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Novo Nordisk A/S (FRA:NOVA) Forward Dividend Yield %

: 1.49% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Novo Nordisk A/S is 1.49%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Novo Nordisk A/S is 1.10%.

FRA:NOVA's Forward Dividend Yield % is ranked worse than
62% of 150 companies
in the Biotechnology industry
Industry Median: 1.59 vs FRA:NOVA: 1.49

Novo Nordisk A/S's Dividends per Share for the three months ended in Dec. 2023 was €0.00.

During the past 12 months, Novo Nordisk A/S's average Dividends Per Share Growth Rate was 26.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Novo Nordisk A/S was 37.70% per year. The lowest was -30.80% per year. And the median was 16.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Biotechnology subindustry, Novo Nordisk A/S's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novo Nordisk A/S Forward Dividend Yield % Distribution

For the Biotechnology industry and Healthcare sector, Novo Nordisk A/S's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Novo Nordisk A/S's Forward Dividend Yield % falls into.



Novo Nordisk A/S Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Novo Nordisk A/S Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9292024-03-222024-03-252024-04-02Cash Dividendsemi-annuallyUSD:EUR 0.920000
USD 0.4382023-08-182023-08-212023-08-29Cash Dividendsemi-annuallyUSD:EUR 0.917000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Novo Nordisk A/S's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.70936/116.00
=1.47 %

Current Share Price is €116.00.
Novo Nordisk A/S's Dividends per Share for the forward twelve months is calculated as €0.85468 * 2 = €1.70936.

Novo Nordisk A/S's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.256326/116.00
=1.08 %

Current Share Price is €116.00.
Novo Nordisk A/S's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.256326.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Novo Nordisk A/S  (FRA:NOVA) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Novo Nordisk A/S Forward Dividend Yield % Related Terms

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Novo Nordisk A/S (FRA:NOVA) Business Description

Address
Novo Alle 1, Bagsvaerd, DNK, DK-2880
With roughly one third of the global branded diabetes treatment market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments such as GLP-1 therapy, oral antidiabetic agents, and obesity treatments. Novo also has a biopharmaceutical segment (constituting roughly 10% of revenue) that specializes in protein therapies for hemophilia and other disorders.