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.

NVO
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%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 30, 2026 | Apr 8, 2026 | $0.9158 | $0.9158 | 3.76% |
| Aug 18, 2025 | Aug 26, 2025 | $0.4116 | $0.4116 | 2.29% |
| Mar 31, 2025 | Apr 8, 2025 | $0.8191 | $0.8191 | 1.70% |
| Aug 16, 2024 | Aug 26, 2024 | $0.3623 | $0.3623 | 0.76% |
| Mar 22, 2024 | Apr 2, 2024 | $0.6634 | $0.6634 | 0.86% |
| Aug 18, 2023 | Aug 29, 2023 | $0.8763 | $0.4382 | 1.12% |
| Mar 24, 2023 | Apr 4, 2023 | $1.1806 | $0.5903 | 1.15% |
| Aug 12, 2022 | Aug 23, 2022 | $0.5777 | $0.2889 | 1.49% |
| Mar 25, 2022 | Apr 5, 2022 | $1.0224 | $0.5112 | 1.48% |
| Aug 16, 2021 | Aug 25, 2021 | $0.5503 | $0.2751 | 1.43% |
| Mar 26, 2021 | Apr 7, 2021 | $0.9221 | $0.4611 | 2.12% |
| Aug 14, 2020 | Aug 25, 2020 | $0.5178 | $0.2589 | 1.98% |
Historical Dividend Yield
Dividend Growth
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.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 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%.