NOV declares quarterly dividend of $0.075 per share

Published 14/08/2025, 11:40
NOV declares quarterly dividend of $0.075 per share

HOUSTON - NOV Inc. (NYSE:NOV) announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of $0.075 per share of common stock.

The dividend will be payable on September 26, 2025, to stockholders of record as of September 12, 2025, according to a press release statement from the company.

NOV, which provides technology solutions for the energy industry, has maintained this dividend level as part of its regular quarterly distribution to shareholders.

The company describes itself as delivering technology-driven solutions to the global energy industry for more than 150 years, focusing on innovations that enable customers to produce energy while minimizing environmental impact.

NOV Inc. stock trades on the New York Stock Exchange under the ticker symbol NOV. Discover more detailed insights and 6 additional exclusive ProTips about NOV through a comprehensive Pro Research Report, available with an InvestingPro subscription.

In other recent news, NOV Inc reported its second-quarter 2025 earnings, meeting analysts’ expectations with an earnings per share (EPS) of $0.29. The company also exceeded revenue forecasts, reporting $2.19 billion compared to the anticipated $2.14 billion. Despite these results, investor sentiment appeared cautious, influenced by concerns over market conditions and future guidance. Additionally, JPMorgan downgraded NOV Inc’s stock rating from Overweight to Neutral, citing a slowdown in offshore drilling activities. The investment bank also reduced its price target for the company from $17.00 to $15.00. This downgrade was attributed to macroeconomic challenges affecting NOV Inc, such as delays in deepwater investment decisions and a decrease in global drilling activity. These developments highlight the mixed outlook for NOV Inc amidst fluctuating market dynamics.

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