Novo Nordisk Dividend
What is Novo Nordisk current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
1.44%
Current Dividend Yield
Dividend Yield vs Market
| Novo Nordisk Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NVO) | 1.4% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.6% |
| Industry Average (Pharmaceuticals) | 2.6% |
| Analyst forecast in 3 Years (NVO) | 1.9% |
Notable Dividend: NVO's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: NVO's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Stability and Growth of Payments
Stable Dividend: NVO's dividend payments have been volatile in the past 10 years.
Growing Dividend: NVO's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), NVO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.7%), NVO's dividend payments are well covered by cash flows.