Equinor ASA
EQNREnergy · Stock · quarterly payer
Forward Yield
3.71%
Annual Dividend
$1.56
Payout Ratio
41%
5-Yr Growth
15.5%
Ex-Date
Nov 16, 2026
Frequency
Quarterly
Summary
As of September 2026, Equinor ASA (EQNR) yields 3.71% ($1.56 per share annually), with a blended fair-value estimate of $30.53 — -27% downside, so it screens as overvalued. Dividend safety grade: C (58/100).
Is EQNR a good dividend stock?
Yes, with caveatsEquinor ASA (EQNR) pays a quarterly dividend yielding 3.71% ($1.56/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (41%)
- Strong 15.5% 5-yr dividend growth
- 65% total price return over 5 years
Risks
- Cut its dividend in 2025
Key Data
- Dividend Yield
- 3.71%
- Payout Ratio
- 41%
- Annual Dividend
- $1.56
- 5-Yr Avg Growth
- 15.5%
- Ex-Dividend Date
- Nov 16, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- -0.73
- Market Cap
- $99.9B
- P/E Ratio
- 11.4
- 5-Yr Total Return
- 65%
- 52-Week Range
- $22.26 – $44.33
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
EQNR Price — Last 12 Months
Daily close
Price Return
1 Year
+73%
3 Years
+28%
5 Years
+65%
52-Week Range
$22.26 – $44.33
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EQNR worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Equinor ASA is $30.53 per share, versus a market price of $42.09. That implies 27% of downside.
Fair Value
$30.53
Current Price
$42.09
Downside
-27%
Margin of Safety
-38%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -3.4% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $3.69 EPS, $1.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EQNR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.3900 | regular |
| May 15, 2026 | — | $0.3900 | regular |
| Feb 17, 2026 | — | $0.3700 | regular |
| Nov 14, 2025 | — | $0.3700 | regular |
| Aug 19, 2025 | — | $0.3700 | regular |
| May 16, 2025 | — | $0.3700 | regular |
| Feb 14, 2025 | — | $0.3500 | regular |
| Nov 19, 2024 | — | $0.7000 | regular |
| Aug 19, 2024 | — | $0.7000 | regular |
| May 15, 2024 | — | $0.7000 | regular |
| Feb 14, 2024 | — | $0.9000 | regular |
| Nov 14, 2023 | — | $0.9000 | regular |
| Aug 14, 2023 | — | $0.9000 | regular |
| May 11, 2023 | — | $0.9000 | regular |
Income Calculator
At $1.56 / yr per share
