NOV Inc.
NOVEnergy · Stock · quarterly payer
Forward Yield
1.78%
Annual Dividend
$0.36
Payout Ratio
156%
5-Yr Growth
8.4%
Ex-Date
Sep 11, 2026
Frequency
Quarterly
Summary
As of September 2026, NOV Inc. (NOV) yields 1.78% ($0.36 per share annually), with a blended fair-value estimate of $23.55 — +17% upside, so it screens as undervalued. Dividend safety grade: C (62/100). 2 years of dividend growth.
Is NOV a good dividend stock?
Yes, with caveatsNOV Inc. (NOV) pays a quarterly dividend yielding 1.78% ($0.36/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 8.4% 5-yr dividend growth
- 43% total price return over 5 years
Risks
- Cut its dividend in 2016
- Elevated payout ratio (156%)
Key Data
- Dividend Yield
- 1.78%
- Payout Ratio
- 156%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- 8.4%
- Ex-Dividend Date
- Sep 11, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- $7.2B
- P/E Ratio
- 75.2
- 5-Yr Total Return
- 43%
- 52-Week Range
- $12.29 – $21.93
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2016)
Frequently Asked Questions
NOV Price — Last 12 Months
Daily close
Price Return
1 Year
+37%
3 Years
+1%
5 Years
+43%
52-Week Range
$12.29 – $21.93
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NOV worth?
Undervaluedlow confidenceOur blended fair-value estimate for NOV Inc. is $23.55 per share, versus a market price of $20.07. That implies 17% of upside — a margin of safety of about 15%.
Fair Value
$23.55
Current Price
$20.07
Upside
+17%
Margin of Safety
15%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.7% annual free-cash-flow growth. We model 13.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.0% discount rate (CAPM), 13.8% stage-1 growth, 2.5% terminal growth, $0.27 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NOV Dividend Safety Score
Borderline
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
Dividend History
Full NOV dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 11, 2026 | — | $0.0900 | regular |
| Jun 12, 2026 | — | $0.0900 | regular |
| Jun 1, 2026 | — | $0.0900 | regular |
| Mar 13, 2026 | — | $0.0900 | regular |
| Dec 5, 2025 | — | $0.0750 | regular |
| Sep 12, 2025 | — | $0.0750 | regular |
| Jun 13, 2025 | — | $0.0750 | regular |
| Jun 2, 2025 | — | $0.2100 | regular |
| Mar 14, 2025 | — | $0.0750 | regular |
| Dec 6, 2024 | — | $0.0750 | regular |
| Sep 13, 2024 | — | $0.0750 | regular |
| Jun 14, 2024 | — | $0.0750 | regular |
| Mar 13, 2024 | — | $0.0500 | regular |
| Dec 7, 2023 | — | $0.0500 | regular |
Income Calculator
At $0.36 / yr per share
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