Equinor ASA: A Steady Stream of Cash Dividends in NOK for Q3 2024

Equinor ASA, the Norwegian energy company, has announced its cash dividend per share in NOK for the third quarter of 2024. The company has declared an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share. The NOK cash dividend per share is based on the average USD/NOK fixing rate from Norges Bank in the period plus/minus three business days from the record date, totaling seven business days. The average Norges Bank fixing rate for this period was 11.1820. Consequently, the total cash dividend for the third quarter 2024 of USD 0.70 per share is NOK 7.8274 per share.



Equinor's dividend policy is to grow the annual cash dividend, measured in USD per share, in line with long-term underlying earnings. The company announces dividends on a quarterly basis and, in addition to cash dividends, intends to buy back shares as part of the total distribution of capital to shareholders. This commitment to shareholder value is evident in the company's consistent dividend growth and capital distribution strategy.

The announced cash dividend per share in NOK for Equinor ASA in the third quarter of 2024 aligns with the company's dividend policy and long-term dividend growth objectives. The dividend per share has increased from the previous quarter, demonstrating the company's commitment to growing the annual cash dividend in line with long-term underlying earnings. Furthermore, the dividend policy emphasizes the company's intention to distribute capital to shareholders through both cash dividends and share buybacks, which is consistent with the announced capital distribution for 2024.



In conclusion, Equinor ASA's announcement of a cash dividend per share in NOK for the third quarter of 2024 is a testament to the company's commitment to shareholder value and long-term dividend growth. The company's dividend policy and consistent capital distribution strategy have contributed to its success in the energy sector and have positioned it well for future growth. As an investor, you can be confident in Equinor ASA's ability to deliver steady cash dividends and create value for shareholders.