VAR Dividend History & Analysis | 13.3% Yield

VAR has a dividend yield of 13.3% and paid 4.75 NOK per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 13.25%
Payout Ratio 7.7%
Growth Rate CAGR 5y 2.5%
Consistency Lifetime 100%
Yield on Cost 5y 30.6%
Payout FCF 58.7%
Streak Years 4
Dividend Rating 73%
Chowder Number yield + growth 15.8% meets 12% target for healthy growth
Yield vs Average 5y -2% avg 13.52% vs now 13.25%
Debt / EBITDA leverage -0.2x healthy
Income per 10k invested 1,325 NOK per year
Ex-Dividend in 22 days: Buy before Aug 21, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly VAR annual dividends paid per share, showing the total cash Var Energi ASA distributed to shareholders each year.
Dividend Growth Year over Year VAR year-over-year dividend growth rate, showing how Var Energi ASA's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History VAR dividend yield history versus share price over the past 5 years, showing how Var Energi ASA's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Oil & Gas Exploration & Production

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
VAR OL
Var Energi ASA		 12,686 M 13.25% 30.61%
DNO OL
Dno ASA		 1,790 M 9.46% 26.17%
DMLP NASDAQ
Dorchester Minerals		 1,341 M 9.91% 25.04%
KRP NYSE
Kimbell Royalty		 1,617 M 10.57% 22.19%
MNR NYSE
Mach Natural Resources		 2,233 M 13.70% 14.69%
BSM NYSE
Black Stone Minerals		 3,041 M 9.00% 18.26%
VTS NYSE
Vitesse Energy		 659 M 9.92% 15.75%
AKRBP OL
Aker BP ASA		 22,168 M 8.54% 15.90%
VNOM NASDAQ
Viper Energy Ut		 16,248 M 5.55% 17.61%
NOG NYSE
Northern Oil & Gas		 2,308 M 7.64% 13.26%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
MTDR NYSE
Matador Resources		 6,310 M 60.79% 100.0%
NOG NYSE
Northern Oil & Gas		 2,308 M 37.81% 100.0%
CRC NYSE
California Resources		 4,748 M 23.30% 100.0%
SM NYSE
SM Energy		 8,034 M 22.95% 91.7%
TPL NYSE
Texas Pacific Land		 28,931 M 17.53% 60.8%
MUR NYSE
Murphy Oil		 5,280 M 17.78% 100.0%
DNO OL
Dno ASA		 1,790 M 15.13% 100.0%
WKC NYSE
World Kinect		 1,863 M 14.20% 100.0%
PR NYSE
Permian Resources		 18,411 M 21.30% 86.1%
VET NYSE
Vermilion Energy		 1,563 M 13.77% 100.0%

VAR Dividend History

Dividend Monthly Return EX date, 4.2 years of data

Jan - -
Feb 3.78% 89
Mar - -
Apr 1.89% 45
May 1.27% 40
Jun 0.47% 20
Jul 0.85% 22
Aug 2.50% 67
Sep - -
Oct 0.87% 22
Nov 2.57% 67
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 18 Payments (NOK) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-08-21 2026-09-01 Quarterly 1.355 +22.1% N/A
2026-06-03 2026-06-12 Quarterly 1.11 -8.2% 2.35%
2026-02-03 2026-02-12 Quarterly 1.209 -0.2% 3.64%
2025-11-17 2025-11-25 Quarterly 1.211 -0.9% 3.58%
2025-08-18 2025-08-26 Quarterly 1.222 -1.8% 3.68%
2025-04-29 2025-05-08 Quarterly 1.245 +2.6% 4.31%
2025-02-17 2025-02-25 Quarterly 1.213 +2.8% 3.58%
2024-10-28 2024-11-05 Quarterly 1.18 -0.3% 3.49%
2024-07-29 2024-08-06 Quarterly 1.184 -0.7% 3.41%
2024-04-29 2024-05-08 Quarterly 1.192 +4.9% 3.27%
2024-02-19 2024-02-27 Quarterly 1.136 -5.6% 3.63%
2023-11-03 2023-11-16 Quarterly 1.204 +10.4% 3.22%
2023-08-04 2023-08-14 Quarterly 1.091 -5% 3.63%
2023-05-03 2023-05-10 Quarterly 1.148 -6.4% 4.4%
2023-02-24 2023-03-03 Quarterly 1.226 +0.1% 4.27%
2022-11-02 2022-11-09 Quarterly 1.225 +19.5% 3.47%
2022-08-04 2022-08-11 Quarterly 1.025 +23.9% 2.71%
2022-05-05 2022-05-12 Quarterly 0.827 0% 1.97%

VAR Dividend FAQ

What is the Dividend Yield of VAR?

As of July 2026, VAR's dividend yield is 13.25%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.75 NOK by the current share price of 46.75.

Does VAR pay a dividend?

As of July 2026, VAR paid a dividend of 4.75 NOK in the last 12 months. The last dividend was paid on 2026-08-21 and the payout was 1.355 NOK.

How often does VAR pay dividends?

VAR pays dividends quarterly. Over the last 12 months, VAR has issued 4 dividend payments. The last dividend payment was made on 2026-08-21.

VAR dividend forecast

Based on historical data, the forecasted dividends per share for VAR for the next payments are between 1.25 (-7.7%) and 1.315 (-3.0%). This indicates a moderate dividend reduction compared to the last payment. The expected Yield for the next 12 months is about 5.49%.

Will VAR pay dividends in 2026?

The latest dividend paid per share was 1.355 NOK with an Ex-Dividend Date of 2026-08-21. The next Ex-Dividend date for Var Energi ASA (VAR) is 2026-08-21.

What is the next Ex-Dividend Date for VAR?

The next Ex-Dividend date for Var Energi ASA (VAR) is 2026-08-21.

What is the Dividend Growth of VAR?

VAR's average dividend growth rate over the past 5 years is 2.53% per year. Strong growth: VAR's dividend growth is outpacing inflation.

What is the Yield on Cost of VAR?

VAR's 5-Year Yield on Cost is 30.6%. If you bought VAR's shares at 15.53 NOK five years ago, your current annual dividend income (4.75 NOK per share, trailing 12 months) equals 30.6% of your original purchase price.

What is the Payout Consistency of VAR?

VAR Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Var Energi ASA has a strong track record of consistent dividend payments over its lifetime.

Does VAR have a good Dividend Yield?

VAR's 13.25% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of VAR?

The Dividend Payout Ratio of VAR is 7.7%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of VAR?

VAR's Overall Dividend Rating is 72.99%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

VAR Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in VAR's Outstanding Shares?

Var Energi ASA's outstanding shares have increased by approximately 0.79% annually over the past 3 years (Trend Reliability: -4.4%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has VAR ever had a Stock Split?

Yes, the last stock split was on Feb 15, 2023 with a ratio of 11:10. This was a forward split: Each share became 1.1 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2020 2,504,730,000 0%
2021 2,496,406,200 -0.33%
2022 2,496,406,000 -0%
2023 2,496,000,000 -0.02%
2024 2,496,000,000 0%
2025 2,496,406,300 +0.02%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-24 02:37 UTC