NOV Declares Regular Quarterly Dividend

Rhea-AI Summary

NOV Inc. (NYSE: NOV) has announced a quarterly cash dividend of $0.05 per share, payable on September 30, 2022 to stockholders of record on September 16, 2022. This decision reflects the company's commitment to returning value to its shareholders. With over 150 years in the energy sector, NOV continues to provide technology-driven solutions aimed at minimizing environmental impact while supporting the energy transition towards sustainability.

Positive

• Quarterly cash dividend of $0.05 per share reflects commitment to shareholder value.

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• None.

HOUSTON--(BUSINESS WIRE)-- NOV Inc. (NYSE: NOV) today announced that its Board of Directors declared the regular quarterly cash dividend of $0.05 per share of common stock, payable on September 30, 2022 to each stockholder of record on September 16, 2022.

About NOV

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

Visit www.nov.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220816005909/en/

Blake McCarthy

Vice President, Corporate Development and Investor Relations

(713) 815-3535

Blake.McCarthy@nov.com

Source: NOV Inc.

FAQ

What is the dividend amount declared by NOV Inc.?

NOV Inc. has declared a quarterly cash dividend of $0.05 per share.

When will the NOV Inc. dividend be paid?

The dividend will be paid on September 30, 2022.

What is the record date for the NOV dividend?

The record date for the dividend is September 16, 2022.

How often does NOV Inc. pay dividends?

NOV Inc. typically pays dividends quarterly.

Is the NOV dividend sustainable?

The sustainability of the NOV dividend can be assessed based on the company's financial performance and cash flow.