Equinor ASA (EQNR) To Go Ex-Dividend on August 14th

Equinor ASA (NYSE:EQNR) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.39 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, August 14th.

Equinor ASA has raised its dividend by an average of 0.2%annually over the last three years. Equinor ASA has a dividend payout ratio of 41.3% meaning its dividend is sufficiently covered by earnings. Analysts expect Equinor ASA to earn $3.74 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 34.2%.

Equinor ASA Price Performance

Shares of NYSE EQNR opened at $40.97 on Wednesday. Equinor ASA has a 1 year low of $22.26 and a 1 year high of $43.46. The stock has a market capitalization of $97.95 billion, a P/E ratio of 11.16, a P/E/G ratio of 2.70 and a beta of 0.04. The company’s 50-day moving average is $36.08 and its 200 day moving average is $35.33. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.10.

Equinor ASA (NYSE:EQNR) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $1.33 EPS for the quarter, missing the consensus estimate of $1.39 by ($0.06). The company had revenue of $34.02 billion during the quarter, compared to analysts’ expectations of $34.03 billion. Equinor ASA had a return on equity of 23.60% and a net margin of 7.92%. On average, sell-side analysts expect that Equinor ASA will post 4.93 earnings per share for the current year.

About Equinor ASA

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.