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Novo Nordisk AS (LTS:0TDD) Dividend Yield % : 1.37% (As of Dec. 15, 2024)


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What is Novo Nordisk AS Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Novo Nordisk AS is 1.37%.

Good Sign:

Novo Nordisk AS stock dividend yield is close to 2-year high.

The historical rank and industry rank for Novo Nordisk AS's Dividend Yield % or its related term are showing as below:

LTS:0TDD' s Dividend Yield % Range Over the Past 10 Years
Min: 0.78   Med: 1.77   Max: 4.17
Current: 1.37

During the past 13 years, the highest Dividend Yield of Novo Nordisk AS was 4.17%. The lowest was 0.78%. And the median was 1.77%.

LTS:0TDD's Dividend Yield % is ranked worse than
61.02% of 508 companies
in the Drug Manufacturers industry
Industry Median: 1.825 vs LTS:0TDD: 1.37

Novo Nordisk AS's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.57.

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

As of today (2024-12-15), the Forward Dividend Yield % of Novo Nordisk AS is 1.37%.

Novo Nordisk AS's Dividends per Share for the three months ended in Sep. 2024 was $0.52.

During the past 12 months, Novo Nordisk AS's average Dividends Per Share Growth Rate was 39.90% 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 AS 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Novo Nordisk AS Dividend Yield % Historical Data

The historical data trend for Novo Nordisk AS's Dividend Yield % 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 AS Dividend Yield % Chart

Novo Nordisk AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.86 1.31 1.19 1.00

Novo Nordisk AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial 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 1.14 1.00 1.07 0.95 1.22

Competitive Comparison of Novo Nordisk AS's Dividend Yield %

For the Drug Manufacturers - General subindustry, Novo Nordisk AS's Dividend Yield %, along with its competitors' market caps and 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 AS's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Novo Nordisk AS's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Novo Nordisk AS's Dividend Yield % falls into.



Novo Nordisk AS Dividend Yield % Calculation

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

Novo Nordisk AS Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5169022024-08-162024-08-162024-08-26Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.9298502024-03-222024-03-252024-04-02Cash Dividendsemi-annuallyUSD:USD 1.000000

* 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 AS's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.446752/105.4106
=1.37 %

Current Share Price is $105.4106.
Novo Nordisk AS's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.446752.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.033804/105.4106
=0.98 %

Current Share Price is $105.4106.
Novo Nordisk AS's Dividends per Share for the forward twelve months is calculated as $0.516902 * 2 = $1.033804.

* 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 AS  (LTS:0TDD) 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 AS Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Novo Nordisk AS's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Novo Nordisk AS Business Description

Address
Novo Alle 1, Bagsvaerd, DNK, 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.

Novo Nordisk AS Headlines

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