National Oilwell Varco cuts dividend by 89.1% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Nov Inc	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Nov Inc	NOV	N/A	N/A	N/A	N/A
N/A	N/A	N/A	N/A	N/A	N/A

National Oilwell Varco cuts dividend by 89.1%

Monday 11 April 2016

National Oilwell Varco (NAV) will cut its quarterly dividend by 89.1 percent to $0.05 per share in 2016. This follows a dividend hike of 96.3 percent by the company two years ago in 2014.

National Oilwell Varco, Inc. is an independent provider of equipment and technology to the upstream oil and gas industry. The company serves major-diversified, national, and independent service companies; contractors; and oil and gas operators around the world. The company operates under three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. National Oilwell Varco has been paying a quarterly dividend every year since 2009.

Nov Inc

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