Novo Nordisk A/S Stock Dividends
NVO pays dividends biannually. Last paid amount was $0.93 at Apr 02, 2024. As of today, dividend yield (TTM) is 1.66%.
Dividend Yield Range
AI Analysis of NVO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.66% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 5.24% |
| Payout Ratio | 0 |
| Amount Per Share | $0.93 |
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Novo Nordisk A/S has not yet announced its next dividend date. Last payment date was: Apr 02, 2024.
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NVO Dividend Payout History
To ensure a understanding of NVO's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jan 31, 2024 | Mar 22, 2024 | Apr 02, 2024 | $0.93 | 0.735% |
| 2 | Aug 10, 2023 | Aug 18, 2023 | Aug 29, 2023 | $0.88 | 0.93% |
| 3 | Feb 02, 2023 | Mar 24, 2023 | Apr 04, 2023 | $1.19 | 1.50% |
| 4 | Aug 05, 2022 | Aug 12, 2022 | Aug 23, 2022 | $0.584 | 1.10% |
| 5 | Mar 02, 2022 | Mar 25, 2022 | Apr 05, 2022 | $1.04 | 1.80% |
| 6 | Aug 06, 2021 | Aug 16, 2021 | Aug 25, 2021 | $0.557 | 1.07% |
| 7 | Feb 23, 2021 | Mar 26, 2021 | Apr 07, 2021 | $0.95 | 2.80% |
| 8 | Aug 07, 2020 | Aug 14, 2020 | Aug 25, 2020 | $0.518 | 1.56% |
| 9 | Feb 06, 2020 | Mar 27, 2020 | Apr 07, 2020 | $0.783 | 2.67% |
| 10 | Aug 09, 2019 | Aug 16, 2019 | Aug 27, 2019 | $0.449 | 1.72% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
NVO Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NVO dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NVO stock here.
Comparing NVO to Sector and Country
NVO pays a solid dividend yield of 1.66%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.373%). NVO’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.44%), which means that there are more attractive dividend stocks to consider.
NVO Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Medtronic plc | 105.23B | $0.690 | 3.40% | 87.07% | |
| Merck | 331.067B | $0.770 | 2.66% | 2,039.73% | |
| Novo Nordisk A/S | 562.237B | $0.93 | 1.66% | 37.96% | |
| UnitedHealth Group | 455.306B | $1.88 | 1.51% | 45.26% |
