NOV Raises Quarterly Dividend by 20%

Dow Jones

02/20

By Colin Kellaher

NOV's board has raised the company's quarterly dividend by 20%, to 9 cents from 7.5 cents.

The new payout, equal to 36 cents a year, represents an annual yield of about 1.78% based on Thursday's closing price of $20.24, up from 1.48%.

The Houston provider of equipment and technology to the energy industry on Friday said the increased dividend is payable March 27 to shareholders of record March 13.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 20, 2026 07:17 ET (12:17 GMT)

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