Novartis AG's last annual dividend was on Mar 7, 2024 (ex-date) with a distribution of $3.777 per share. On an annualized basis, the company has a current payout of $3.78 per share. This brings the dividend yield to 3.88% based on its recent close price. The latest dividend marks an increase of $0.28, or 8% from the previous dividend.
Novartis AG's dividend yield of 3.88% 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 102% higher. Historically NVS's dividend yield has averaged at 4.0% in the last 5 years, which is in line with the current one.
Novartis AG has been paying dividends since 2000. NVS has issued one annual dividend in the last twelve months. The annualized DPS marks an increase of 8% since one year ago. And with the stock price down by 5% from a year ago, the dividend yield marks an increase of 14%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Mar 7, 2024 | Feb 12, 2024 | $3.777 | normal | |
Mar 9, 2023 | Mar 20, 2023 | Feb 2, 2023 | $3.499 | normal |
Mar 8, 2022 | Mar 17, 2022 | Feb 3, 2022 | $3.325 | normal |
Mar 4, 2021 | Mar 15, 2021 | Jan 26, 2021 | $3.199 | normal |
Mar 3, 2020 | Mar 12, 2020 | Jan 31, 2020 | $3.087 | normal |
Mar 4, 2019 | Mar 13, 2019 | $2.834 | normal |
Novartis AG's payout ratio of 51% is above the Healthcare sector average but below the industry average. Compared to its Healthcare sector average of 34.8%, Novartis AG's payout ratio is 47% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PFE Pfizer Inc | 6.5% | $1.65 | 434.2% |
BMY Bristol Myers Squibb Co | 5.22% | $2.34 | N/A |
NVS Novartis AG | 3.88% | $3.78 | 51% |
JNJ Johnson & Johnson | 3.26% | $4.76 | 34.3% |
MRK Merck & Co Inc | 2.29% | $3 | 2,142.9% |
ABT Abbott Laboratories | 1.97% | $2.12 | 64.6% |
AZN Astrazeneca plc | 1.93% | $1.45 | 70.7% |
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 $3.777 per share.
On an annual basis NVS pays $3.78 per share.
Novartis AG's current dividend yield is 3.88%.
Novartis AG typically pays one dividend per year.
The dividend payout ratio of Novartis AG is 51%.
Novartis AG's dividend yield is higher than the Healthcare sector average.