Aug 14, 2020Cut$0.270 → $0.0900−66.7%
Show all 31 changes since 2003
Ex-dateChangeOld → newMove
May 15, 2020Raise$0.260 → $0.270+3.8%
May 17, 2019Raise$0.230 → $0.260+13.0%
May 16, 2018Raise$0.220 → $0.230+4.5%
Aug 13, 2015Cut$0.237 → $0.221−6.8%
May 19, 2015Cut$0.279 → $0.237−15.1%
Nov 13, 2014Cut$0.291 → $0.279−4.1%
Aug 14, 2014Cut$1.14 → $0.291−74.4%
May 15, 2014Cut$1.16 → $1.14−2.1%
May 17, 2013Raise$1.12 → $1.16+3.6%
May 17, 2012Raise$1.10 → $1.12+1.5%
May 20, 2011Raise$1.02 → $1.10+7.9%
May 21, 2010Cut$1.15 → $1.02−10.7%
May 20, 2009Cut$1.66 → $1.15−31.0%
May 21, 2008Raise$1.53 → $1.66+8.6%
May 11, 2007Raise$1.25 → $1.53+21.8%
May 8, 2006Raise$0.853 → $1.25+47.0%
May 9, 2005Raise$0.433 → $0.853+97.0%
May 3, 2004Raise$0.400 → $0.433+8.2%
May 6, 2003Raise$0.332 → $0.400+20.5%
Every EQNR payment →Download every raise and cut (CSV)
EQNR ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →EQNR dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is EQNR a good dividend stock?

Yes, with caveats. Equinor ASA (EQNR) pays a quarterly dividend yielding 3.31% ($1.56/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is EQNR undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EQNR's fair value is about $34.85 versus a $47.66 share price — so it looks overvalued (-27% vs. fair value).

Is EQNR's dividend safe?

EQNR has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is EQNR's fair value?

Our blended fair-value estimate for EQNR is about $34.85 per share, about 27% below the current $47.66 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EQNR a buy, hold, or sell?

We don't issue formal ratings, but on the data EQNR screens as "yes, with caveats" and overvalued. Equinor ASA (EQNR) pays a quarterly dividend yielding 3.31% ($1.56/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will EQNR cut its dividend?

EQNR earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EQNR pay a dividend?

Yes. Equinor ASA pays a quarterly dividend of about $1.56 per share annually, a forward yield of roughly 3.31%.

What is EQNR's dividend yield?

As of Oct 29, 2026, EQNR's forward dividend yield is 3.31%, based on a $1.56 annual dividend and a $47.66 share price.

What is EQNR's dividend per share?

As of Oct 29, 2026, EQNR pays $1.56 per share per year, distributed on a quarterly basis.

What is EQNR's dividend payout ratio?

As of Oct 29, 2026, EQNR's payout ratio is 41% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has EQNR grown its dividend?

EQNR does not currently have a long dividend-growth streak on record.

When is the next EQNR ex-dividend date?

As of Oct 29, 2026, the next ex-dividend date on record for EQNR is Nov 16, 2026.

EQNR Dividend News

EQNR
IncreaseEQNR·Jun 10, 2026

Equinor Raises Quarterly Dividend 5.4% to $0.39

Equinor lifts its quarterly dividend to $0.39, while a 41% earnings payout ratio and C safety grade point to adequate but limited coverage.

Income Calculator

At $1.56 / yr per share

Per payment (quarterly)$39.00
Annual$156.00
Monthly avg$13.00

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