Dividend Details for NOV Inc: Key Information Ahead of the Jun 13, 2025 Ex-Dividend Date

CashCowMonday, Jun 9, 2025 10:45 pm ET
1min read
NOV Inc. has announced its latest dividend details, with an ex-dividend date set for Jun 13, 2025, and a dividend payment date of Jun 27, 2025, at a rate of $0.075 per share. The announcement was made on May 20, 2025. Notably, the average of the last 10 dividends per share stands at $0.156, which is higher than the current payout. In the previous quarter, on Mar 28, 2025, the company also issued a dividend of $0.075 per share. The most recent dividends have been categorized as cash dividends.

Recently, has been the subject of significant market attention. As of late, the company declared a supplemental cash dividend, set to be paid on Jun 13, 2025, underscoring its commitment to shareholder returns. This announcement aligns with the company's strategic financial management, which has seen mixed results in recent earnings reports. Over the past week, analysts have observed that NOV's earnings per share (EPS) have missed expectations, causing a dip in investor sentiment. Nevertheless, the firm's financial health remains robust, supported by a commendable debt-to-equity ratio and a stable gross margin, as reported by industry analysts.

In addition, Inc.'s market dynamics have been influenced by recent executive changes. The company announced these adjustments with the aim of enhancing its strategic direction and operational efficiency. Over the past week, analysts have indicated that these changes might bolster investor confidence and potentially impact the company’s stock performance positively. Furthermore, NOV's performance in the oil and gas sector has been closely monitored, with recent reports highlighting its efforts to expand into renewable energy markets, which may drive future growth.

As of late, the company has also been navigating challenges in profit margins, which, although currently lower than last year's figures, are expected to stabilize with ongoing strategic initiatives. The stock has experienced fluctuations, but recent industry insights suggest that NOV is trading below its estimated fair value, presenting potential opportunities for investors.

In conclusion, NOV Inc. continues to engage with the market through strategic dividend announcements and operational adjustments. Investors should be aware that the ex-dividend date of Jun 13, 2025, marks the deadline for purchasing shares to be eligible for the upcoming dividend, as any acquisitions made after this date will not qualify for the current dividend payout.