SmarterDividends
NOG

Northern Oil and Gas, Inc.

NOG

Energy · Stock · quarterly payer

Forward Yield

8.23%

Annual Dividend

$1.80

Payout Ratio

462%

5-Yr Growth

Ex-Date

Jun 29, 2026

Frequency

Quarterly

NOG Dividend Safety Score

57/ 100
Grade C

Borderline

Dividend-growth streak4 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage462% of earnings paid out
Balance-sheet strengthDebt/equity of 1.43
Yield vs its historyYield is 2.2× 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 NOG a good dividend stock?

Mixed

Northern Oil and Gas, Inc. (NOG) pays a quarterly dividend yielding 8.23% ($1.80/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (462%)
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.23%
Payout Ratio
462%
Annual Dividend
$1.80
5-Yr Avg Growth
Ex-Dividend Date
Jun 29, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.69
Market Cap
$2.4B
P/E Ratio
5-Yr Total Return
3%
52-Week Range
$20.18 – $32.62
Dividend Safety
C · 57/100
Ever Cut?
No
NOG ex-dividend date & scheduleNext ex-date Jun 29, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.80 / yr per share

Per payment (quarterly)$45.00
Annual$180.00
Monthly avg$15.00