Novo Nordisk Dividend
Dividend criteria checks 3/6
Novo Nordisk is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
50%
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 | €18.76 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOV's dividend payments have been volatile in the past 10 years.
Growing Dividend: NOV's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novo Nordisk Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NOV) | 1.0% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Pharmaceuticals) | 2.3% |
Analyst forecast in 3 Years (NOV) | 1.8% |
Notable Dividend: NOV's dividend (1.04%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: NOV's dividend (1.04%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.4%), NOV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.9%), NOV's dividend payments are covered by cash flows.