Noble (NE) Dividend Payout Ratio : 0.86 (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Noble Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Noble's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.86.

The historical rank and industry rank for Noble's Dividend Payout Ratio or its related term are showing as below:

NE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.19 Med: 0.19 Max: 0.65
Current: 0.65

During the past 4 years, the highest Dividend Payout Ratio of Noble was 0.65. The lowest was 0.19. And the median was 0.19.

NE's Dividend Payout Ratio is ranked worse than
57.33% of 450 companies
in the Oil & Gas industry
Industry Median: 0.52 vs NE: 0.65

As of today (2024-12-12), the Dividend Yield % of Noble is 5.60%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Noble was 5.65%. The lowest was 0.60%. And the median was 2.38%.

Noble's Dividends per Share for the months ended in Sep. 2024 was $0.50.

During the past 12 months, Noble's average Dividends Per Share Growth Rate was 466.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Noble Dividend Payout Ratio Historical Data

The historical data trend for Noble's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noble Dividend Payout Ratio Chart

Noble Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.19

Noble Quarterly Data
	Dec20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial								0.35	0.46	0.89	0.56	0.86

Competitive Comparison of Noble's Dividend Payout Ratio

For the Oil & Gas Drilling subindustry, Noble's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Noble's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Noble's Dividend Payout Ratio falls into.

Noble Dividend Payout Ratio Calculation

Noble's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.7	/	3.722
	=	0.19

Noble's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.5	/	0.58
	=	0.86

Noble (NYSE:NE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Noble Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Noble's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Noble Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (NYSE:NE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NOBLE:Denmark 85V1:Germany

Address

13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478

Website

https://www.noblecorp.com

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.

Executives

Joey M Kawaja	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Apmh Invest A/s	10 percent owner	ESPLANADEN 50, COPENHAGEN G7 1263
Blake Denton	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Caroline Alting	officer: See Remarks	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Noble Corp Plc	officer: VP & Chief Accounting Officer	13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Robert W. Eifler	director, officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard	officer: SVP, Gen. Counsel & Corp. Sec.	13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen	officer: See Remarks	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Charles M Sledge	director	1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Laura D. Campbell	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478