Northern Oil and Gas (NOG) has announced its latest dividend, with an ex-dividend date set for Jun 27, 2025, and a dividend payment date scheduled for Jul 31, 2025. Shareholders will receive $0.450 per share, which is higher than the average of the last ten dividends, calculated at $0.343. The dividend type is cash dividend. The company had previously issued a dividend of the same amount, $0.450, on Apr 30, 2025, also classified as a cash dividend.
Recently,
has been the focus of several significant developments. Over the past week, shares of
Inc. have surpassed a 6% yield mark based on its quarterly dividend, which is annualized to $1.8, suggesting a robust dividend yield that might attract income-focused investors. As of late, analysts have revised their price target for Northern Oil & Gas, reducing it from $40 to $34, while maintaining a sector perform rating. This adjustment indicates a cautious outlook on the stock's near-term performance, possibly reflecting broader market conditions or company-specific factors. Since the last update, the State of Alaska Department of Revenue has increased its stake in Northern Oil and Gas by 25.3% in the first quarter. This substantial investment could signal confidence in the company's future prospects and financial health, potentially influencing investor sentiment positively.
In conclusion, Northern Oil and Gas is presenting a compelling dividend opportunity, with the ex-dividend date on Jun 27, 2025, serving as the deadline for investors to purchase shares and qualify for the upcoming dividend. Any transactions made after this date will not entitle investors to receive the dividend payout.
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