Novo Nordisk (NVO) Dividend History & Yield

Novo Nordisk (NVO) has increased its dividend for 2 consecutive years and currently yields 3.59%. The most recent payment was $0.9158/share on Mar 30, 2026, paid Semi-Annual.

Current Yield

3.59%

TTM Dividend/Share

$1.33

Payment Frequency

Semi-Annual

Payout Ratio

50.5%

Consecutive Growth Years

2

Div Growth (1Y CAGR)

19.96%

Div Growth (5Y CAGR)

13.61%

Div Growth (10Y CAGR)

12.92%

Dividend Safety Score

3 out of 5 checks passed

Payout ratio below 75%

Payout ratio is 50.5%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($6.52) covers dividend/share ($1.33).

No dividend cuts in 10+ years

10 dividend cut(s) in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

Only 2 consecutive year(s) of dividend growth.

Dividend Payment History

Yield values are for each row's ex-date, not today's live yield.

  • Ex-date Mar 30, 2026

    Payment date
    Apr 8, 2026
    Dividend
    $0.9158
    Adj. dividend
    $0.9158
    Yield (ex-date)
    3.76%
  • Ex-date Aug 18, 2025

    Payment date
    Aug 26, 2025
    Dividend
    $0.4116
    Adj. dividend
    $0.4116
    Yield (ex-date)
    2.29%
  • Ex-date Mar 31, 2025

    Payment date
    Apr 8, 2025
    Dividend
    $0.8191
    Adj. dividend
    $0.8191
    Yield (ex-date)
    1.70%
  • Ex-date Aug 16, 2024

    Payment date
    Aug 26, 2024
    Dividend
    $0.3623
    Adj. dividend
    $0.3623
    Yield (ex-date)
    0.76%
  • Ex-date Mar 22, 2024

    Payment date
    Apr 2, 2024
    Dividend
    $0.6634
    Adj. dividend
    $0.6634
    Yield (ex-date)
    0.86%
  • Ex-date Aug 18, 2023

    Payment date
    Aug 29, 2023
    Dividend
    $0.8763
    Adj. dividend
    $0.4382
    Yield (ex-date)
    1.12%
  • Ex-date Mar 24, 2023

    Payment date
    Apr 4, 2023
    Dividend
    $1.1806
    Adj. dividend
    $0.5903
    Yield (ex-date)
    1.15%
  • Ex-date Aug 12, 2022

    Payment date
    Aug 23, 2022
    Dividend
    $0.5777
    Adj. dividend
    $0.2889
    Yield (ex-date)
    1.49%
  • Ex-date Mar 25, 2022

    Payment date
    Apr 5, 2022
    Dividend
    $1.0224
    Adj. dividend
    $0.5112
    Yield (ex-date)
    1.48%
  • Ex-date Aug 16, 2021

    Payment date
    Aug 25, 2021
    Dividend
    $0.5503
    Adj. dividend
    $0.2751
    Yield (ex-date)
    1.43%
  • Ex-date Mar 26, 2021

    Payment date
    Apr 7, 2021
    Dividend
    $0.9221
    Adj. dividend
    $0.4611
    Yield (ex-date)
    2.12%
  • Ex-date Aug 14, 2020

    Payment date
    Aug 25, 2020
    Dividend
    $0.5178
    Adj. dividend
    $0.2589
    Yield (ex-date)
    1.98%

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 3.46%5Y: 1.71%10Y: 2.13%

Dividend Growth

CAGR (per year)1Y: 19.96%5Y: 13.61%10Y: 12.92%↑ Accelerating

Dividend Increase Track Record

Novo Nordisk has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 2 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$1.2306
2025$1.0258$1.2306+20.0%
2024$1.0285$1.0258-0.3%
2023$0.8001$1.0285+28.5%
2022$0.7362$0.8001+8.7%
2021$0.6502$0.7362+13.2%
2020$0.6132$0.6502+6.0%
2019$0.6341$0.6132-3.3%
2018$0.5721$0.6341+10.8%
2017$0.7058$0.5721-18.9%
2016$0.3650$0.7058+93.4%
2015$0.4152$0.3650-12.1%
2014$0.3102$0.4152+33.8%
2013$0.2510$0.3102+23.6%
2012$0.1886$0.2510+33.1%
2011$0.1359$0.1886+38.8%
2010$0.1085$0.1359+25.2%
2009$0.0942$0.1085+15.2%
2008$0.0619$0.0942+52.2%
2007$0.0480$0.0619+28.9%
2006$0.0429$0.0480+12.1%
2005$0.0362$0.0429+18.5%
2004$0.0261$0.0362+38.4%
2003$0.0198$0.0261+32.2%
2002$0.0158$0.0198+25.3%
2001$0.0125$0.0158+26.6%
2000$0.0112$0.0125+11.7%
1999$0.0061$0.0112+82.8%
1998$0.0057$0.0061+7.4%
1997$0.0043$0.0057+33.7%
1996$0.0039$0.0043+9.9%
1995$0.0026$0.0039+46.5%
1994$0.0028$0.0026-4.9%
1993$0.0027$0.0028+3.5%
1992$0.0030$0.0027-10.6%
1991$0.0031$0.0030-3.8%
1990$0.0023$0.0031+34.7%
1989$0.0026$0.0023-11.3%
1988$0.0021$0.0026+26.1%
1987$0.0025$0.0021-15.8%
1986$0.0019$0.0025+32.8%
1985$0.0019

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Frequently asked questions

Does Novo Nordisk pay dividends?

Yes, Novo Nordisk (NVO) pays semi-annual dividends of approximately $1.33 per share annually, yielding 3.59%.

What is Novo Nordisk's dividend yield?

Novo Nordisk (NVO) has a current dividend yield of 3.59%.

Is Novo Nordisk's dividend safe?

Novo Nordisk (NVO) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Novo Nordisk increased its dividend?

Novo Nordisk (NVO) has 2 consecutive years of dividend increases.

What is Novo Nordisk's dividend payout ratio?

Novo Nordisk (NVO) has a dividend payout ratio of 50.5%.