NE Stock — Noble Corporation plc

Noble Corporation plc (NE)

Updated October 16, 2026.

NE is a Stock. its distribution rate is 4.54%, its trailing-12-month yield is 4.54%. Dividend Vision Distribution Safety Score™ is 92/100 (Safe). Total return is 114.9% over the past 5.4 years, 20.1 points ahead of SPY at 94.8%.

Noble Corporation plc operates as an offshore drilling contractor, providing contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units including floats and jackups across Africa, Asia, the North Sea, Oceania, South America, and the U.S. Gulf of Mexico. The company distributes earnings quarterly at a current distribution rate in the mid-single digits. This equity is suited for income-focused investors seeking exposure to offshore drilling services and the energy sector.

NE performance versus SPY

Price and return data through 2026-10-16.

Total return is 114.9% over the past 5.4 years, 20.1 points ahead of SPY at 94.8%. Over the past year its total return — price change plus distributions reinvested — is 68.4%. Its deepest 1-year drawdown was 31.1%.

NE key facts

Distribution Safety Score™

92 · Safe

Safety-Adjusted Yield

4.18%

Asset type

Stock

Asset class

Equity

Inception date

06/09/2021

Distribution rate

4.54%

Distribution frequency

Quarterly

Trailing yield

4.54%

Last close

$44.08 (as of 2026-10-16)

Market cap

$7,037,028,969

Average volume

1163405.0

Dividend

$0.50

Ex-dividend date

09/03/2026

Payment date

09/24/2026

Beta

1.011

Payout ratio

3.6%

P/E ratio

46.89

Forward P/E

20.9644

EPS

$0.94

How Dividend Vision calculates yield and returns

Distribution rate (4.54%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.54%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NE risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 31.1%.

Who may consider NE — and who may not

NE may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NE pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on NE

• All tickers starting with N

Tagged: Energy, Dividend.

Frequently asked questions