Novo Nordisk Dividend

What is Novo Nordisk current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend 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
How does NVO dividend yield compare to the market?
SegmentDividend 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.


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