Northern Oil and Gas, Inc. (NOG) Dividend
Northern Oil and Gas, Inc. (NOG) currently pays a dividend yield of 6.60%, distributing $1.80 per share annually ($0.45 per quarter). The company operates in the Energy sector.
NOG has raised its dividend for 3 consecutive years.
NOG dividend at a glance
| Dividend Yield | 6.60% |
|---|---|
| Annual Dividend | $1.80 per share |
| Per Payment | $0.45 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 29, 2026 |
| Next Payment Date | October 30, 2026 |
| Payout Ratio | 462% |
| Consecutive Years of Dividend Growth | 3 |
| Sector | Energy |
| Implied Share Price (from yield) | $27.27 |
What NOG pays on a $10,000 investment
At a 6.60% yield, $10,000 invested in NOG generates about $660.00 per year, or roughly $165.00 every quarter. Share counts below use an implied price of $27.27, derived from the $1.80 annual dividend and the 6.60% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 36.7 | $66.00 | $16.50 |
| $5,000 | 183.3 | $330.00 | $82.50 |
| $10,000 | 366.7 | $660.00 | $165.00 |
| $25,000 | 916.7 | $1,650.00 | $412.50 |
| $100,000 | 3,666.7 | $6,600.00 | $1,650.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NOG dividend payment schedule
NOG pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 29, 2026, with payment on October 30, 2026. Later rows are projected forward at the same interval and will shift when Northern Oil and Gas, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 29, 2026 | October 30, 2026 | $0.45 | Confirmed |
| March 29, 2027 | January 28, 2027 | $0.45 | Projected |
| June 29, 2027 | April 30, 2027 | $0.45 | Projected |
| September 29, 2027 | July 31, 2027 | $0.45 | Projected |
To collect a NOG dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NOG's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. NOG's 6.60% is 3.03 percentage points above that median, ranking 328th of 1000 by yield.
Within Energy, where we track 75 names, the median yield is 5.22% — putting NOG above its sector.
Its 3-year run of dividend increases ranks 352nd out of the 553 names in our data with an active growth streak.
What the numbers mean
NOG pays out roughly 462% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, NOG distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NOG dividend FAQ
When is the next NOG ex-dividend date?
The next NOG ex-dividend date is December 29, 2026, with the payment scheduled for October 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NOG's dividend yield?
NOG currently yields 6.60%, based on $1.80 in dividends per share over the past year.
How often does NOG pay dividends?
NOG pays quarterly, which works out to 4 payments per year of about $0.45 per share.
How much dividend income would $10,000 of NOG generate?
At the current 6.60% yield, $10,000 invested in NOG would produce roughly $660.00 per year, or about $165.00 per quarter, before taxes and assuming the dividend holds.
Has NOG increased its dividend?
Yes — NOG has raised its dividend for 3 consecutive years.
NOG dividend history
DivTrkr holds 22 recorded NOG dividend payments going back to 2021, with 4 consecutive complete years of increases. See the full NOG dividend history — every payment, annual totals and growth by year.
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Track NOG dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.