Novartis Dividend
Dividend criteria checks 6/6
Novartis is a dividend paying company with a current yield of 3.68% that is well covered by earnings.
Key information
3.7%
Dividend yield
89%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AR$4.46 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NVS's dividends per share have been stable in the past 10 years.
Growing Dividend: NVS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novartis Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NVS) | 3.7% |
Market Bottom 25% (AR) | 0.6% |
Market Top 25% (AR) | 2.8% |
Industry Average (Pharmaceuticals) | 2.3% |
Analyst forecast in 3 Years (NVS) | 4.0% |
Notable Dividend: NVS's dividend (3.68%) is higher than the bottom 25% of dividend payers in the AR market (0.65%).
High Dividend: NVS's dividend (3.68%) is in the top 25% of dividend payers in the AR market (2.87%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.7%), NVS's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.7%), NVS's dividend payments are covered by cash flows.