National Oilwell Varco Stock To Go Ex-dividend Tomorrow (NOV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for National Oilwell Varco (NYSE: NOV) is tomorrow, March 13, 2013. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $67.52 as of 9:31 a.m. ET, the dividend yield is 0.8%.

The average volume for National Oilwell Varco has been 4.2 million shares per day over the past 30 days. National Oilwell Varco has a market cap of $29.09 billion and is part of the basic materials sector and energy industry. Shares are down 1% year to date as of the close of trading on Monday.

National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. The company has a P/E ratio of 11.7, below the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates National Oilwell Varco as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full National Oilwell Varco Ratings Report.

See our dividend calendar or top-yielding stocks list.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.
null

If you liked this article you might like

National Oilwell Varco in Rare Breakout-Mode Friday: Chart Shows the Trade

Anadarko Petroleum's Relative Strength Is Signaling Black Gold Ahead

Earning the Bulls' Trust: Cramer's 'Mad Money' Recap (Thursday 6/1/17)

Saudi Aramco to Sign 10 Energy Deals During Trump Visit