NOV Declares Regular Quarterly Dividend and Supplemental Dividend
NOV (NYSE:NOV) declared a regular quarterly cash dividend of $0.09 per share, payable June 26, 2026, to shareholders of record on June 12, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
NOV (NYSE:NOV) declared a regular quarterly cash dividend of $0.09 per share, payable June 26, 2026, to shareholders of record on June 12, 2026.
The Board also approved a supplemental $0.09 per share dividend under NOV’s 2025 return of capital plan, payable June 12, 2026 to holders of record on June 1, 2026.
Positive
- Regular quarterly dividend of $0.09 per share declared
- Supplemental $0.09 per share dividend under 2025 return of capital plan
- Two near-term dividend payment dates in June 2026
Negative
- Additional cash outflow from supplemental dividend payment
Details
News Market Reaction – NOV
On May 21, the day this news came out, NOV closed 1.37% below the previous close.
Data tracked by StockTitan Argus for the May 21 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HOUSTON, May 21, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of
NOV also announced today that its Board of Directors declared a supplemental cash dividend of
About NOV
NOV delivers technology-driven solutions to empower the global energy industry. For more than 160 years, NOV has pioneered innovations that enable its customers to safely and efficiently produce abundant energy while minimizing environmental impact. NOV powers the industry that powers the world.
Cautionary Statement for the Purpose of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995
Statements made in this press release that are forward-looking in nature are intended to be “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 and may involve risks and uncertainties. These statements may differ materially from the actual future events or results. Readers are referred to documents filed by NOV with the Securities and Exchange Commission, including the Annual Report on Form 10-K, which identify significant risk factors which could cause actual results to differ from those contained in the forward-looking statements. These statements speak only as of the date of this document, and we undertake no obligation to update or revise the statements, except as may be required by law.
Visit www.nov.com for more information.
Source: NOV Inc.
CONTACT:
Amie D’Ambrosio
Director, Investor Relations
(713) 375-3826
amie.dambrosio@nov.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.