Novartis AG's last dividend was on Mar 7, 2024 (ex-date) with a distribution of $7.517 per share. On an annualized basis, the company has a current payout of $7.52 per share. This brings the dividend yield to 7.24% based on its recent close price.
Novartis AG's dividend yield of 7.24% is higher than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 1.92%, Novartis AG's dividend yield is 277% higher. Historically NVS's dividend yield has averaged at 4.7% in the last 5 years, which is lower than the current one.
Novartis AG has been paying dividends since 2000. NVS has issued one dividend in the last twelve months. The annualized DPS marks an increase of 115% since one year ago. And with the stock price up by 8% from a year ago, the dividend yield marks an increase of 99%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Mar 7, 2024 | $7.517 | 7.52% |
Mar 9, 2023 | $3.499 | 4.37% |
Mar 8, 2022 | $3.325 | 4.15% |
Mar 4, 2021 | $3.199 | 3.83% |
Mar 3, 2020 | $3.087 | 3.69% |
Mar 4, 2019 | $2.834 | 3.18% |
Mar 6, 2018 | $2.937 | 3.6% |
Mar 1, 2017 | $2.718 | 3.59% |
Feb 24, 2016 | $2.718 | 3.79% |
Mar 2, 2015 | $2.817 | 2.81% |
Novartis AG's payout ratio of 87.1% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 40%, Novartis AG's payout ratio is 118% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NVS Novartis AG | 7.24% | $7.52 | 87.1% |
PFE Pfizer Inc | 6.69% | $1.68 | 221.1% |
BMY Bristol Myers Squibb Co | 4.12% | $2.4 | N/A |
JNJ Johnson & Johnson | 3.13% | $4.86 | 80.6% |
MRK Merck & Co Inc | 3.08% | $3.08 | 64.3% |
AZN Astrazeneca plc | 2.31% | $1.49 | 71.1% |
ABT Abbott Laboratories | 1.88% | $2.2 | 66.7% |
Yes, Novartis AG has paid one dividend in the last 12 months. NVS has been paying dividends since 2000.
Novartis AG's last regular dividend was on Mar 7, 2024 (ex-date) with the amount of $7.517 per share.
On an annual basis NVS pays $7.52 per share.
Novartis AG's current dividend yield is 7.24%.
Novartis AG typically pays one dividend per year.
The dividend payout ratio of Novartis AG is 87.1%.
Novartis AG's dividend yield is higher than the Healthcare sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.