dividend
confidence high
sentiment positive
materiality 0.60
NOG raises quarterly dividend to $0.45/share, up 12.5% YoY; repurchased 693,658 shares in Q4
NORTHERN OIL & GAS, INC.
- Quarterly dividend $0.45/share, payable Apr 30, record Mar 28, 12.5% increase YoY and 7% from prior quarter.
- Plans to maintain $0.45 quarterly dividend throughout 2025 absent material changes.
- Repurchased 693,658 shares in Q4 at avg $36.28; full-year 2024 repurchased 2,535,391 shares at $37.27.
- Total 2024 shareholder returns ~$260M from dividends and repurchases.