NVS Dividend History & Analysis | 3.7% Yield

NVS has a dividend yield of 3.7% and paid 3.99 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.68%

Payout Ratio 44.7%

Growth Rate CAGR 5y 4.28%

Consistency Lifetime 96.5%

Yield on Cost 5y 5.46%

Payout FCF 44.7%

Streak Years 26

Dividend Rating 63.29%

Dividends Cash Amount per Share Yearly

Dividend Growth Year over Year

5 Years Chart with Price and Dividend Yield

■ Yield (right) | ■ Price (left) | ┅ Avg Yield

Total Return 12m: 48%

Total Return 5y: 94%

Top Dividend Payers in Pharmaceuticals

Top 5 Dividend Yields of Peer-Group

Symbol	Market Cap USD	Dividend Yield TTM	Yield on Cost 5y
SIGA	473 M	10.4%	11.1%
PFE	143,792 M	7.07%	7.47%
GS71	102,088 M	4.19%	6.68%
SAN	116,026 M	4.30%	5.90%
SNY	117,190 M	4.43%	5.51%

Top 5 Dividend Growth Rates of Peer-Group

Symbol	Market Cap USD	Growth Rate	Consistency
ZTS	55,695 M	18.9%	100%
VIRP	3,499 M	17.9%	82.1%
LLY	972,826 M	15.3%	99.5%
BMY	113,717 M	14.0%	92.6%
MRK	64,599 M	12.0%	91.8%

Quality Dividend Peers in Pharmaceuticals

BMY

Bristol-Myers Squibb
6.08% Yield

MRK

Merck
3.70% Yield

JNJ

Johnson & Johnson
3.02% Yield

IPN

Ipsen
1.34% Yield

ZEG

AstraZeneca
2.08% Yield

NVS Dividend History: Last 26 Payments (USD) as of January 2026

Ex-Dividend Date	Record Date	Payment Date	Period	Dividend per Share	Dividend Growth Rate QoQ	Payout Yield
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%	4.54%
2022-03-08	2022-03-09	2022-03-17	Annual	3.357	-0.6%	4.47%
2021-03-04	2021-03-05	2021-03-15	Annual	3.378	11%	4.22%
2020-03-03	2020-03-04	2020-03-12	Annual	3.042	6.2%	N/A
2019-03-04	2019-03-05	2019-03-13	Annual	2.865	-3.8%	N/A
2018-03-06	2018-03-07	2018-04-25	Annual	2.977	8.4%	N/A
2017-03-01	2017-03-03	2017-04-20	Annual	2.746	-0.6%	N/A
2016-02-24	2016-02-26	2016-04-15	Annual	2.762	-2%	N/A
2015-03-02	2015-03-04	2015-04-20	Annual	2.817	3.6%	N/A
2014-02-27	2014-03-03	2014-04-10	Annual	2.719	7.5%	N/A
2013-02-26	2013-02-28	2013-04-05	Annual	2.53	2.8%	N/A
2012-02-27	2012-02-29	2012-04-05	Annual	2.46	4.5%	N/A
2011-02-24	2011-02-28	2011-04-08	Annual	2.353	18.4%	N/A
2010-03-02	2010-03-04	2010-04-13	Annual	1.987	15.5%	N/A
2009-02-24	2009-02-26	2009-04-06	Annual	1.72	16.8%	N/A
2008-02-26	2008-02-28	2008-04-11	Annual	1.472	36.2%	N/A
2007-03-06	2007-03-08	2007-04-10	Annual	1.081	20.9%	N/A
2006-02-28	2006-03-02	2006-04-03	Annual	0.894	-7.2%	N/A
2005-03-01	2005-03-03	2005-04-06	Annual	0.9637	19.6%	N/A
2004-02-24	2004-02-26	2004-03-30	Annual	0.806	15.1%	N/A
2003-03-04	2003-03-06	2003-04-07	Annual	0.7	34.1%	N/A
2002-03-21	2002-03-25	2002-04-22	Annual	0.522	4%	N/A
2001-03-22	2001-03-26	2001-04-20	Annual	0.502	-53.4%	N/A
2000-11-14				1.078	0%	N/A

NVS Dividend FAQ

Novartis AG (NYSE:NVS) is a Swiss-based, globally integrated pharmaceutical company that discovers, develops, manufactures, and markets a broad portfolio of prescription medicines across therapeutic areas such as cardiovascular-renal-metabolic, immunology, neuroscience, oncology, and hematology.

What is the Dividend Yield of NVS?

As of January 2026, NVS`s dividend yield is 3.68%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.99 USD by the current share price of 141.82.

Does NVS pay a dividend?

As of January 2026, NVS paid a dividend of 3.99 USD in the last 12 months. The last dividend was paid on 2025-03-12 and the payout was 3.994 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 2025-03-12.

NVS dividend forecast

Based on historical data, the forecasted dividends per share for NVS for the next 4 payments are between 4.13 (+3.4%) and 4.456 (+11.6%).
This indicates a solid dividend increase compared to the last payment.

Will NVS pay dividends in 2026?

The latest dividend paid per share was 3.994 USD with an Ex-Dividend Date of 2025-03-12. 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 4.28% 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 5.46%. If you bought NVS's shares at 73.09 USD five years ago, your current annual dividend income (3.99 USD per share, trailing 12 months) equals 5.46% of your original purchase price.

What is the Payout Consistency of NVS?

NVS Payout Consistency is 96.5%. 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 3.68% 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 44.7%. 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 63.29%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

NVS Outstanding Shares Analysis

What is the Trend in NVS's Outstanding Shares?

Novartis's outstanding shares have decreased by approximately 3.07% annually over the past 3 years (Trend Reliability: -100.0%).

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
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	1,940,000,000	-3.19%

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: 2026-01-07 02:38