NVO Dividend History - Novo Nordisk

Track the latest NVO dividend history! 1.78% Dividend Yield, 17.29% Annual Growth - Explore NVO's complete dividend history

Yield 12m 1.78%
Cash Amount 12m 1.44
Dividend Growth 5y avg 17.29%
Dividend Rating 60.71%
Yield on Cost 5y 5.10%
Payout Ratio current 46.6%
Payout Frequency 12m 2
Payout Consistency 93.9%
Total Return 12m: -19.56%
#110 in Group
Total Return 5y: 198.90%
#9 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Pharmaceuticals
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
NVO 386,760m 1.78% 5.10%
SIGA 504m 9.48% 14.3%
PFE 150,685m 7.99% 6.81%
RDY 13,299m 6.28% 13.2%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
NVO 386,760m 17.3% 60.7%
FAGR 1,237m 30.3% 57.1%
COPN 1,115m 25.8% 48.1%
HLUN-A 5,621m 9.86% 56.3%

NVO Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-08-16 2024-08-16 2024-08-26 Semiannual 0.513 -44.8% 0.38%
2024-03-22 2024-03-25 2024-04-02 Semiannual 0.93 110.4% 0.72%
2023-08-18 2023-08-21 2023-08-29 Semiannual 0.442 -25.7% 0.24%
2023-03-24 2023-03-27 2023-04-04 Semiannual 0.5945 103.6% 0.4%
2022-08-12 2022-08-15 2022-08-23 Semiannual 0.292 -43.6% 0.27%
2022-03-25 2022-03-28 2022-04-05 Semiannual 0.518 86% 0.48%
2021-08-16 2021-08-17 2021-08-25 Semiannual 0.2785 -41.3% 0.27%
2021-03-26 2021-03-29 2021-04-07 Semiannual 0.4745 83.2% 0.71%
2020-08-14 2020-08-17 2020-08-25 Semiannual 0.259 -33.8% 0.39%
2020-03-27 2020-03-30 2020-04-07 Semiannual 0.3913 74.3% 0.71%
2019-08-16 2019-08-19 2019-08-27 Semiannual 0.2245 -43.1%
2019-03-22 2019-03-25 2019-04-02 Semiannual 0.3945 69%
2018-08-17 2018-08-20 2018-08-28 SemiAnnual 0.2335 -30.3%
2018-03-23 2018-03-26 2018-04-03 SemiAnnual 0.335 41.4%
2017-08-17 2017-08-21 2017-08-29 Annual 0.237 -28.5%
2017-03-23 2017-03-27 2017-04-04 Annual 0.3315 48.3%
2016-08-11 2016-08-15 2016-08-23 Annual 0.2235 -53.6%
2016-03-18 2016-03-22 2016-03-30 Annual 0.482 26.8%
2015-03-19 2015-03-23 2015-03-31 Annual 0.38 -8.4%
2014-03-21 2014-03-25 2014-04-02 Annual 0.415 30.3%
2013-03-21 2013-03-25 2013-04-02 Annual 0.3184 27.5%
2012-03-22 2012-03-26 2012-04-03 Annual 0.2497 37.3%
2011-03-24 2011-03-28 2011-04-05 Annual 0.1818 29.2%
2010-03-25 2010-03-29 2010-04-07 Annual 0.1407 36.1%
2009-03-19 2009-03-23 2009-03-31 Annual 0.1034 17%
2008-03-13 2008-03-17 2008-03-25 Annual 0.0884 45.2%
2007-03-08 2007-03-12 2007-03-20 Annual 0.0609 26.1%
2006-03-09 2006-03-13 2006-03-21 Annual 0.0483 15%
2005-03-10 2005-03-14 2005-03-22 Annual 0.042 12.8%
2004-03-17 2004-03-19 2004-03-29 Annual 0.0373 42.4%
2003-03-26 2003-03-28 2003-04-07 Annual 0.0262 41.7%
2002-03-13 2002-03-15 2002-03-25 Annual 0.0185 16%
2001-03-21 2001-03-23 2001-04-02 Annual 0.0159 69.1%
2000-11-17 0.0094 -19.7%
2000-03-24 2000-03-28 2000-04-06 Annual 0.0117 42.7%
1999-03-25 0.0082 2%
1998-03-27 0.008 43.1%
1997-04-25 0.0056 30.7%
1996-05-01 0.0043 19.4%
1996-04-24 0.0036

NVO Dividend History - FAQ

What is the Dividend Yield of NVO?

As of January 2025 NVO`s Dividend Yield is 1.78%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.44 USD by the current stock price of 81.18.

What is the long-term Dividend Growth Rate of NVO?

In the last 5 Years the Average Dividend Growth Rate was 17.29% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does NVO pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) NVO paid 2 times a dividend.

What is the Yield on Cost of NVO?

The 5 Year Yield-On-Cost is 5.10%. That's the effective dividend income you'd receive today if you purchased Novo Nordisk five years ago. It is calculated by the Rate of the last 12 Months (1.44) divided by the price 5 years ago (28.31).

What is the Payout Consistency of NVO?

NVO has a Payout Consistency of 93.9%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of NVO?

The Overall Dividend Rating of 60.71 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does NVO have a good Dividend Yield?

NVO`s 1.78% Dividend Yield is considered as: low.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for NVO?

The next Dividend Date for NVO is unknown.

What is the Dividend Payout Ratio of NVO?

The Dividend Payout Ratio of NVO is 46.6%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: NVO Outstanding Shares

What is the Trend of NVO`s Outstanding Shares?

The Outstanding Shares of Novo Nordisk are shrinking at a rate of -1.13% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Novo Nordisk ever had a Stock Split?

Yes, last Stock Split was on 2023-09-20 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
2009 5992000000
2010 5855000000 -2.29%
2011 5701000000 -2.63%
2012 5517000000 -3.23%
2013 5387000000 -2.36%
2014 5260000000 -2.36%
2015 5155000000 -2%
2016 5069000000 -1.67%
2017 4956000000 -2.23%
2018 4849000000 -2.16%
2019 4757000000 -1.9%
2020 4680000000 -1.62%
2021 4605000000 -1.6%
2022 4545000000 -1.3%
2023 4495000000 -1.1%