NOA (North American Construction Group) Dividend Payout Ratio: 0.80 (As of Mar. 2026) — 433% Above Median

What is North American Construction Group Dividend Payout Ratio?

North American Construction Group NOA -1.47% 84 Dividend Payout Ratio is 0.80 as of Mar. 2026, which is 433% above its 10-year median of 0.15. GuruFocus rates NOA with a GF Score™ of 84/100 and a GF Value™ of $24.34 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 436 Oil & Gas companies, North American Construction Group ranks worse than 82.8% on this metric.

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. North American Construction Group's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.80.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of North American Construction Group Ltd is 1.11, which seems too high.

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

NOA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.15 Max: 1.11
Current: 1.11

During the past 13 years, the highest Dividend Payout Ratio of North American Construction Group was 1.11. The lowest was 0.10. And the median was 0.15.

NOA's Dividend Payout Ratio is ranked worse than
82.8% of 436 companies
in the Oil & Gas industry
Industry Median: 0.5 vs NOA: 1.11

As of today (2026-06-29), the Dividend Yield % of North American Construction Group is 2.59%.

During the past 13 years, the highest Trailing Annual Dividend Yield of North American Construction Group was 2.73%. The lowest was 0.45%. And the median was 1.36%.

North American Construction Group's Dividends per Share for the months ended in Mar. 2026 was $0.09.

During the past 12 months, North American Construction Group's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 27.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 23.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of North American Construction Group was 38.70% per year. The lowest was 0.00% per year. And the median was 26.00% 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.

North American Construction Group (NYSE:NOA) 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.

North American Construction Group Dividend Payout Ratio Related Terms

North American Construction Group Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for North American Construction Group'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.

North American Construction Group Dividend Payout Ratio Chart

North American Construction Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Dividend Payout Ratio

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0.10

0.15

0.19

0.16

0.69

North American Construction Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	1.47	0.19	12.43	0.80

NOA vs SLB, BKR, HAL: Dividend Payout Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, North American Construction Group'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.

North American Construction Group Dividend Payout Ratio vs Oil & Gas Industry

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

* The bar in red indicates where North American Construction Group's Dividend Payout Ratio falls into.

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84GF Score

North American Construction Group Ltd NOA

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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North American Construction Group Dividend Payout Ratio Calculation

North American Construction Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2025 )	/	EPS without NRI (A: Dec. 2025 )
	=	0.348	/	0.507
	=	0.69

North American Construction Group's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.087	/	0.109
	=	0.80

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.80 mean?

North American Construction Group (NOA) has a Dividend Payout Ratio of 0.80 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on North American Construction Group and its competitors. This is 433% above median its historical median of 0.15. Over the past decade, North American Construction Group's Dividend Payout Ratio has ranged from 0.10 to 1.11. According to the industry distribution chart, North American Construction Group ranks #361 out of 436 companies in the Oil & Gas industry, placing it in the top 82.8%.

Is North American Construction Group's Dividend Payout Ratio too high?

North American Construction Group's current Dividend Payout Ratio of 0.80 is 433% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.11. The Oil & Gas industry median Dividend Payout Ratio is 0.50. North American Construction Group's value of 0.80 is 60% above this industry median. Based on the distribution chart, North American Construction Group ranks #361 out of 436 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, North American Construction Group has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does North American Construction Group's Dividend Payout Ratio compare to SLB and BKR?

According to the Oil & Gas industry distribution chart, North American Construction Group ranks #361 out of 436 companies for Dividend Payout Ratio. This places North American Construction Group in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. North American Construction Group's value of 0.80 is 60% above this benchmark. Historically, North American Construction Group's own Dividend Payout Ratio has ranged from 0.10 to 1.11 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.50, North American Construction Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. North American Construction Group's current Dividend Payout Ratio of 0.80 is 60% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on North American Construction Group and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Construction Group's current Dividend Payout Ratio is 0.80, which is 433% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is North American Construction Group stock overvalued right now?

Based on GuruFocus' analysis, North American Construction Group (NOA) is currently considered Possible Value Trap. The stock's GF Value™ is $24.34, compared to a current price of $13.39 — trading 45% below its estimated fair value. The current Dividend Payout Ratio is 0.80, which is 433% above median its 10-year median of 0.15 and 60% above the Oil & Gas industry median of 0.50. North American Construction Group's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For North American Construction Group (NOA), the current Dividend Payout Ratio is 0.80 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is North American Construction Group (NOA) Overvalued in 2026?

Based on GuruFocus' analysis, North American Construction Group stock appears to be undervalued. The current stock price of $13.39 is trading 45% below its estimated GF Value™ of $24.34. GuruFocus considers North American Construction Group to be Possible Value Trap.

Key valuation signals for NOA:

Dividend Payout Ratio: 0.80 (433% above median its 10-year median of 0.15)
GF Value™: $24.34 vs. price of $13.39 (45% below fair value)
GF Score™: 84/100 with 7 warning signs
Industry Position: 60% above the Oil & Gas median (#361 of 436)

No single metric tells the full story. See the NOA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

North American Construction Group Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:CFW TSX:MATR TSX:TOT TSX:MTEK TSX:SHLE TSX:PSD TSX:FLNT TSX:E TSX:PSI NEOE:ZEFI SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges N5Z:Germany NOA:Canada

Address 27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8

Website https://www.nacg.ca

North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment Canada, Heavy Equipment Australia, and Other. Heavy Equipment Canada and Heavy Equipment Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, its external maintenance and rebuild programs.

84GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.39

Price

$24.34

GF Value

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