NVS Dividend History & Analysis | 3.1% Yield

NVS has a dividend yield of 3.1% and paid 4.77 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.06%
Payout Ratio 44.4%
Growth Rate CAGR 5y 8.8%
Consistency Lifetime 100%
Yield on Cost 5y 6.3%
Payout FCF 57.5%
Streak Years 4
Dividend Rating 63.9%
Chowder Number yield + growth 11.9% below 12% target for healthy growth
Yield vs Average 5y -19.5% avg 3.8% vs now 3.06%
Debt / EBITDA leverage 1.9x healthy
Income per 10k invested 306 USD per year
Dividends Cash Amount per Share Yearly NVS annual dividends paid per share, showing the total cash Novartis distributed to shareholders each year.
Dividend Growth Year over Year NVS year-over-year dividend growth rate, showing how Novartis's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History NVS dividend yield history versus share price over the past 5 years, showing how Novartis's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Pharmaceuticals

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SAN PA
Sanofi
105,323 M 5.54% 5.83%
BMY NYSE
Bristol-Myers Squibb
124,035 M 4.71% 4.55%
GSK NYSE
GlaxoSmithKline
103,665 M 3.72% 5.64%
NVS NYSE
Novartis
290,961 M 3.06% 6.33%
TAK NYSE
Takeda Pharmaceutical
54,449 M 3.92% 4.61%
VTRS NASDAQ
Viatris
20,135 M 3.88% 4.28%
MRK NYSE
Merck
315,224 M 3.29% 5.08%
NOVN SW
Novartis
291,672 M 2.99% 5.65%
ORNBV HE
Orion
11,019 M 2.56% 5.66%
HLUN-B CO
H Lundbeck
6,454 M 3.08% 3.37%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
HLUN-B CO
H Lundbeck
6,454 M 26.64% 100.0%
SECT-B ST
Sectra (publ)
5,190 M 19.74% 99.2%
LLY NYSE
Eli Lilly
1,042,597 M 15.21% 100.0%
NVS NYSE
Novartis
290,961 M 8.79% 100.0%
MRK NYSE
Merck
315,224 M 5.41% 100.0%
RPRX NASDAQ
Royalty Pharma
33,502 M 5.47% 100.0%
SAN PA
Sanofi
105,323 M 5.39% 100.0%
JNJ NYSE
Johnson & Johnson
601,732 M 4.89% 100.0%
IPN PA
Ipsen
15,331 M 7.55% 98.0%
NOVN SW
Novartis
291,672 M 4.53% 100.0%

NVS Dividend History

Dividend Monthly Return EX date, 4.3 years of data

Jan - -
Feb - -
Mar 3.79% 100
Apr - -
May - -
Jun - -
Jul - -
Aug - -
Sep - -
Oct - -
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 5 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-03-11 2026-03-11 2026-03-16 Annual 4.773 +19.5% 3.06%
2025-03-12 2025-03-12 2025-04-25 Annual 3.994 +6.8% 3.66%
2024-03-07 2024-03-08 2024-04-19 Annual 3.74 +7.8% 3.72%
2023-03-09 2023-03-10 2023-03-20 Annual 3.469 +3.3% 4.3%
2022-03-08 2022-03-09 2022-03-17 Annual 3.357 0% 4.23%

NVS Dividend FAQ

What is the Dividend Yield of NVS?

As of July 2026, NVS's dividend yield is 3.06%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.77 USD by the current share price of 155.01.

Does NVS pay a dividend?

As of July 2026, NVS paid a dividend of 4.77 USD in the last 12 months. The last dividend was paid on 2026-03-11 and the payout was 4.773 USD.

How often does NVS pay dividends?

NVS pays dividends annually. Over the last 12 months, NVS has issued 1 dividend payments. The last dividend payment was made on 2026-03-11.

NVS dividend forecast

Based on historical data, the forecasted dividend per share for NVS for the next payment is 5.505 (+15.3%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 3.53%.

Will NVS pay dividends in 2026?

The latest dividend paid per share was 4.773 USD with an Ex-Dividend Date of 2026-03-11. The next Ex-Dividend date for Novartis (NVS) is currently unknown.

What is the next Ex-Dividend Date for NVS?

The next Ex-Dividend date for Novartis (NVS) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of NVS?

NVS's average dividend growth rate over the past 5 years is 8.79% per year. Strong growth: NVS's dividend growth is outpacing inflation.

What is the Yield on Cost of NVS?

NVS's 5-Year Yield on Cost is 6.33%. If you bought NVS's shares at 75.43 USD five years ago, your current annual dividend income (4.77 USD per share, trailing 12 months) equals 6.33% of your original purchase price.

What is the Payout Consistency of NVS?

NVS Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Novartis has a strong track record of consistent dividend payments over its lifetime.

Does NVS have a good Dividend Yield?

NVS's 3.06% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of NVS?

The Dividend Payout Ratio of NVS is 44.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of NVS?

NVS's Overall Dividend Rating is 63.88%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NVS Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in NVS's Outstanding Shares?

Novartis's outstanding shares have decreased by approximately 3.13% annually over the past 3 years (Trend Reliability: -98.8%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has NVS ever had a Stock Split?

Yes, the last stock split was on Apr 9, 2019 with a ratio of 1116:1000. This was a forward split: Each share became 1.12 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2000 2,654,545,500 0%
2001 2,557,243,300 -3.67%
2002 2,528,000,000 -1.14%
2003 2,478,000,000 -1.98%
2004 2,440,700,000 -1.51%
2005 2,344,000,000 -3.96%
2006 2,347,500,000 +0.15%
2007 2,312,100,000 -1.51%
2008 2,264,200,000 -2.07%
2009 2,268,200,000 +0.18%
2010 2,288,100,000 +0.88%
2011 2,424,000,000 +5.94%
2012 2,450,800,000 +1.11%
2013 2,469,000,000 +0.74%
2014 2,449,000,000 -0.81%
2015 2,418,000,000 -1.27%
2016 2,395,000,000 -0.95%
2017 2,348,000,000 -1.96%
2018 2,336,000,000 -0.51%
2019 2,292,000,000 -1.88%
2020 2,282,000,000 -0.44%
2021 2,253,000,000 -1.27%
2022 2,150,000,000 -4.57%
2023 2,065,000,000 -3.95%
2024 2,004,000,000 -2.95%
2025 1,929,000,000 -3.74%
2026 1,914,000,000 -0.78%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-15 02:37 UTC