Novartis Dividend
Dividend criteria checks 5/6
Novartis is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
89%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$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: 0K9E's dividends per share have been stable in the past 10 years.
Growing Dividend: 0K9E's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Novartis Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (0K9E) | 3.7% |
Market Bottom 25% (GB) | 2.2% |
Market Top 25% (GB) | 5.8% |
Industry Average (Pharmaceuticals) | 2.4% |
Analyst forecast in 3 Years (0K9E) | 4.0% |
Notable Dividend: 0K9E's dividend (3.7%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0K9E's dividend (3.7%) is low compared to the top 25% of dividend payers in the UK market (5.78%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.7%), 0K9E's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61%), 0K9E's dividend payments are covered by cash flows.