NVO Dividend History & Yield

Novo Nordisk A/S · NYSE

Stock Healthcare Semi-annual payer HealthcareInternational
$44.56
-1.33% today
as of Sep 10, 2026
TTM yield
4.16%
$1.854/share over the last 12 months
Forward yield
2.60%
$1.158/share indicated annual rate
Annual dividend
$1.158
per share, forward
Per payment
$0.579
per share, every half-year
Frequency
Semi-annual
2 payments a year
Next ex-dividend date
Feb 15, 2027 Estimated
in 158 days
Next pay date
Mar 1, 2027
in 172 days
Last ex-dividend date
Aug 17, 2026
$0.579 per share
Payout ratio
44%
of earnings
Market cap
196.9B
P/E 10.9
5y dividend CAGR
+19.7%
annualised, regular payments
Growth streak
6 yrs
consecutive annual raises
Years paying
44.4
since Apr 23, 1982
1y total return
-17.8%
price -21.1% + dividends 3.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Feb 15, 2027 (in 158 days) Mar 1, 2027 $0.579 $57.90 Estimated
Mon, Aug 16, 2027 (in 340 days) Aug 30, 2027 $0.579 $57.90 Estimated

Estimated dates and amounts are projected from NVO's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.158 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Mar 25, 1999 to Aug 17, 2026; most recent $0.579$0.00$0.75$1.50Mar 25, 1999: $0.0082Mar '99Mar 24, 2000: $0.0117Nov 17, 2000: $0.0094Mar 21, 2001: $0.0159Mar 13, 2002: $0.0185Mar 26, 2003: $0.0261Mar '03Mar 17, 2004: $0.0372Mar 10, 2005: $0.042Mar 9, 2006: $0.0483Mar 8, 2007: $0.0609Mar 13, 2008: $0.0884Mar '08Mar 19, 2009: $0.1034Mar 25, 2010: $0.1407Mar 24, 2011: $0.1818Mar 22, 2012: $0.2497Mar 21, 2013: $0.3184Mar '13Mar 21, 2014: $0.415Mar 19, 2015: $0.38Mar 18, 2016: $0.482Aug 11, 2016: $0.2235Mar 23, 2017: $0.3315Mar '17Aug 17, 2017: $0.237Mar 23, 2018: $0.335Aug 17, 2018: $0.2335Mar 22, 2019: $0.3945Aug 16, 2019: $0.2245Aug '19Mar 27, 2020: $0.3935Aug 14, 2020: $0.259Mar 26, 2021: $0.4745Aug 16, 2021: $0.2785Mar 25, 2022: $0.518Mar '22Aug 12, 2022: $0.292Mar 24, 2023: $0.5945Aug 18, 2023: $0.442Mar 22, 2024: $0.93Aug 16, 2024: $0.513Aug '24Mar 31, 2025: $1.099Aug 18, 2025: $0.584Mar 30, 2026: $1.275Aug 17, 2026: $0.579

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.00$2.002017: $0.5685$0.568520172018: $0.5685$0.568520182019: $0.619$0.61920192020: $0.6525$0.652520202021: $0.753$0.75320212022: $0.81$0.8120222023: $1.0365$1.036520232024: $1.443$1.44320242025: $1.683$1.68320252026 (YTD): $1.854$1.8542026 YTD

How much NVO do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,037$46,176$1,200
$500 / month5,182$230,881$6,000
$1,000 / month10,363$461,762$12,000

Based on the forward yield of 2.60%. $10,000 in NVO would currently pay about $260 a year ($22 a month on average). Model reinvestment and growth →

NVO dividend history

Ex-datePay dateAmountChange
Aug 17, 2026 $0.579 -54.6%
Mar 30, 2026 $1.275 +118.3%
Aug 18, 2025 $0.584 -46.9%
Mar 31, 2025 $1.099 +114.2%
Aug 16, 2024 $0.513 -44.8%
Mar 22, 2024 $0.93 +110.4%
Aug 18, 2023 $0.442 -25.7%
Mar 24, 2023 $0.5945 +103.6%
Aug 12, 2022 $0.292 -43.6%
Mar 25, 2022 $0.518 +86.0%
Aug 16, 2021 $0.2785 -41.3%
Mar 26, 2021 $0.4745 +83.2%
Aug 14, 2020 $0.259 -34.2%
Mar 27, 2020 $0.3935 +75.3%
Aug 16, 2019 $0.2245 -43.1%
Mar 22, 2019 $0.3945 +69.0%
Aug 17, 2018 $0.2335 -30.3%
Mar 23, 2018 $0.335 +41.4%
Aug 17, 2017 $0.237 -28.5%
Mar 23, 2017 $0.3315 +48.3%
Aug 11, 2016 $0.2235 -53.6%
Mar 18, 2016 $0.482 +26.8%
Mar 19, 2015 $0.38 -8.4%
Mar 21, 2014 $0.415 +30.3%

Payout risk check

Yield-trap heuristicLow risk

NVO scores 20/100 on our yield-trap heuristic (low risk).

2 warning flags raised:

  • Payment was cut within the last 5 years
  • Share price down more than 15% over 1 year

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Novo Nordisk A/S

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products. It operates through two segments, Obesity and Diabetes Care, and Rare Disease. The Obesity and Diabetes care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy.

Sector: Healthcare. Industry: Drug Manufacturers - General. First dividend on our records: Apr 23, 1982. 59 payments tracked. Data last refreshed Sep 10, 2026. Spotted a mistake? Report it and we'll fix it.

NVO dividend FAQ

When is NVO's next ex-dividend date?

NVO's next ex-dividend date is Feb 15, 2027 (in 158 days, estimated from its semi-annual schedule). You must own the shares before that date to receive the payment of about $0.579 per share, expected on Mar 1, 2027.

How often does NVO pay dividends?

NVO pays dividends twice a year, 2 times a year. The most recent payment was $0.579 per share with an ex-date of Aug 17, 2026.

What is NVO's dividend yield?

NVO's trailing 12-month dividend yield is 4.16%, based on $1.854 per share paid over the last year and a share price of $44.56. The forward yield, using the indicated annual rate of $1.158 per share, is 2.60%.

How much does NVO pay per share?

NVO pays about $0.579 per share each half-year, which works out to roughly $1.158 per share a year. 100 shares would collect about $115.80 a year.

Has NVO grown or cut its dividend?

NVO has raised its annual dividend for 6 consecutive years. Over the last 5 years the regular payout has grown at 19.7% a year (+10.2% over the last year). NVO did cut a regular payment within the last 5 years.

How many shares of NVO do I need to earn $100 a month?

At the current forward yield of 2.60%, you would need about 1,037 shares of NVO (roughly $46,176 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive twice a year, so the monthly figure is an average.

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