NOV Inc. Declares $0.09 Quarterly Dividend
NOV Inc. (NYSE: NOV) has declared a quarterly dividend of $0.09 per share, consistent with its previous payout. The forward yield is 1.72%. Shareholders of record as of September 11 will receive the payment on September 25, and the stock goes ex-dividend on the same date. The company also outlined an expected EBITDA range for Q3 at $160 million to $190 million in its energy equipment segment. NOV is targeting that between 40% to 50% of its full-year 2026 EBITDA will convert into free cash flow, signaling a focus on financial efficiency and returns. The announcement comes amid ongoing discussions about the company's valuation and performance expectations.
Tickers: $NOV
Topics: dividends energy equipment