Equinor ASA Announces Key Updates on Q3 Dividend Details

Author: Caleb Price Updated: 02-18-2025 11:02 AM

Equinor ASA Q3 2024 Dividend Information

Equinor ASA is pleased to provide key updates regarding its cash dividend for the third quarter of 2024. This announcement corrects the previous stock market announcement, ensuring that investors receive accurate information. The original notice incorrectly stated the date for announcing the dividend per share in NOK.

What to Expect from the Cash Dividend

For the third quarter, Equinor ASA (OSE: EQNR, NYSE: EQNR) has confirmed an ordinary cash dividend amounting to 0.35. Additionally, an extraordinary cash dividend of the same amount is also on the table, which reiterates the company's commitment to delivering value to its shareholders.

Details of the Dividend Payment

Investors should take note of several key dates related to the dividend payments:

Ordinary cash dividend amount: 0.35
Extraordinary cash dividend amount: 0.35
Announced currency: USD
Last day to include rights: 12 February 2025
Ex-date on Oslo Børs: 13 February 2025
Ex-date on New York Stock Exchange: 14 February 2025
Record date: 14 February 2025
Payment date: 28 February 2025

Announcement Correction Details

Correction was necessary as the previous announcement failed to accurately communicate the date for the dividend announcement in NOK. The correct date for this announcement is now scheduled for 20 February 2025.

Significance for Shareholders

This dividend announcement is crucial for shareholders, as it not only reflects Equinor's robust financial position but also its ongoing strategy to return capital to investors. By distributing dividends, Equinor demonstrates its ability to generate sustainable cash flows, further enhancing shareholder confidence.

Future Prospects

As Equinor focuses on growth, maintaining steady dividends serves as a benchmark for financial strength. The company's commitment to returning value through dividends is expected to remain steadfast, providing a reliable income stream for shareholders moving forward.

Frequently Asked Questions

What is the total cash dividend amount for Q3 2024?

The total cash dividend amount for Q3 2024 from Equinor ASA is 0.35, with an additional extraordinary cash dividend of 0.35.

When is the payment date for the cash dividend?

The payment date for the cash dividend is set for 28 February 2025.

What is the importance of the ex-date?

The ex-date is the date on which the stock begins trading without the right to receive the declared dividend. For investors wanting to receive the dividend, they should purchase the stock before the ex-date.

Why was there a correction in the announcement?

The correction was made to accurately reflect the date for announcing the cash dividend per share in NOK, which was originally stated incorrectly.

What are the key dates related to the dividend?

Key dates include the last day to include rights on 12 February 2025, the ex-date on Oslo Børs on 13 February 2025, and the payment date on 28 February 2025.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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