GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Novo Nordisk A/S (OTCPK:NONOF) » Definitions » Dividend Payout Ratio

Novo Nordisk A/S (Novo Nordisk A/S) Dividend Payout Ratio

: 0.00 (As of Dec. 2023)
View and export this data going back to . Start your Free Trial

Novo Nordisk A/S's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Novo Nordisk A/S's Dividend Payout Ratio or its related term are showing as below:

NONOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.46   Max: 0.62
Current: 0.38


During the past 13 years, the highest Dividend Payout Ratio of Novo Nordisk A/S was 0.62. The lowest was 0.33. And the median was 0.46.

NONOF's Dividend Payout Ratio is ranked better than
51.54% of 130 companies
in the Biotechnology industry
Industry Median: 0.4 vs NONOF: 0.38

As of today (2024-04-18), the Dividend Yield % of Novo Nordisk A/S is 1.11%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Novo Nordisk A/S was 4.17%. The lowest was 0.78%. And the median was 1.86%.

Novo Nordisk A/S's Dividends per Share for the 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.


Novo Nordisk A/S Dividend Payout Ratio Historical Data

The historical data trend for Novo Nordisk A/S's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Novo Nordisk A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.18 0.46 0.42 0.39

Novo Nordisk A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.93 - 0.60 -

Competitive Comparison

For the Biotechnology subindustry, Novo Nordisk A/S's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

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

* The bar in red indicates where Novo Nordisk A/S's Dividend Payout Ratio falls into.



Novo Nordisk A/S Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Novo Nordisk A/S's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.035/ 2.68
=0.39

Novo Nordisk A/S's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.718
=0.00

* 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 (OTCPK:NONOF) Dividend Payout Ratio Explanation

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.


Novo Nordisk A/S Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Novo Nordisk A/S's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Novo Nordisk A/S (Novo Nordisk A/S) 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.