NOV Declares Regular Quarterly Dividend

Rhea-AI Summary

NOV Inc. (NYSE: NOV) Declares $0.05 Quarterly Cash Dividend

Positive

• The declaration of a regular quarterly cash dividend indicates the company's commitment to returning value to its shareholders.
• The dividend of $0.05 per share of common stock demonstrates the company's financial stability and ability to generate consistent profits.

Negative

• 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 December 22, 2023 to each stockholder of record on December 8, 2023.

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/20231115554906/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 regular quarterly cash dividend of $0.05 per share of common stock.

When is the dividend payable?

The dividend is payable on December 22, 2023.

Who is eligible to receive the dividend?

Each stockholder of record on December 8, 2023, is eligible to receive the dividend.