SmarterDividends
NOA

North American Construction Group Ltd.

NOA

Energy · Stock · quarterly payer

Forward Yield

2.45%

Annual Dividend

$0.35

Payout Ratio

43%

5-Yr Growth

23.3%

Ex-Date

Jun 3, 2026

Frequency

Quarterly

NOA Dividend Safety Score

58/ 100
Grade C

Borderline

Dividend-growth streak6 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage43% of earnings paid out
Free-cash-flow coverage34% of free cash flow
Balance-sheet strengthDebt/equity of 2.02
Yield vs its historyYield is 1.8× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NOA a good dividend stock?

Yes, with caveats

North American Construction Group Ltd. (NOA) pays a quarterly dividend yielding 2.45% ($0.35/yr), with 7 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 (43%)
  • Strong 23.3% 5-yr dividend growth

Risks

  • Cut its dividend in 2018
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.45%
Payout Ratio
43%
Annual Dividend
$0.35
5-Yr Avg Growth
23.3%
Ex-Dividend Date
Jun 3, 2026
Years of Growth
7
Frequency
quarterly
Beta
Market Cap
$383.8M
P/E Ratio
17.5
5-Yr Total Return
-8%
52-Week Range
$12.07 – $18.24
Dividend Safety
C · 58/100
Ever Cut?
Yes (2018)
NOA ex-dividend date & scheduleNext ex-date Jun 3, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.35 / yr per share

Per payment (quarterly)$8.75
Annual$35.00
Monthly avg$2.92