Novartis Dividend
Dividend criteria checks 5/6
Novartis is a dividend paying company with a current yield of 3.15% that is well covered by earnings.
Key information
3.1%
Dividend yield
80%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CHF 3.300 |
| Earnings per share | CHF 4.98 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOVN's dividends per share have been stable in the past 10 years.
Growing Dividend: NOVN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Novartis Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOVN) | 3.1% |
| Market Bottom 25% (CH) | 1.9% |
| Market Top 25% (CH) | 4.3% |
| Industry Average (Pharmaceuticals) | 2.3% |
| Analyst forecast (NOVN) (up to 3 years) | 3.6% |
Notable Dividend: NOVN's dividend (3.15%) is higher than the bottom 25% of dividend payers in the Swiss market (1.87%).
High Dividend: NOVN's dividend (3.15%) is low compared to the top 25% of dividend payers in the Swiss market (4.34%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), NOVN's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.6%), NOVN's dividend payments are covered by cash flows.