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Dividend policy

It is our ambition to grow the annual cash dividend, measured in USD per share, in line with long term underlying earnings. We announce dividends on a quarterly basis. In addition to cash dividend, Equinor intends to buy back shares as part of total distribution of capital to the shareholders.

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Our dividend — Equinor

Here, we provide a comprehensive overview of our dividend distributions and payment policies, in line with our commitment to transparency and creating shareholder value. Delve into current and historical dividend data in the links and tables below.

  • USD 0.35

    Q2 ordinary cash dividend

  • USD 0.35

    Q2 extraordinary cash dividend

  • 18 Nov

    Ex. div. (OSE)

  • 19 Nov

    Ex. div. (NYSE)

  • 29 Nov

    Next payment

Dividend policy, Board and AGM approval

The Board approves Q1—Q3 interim dividends based on an authorisation from the Annual General Meeting (AGM), while the AGM approves the Q4 (and total annual) dividend based on a proposal from the Board.

When deciding the interim dividends and recommending the total annual dividend level, the Board will take into consideration expected cash flow, capital expenditure plans, financing requirements and appropriate financial flexibility.

It is our ambition to grow the annual cash dividend, measured in USD per share, in line with long term underlying earnings. We announce dividends on a quarterly basis.

In addition to cash dividend, Equinor intends to buy back shares as part of total distribution of capital to the shareholders.

Dividend dates and payments

As of 1 January 2019, new rules concerning the application of a lower withholding tax rate than 25 percent came into force regarding dividend distributions from Norwegian companies to foreign shareholders.

For further details, please see link here. We recommend you to contact your broker for further details.

Dividend amount

From and including the third quarter of 2015, dividend is declared in USD, and the NOK dividend will be calculated and communicated four business days after the record date for Oslo Børs shareholders. The NOK dividend will be based on average USD/NOK fixing rates from Norges Bank in the period plus/minus three business days from record date, in total seven business days.

OSE – Quarterly dividend payments

2024

Quarter

Ordinary cash
dividend

Extraordinary cash dividend

Announcement
date

Ex-dividend
date

Record
date

Payment
date

Exchange
rate

Q2 2024

0.35 USD

0.35 USD

24 July 2024 18 Nov 2024 19 Nov 2024 29 Nov 2024 25 Nov 2024

Q1 2024

0.35 USD

0.35 USD

25 April 2024 16 Aug 2024 19 Aug 2024 28 Aug 2024 10.6204

2023

Quarter

Ordinary cash
dividend

Extraordinary cash dividend

Announcement
date

Ex-dividend
date

Record
date

Payment
date

Exchange
rate

Q4 2023

0.35 USD

0.35 USD

7 Feb 2024 15 May 2024 16 May 2024 28 May 2024 10.7254

Q3 2023

0.30 USD

0.60 USD

27 Oct 2023 14 Feb 2024 15 Feb 2024 27 Feb 2024 10.5229

Q2 2023

0.30 USD

0.60 USD

26 July 2023 14 Nov 2023 15 Nov 2023 28 Nov 2023 9.8519

Q1 2023

0.30 USD

0.60 USD

4 May 2023 14 Aug 2023 15 Aug 2023 25 Aug 2023 10.4545

NYSE – Quarterly dividend payments

2024

Quarter

Ordinary cash dividend

Extraordinary cash dividend

Announcement
date

Ex-dividend
date

Record
date

Payment
date

Q2 2024

0.35 USD

0.35 USD

24 July 2024 19 Nov 2024 19 Nov 2024 29 Nov 2024

Q1 2024

0.35 USD

0.35 USD

25 April 2024 19 Aug 2024 19 Aug 2024 28 Aug 2024

2023

Quarter

Ordinary cash dividend

Extraordinary cash dividend

Announcement
date

Ex-dividend
date

Record
date

Payment
date

Q4 2023

0.35 USD

0.35 USD

7 Feb 2024 15 May 2024 16 May 2024 28 May 2024

Q3 2023

0.30 USD

0.60 USD

27 Oct 2023 14 Feb 2024 15 Feb 2024 27 Feb 2024

Q2 2023

0.30 USD

0.60 USD

26 July 2023 14 Nov 2023 15 Nov 2023 28 Nov 2023

Q1 2023

0.30 USD

0.60 USD

4 May 2023 14 Aug 2023 15 Aug 2023 25 Aug 2023

Historical dividend payments

Here, we provide an overview of all our historical dividend payments dating back to the company’s stock market floatation in 2001. Since the data offered is comprehensive, we offer it in the form of a spreadsheet.

This Excel file is updated quarterly after each dividend announcement and contains data for both OSE and NYSE dividends.

Download the spreadsheet below to gain a full overview of our dividend payments.

Historical dividend (XLSX)

Share buyback

Share buybacks are an integrated part of the Equinor dividend policy.

The Annual General Meeting in Equinor ASA on 14 May 2024 authorised the board of directors to acquire own shares in the market. According to the authorisation, the maximum number of shares to be purchased in the market is 92,000,000, the minimum price that can be paid for shares is NOK 50, and the maximum price is NOK 1000. The authorisation is valid until the earlier of 30 June 2025 and the annual general meeting in 2025.

Equinor ASA and the Norwegian State, represented by the Ministry of Trade, Industry and Fisheries, have entered into an agreement which regulates the redemption and annulment of a proportional share of the State's shares, ensuring that the State's owner interest in Equinor ASA remains unchanged.

Link to share buyback announcements