Is Novo Nordisk A/S a good dividend stock?

Novo Nordisk A/S (NVO) is a dividend-paying stock with a current dividend yield of 3.65%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is NVO's dividend yield?

The dividend yield for NVO stock is currently 3.65%.

How much does NVO pay in dividends per year?

Novo Nordisk A/S pays an annual dividend of $1.8055 per share over the trailing twelve months.

How often does NVO pay dividends?

NVO stock pays dividends bi-annually.

Is NVO's dividend growing?

Novo Nordisk A/S's 3-year dividend CAGR is 27.11%.

NVO Stock Price, Chart, Stats & News

Novo Nordisk A/S

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Overview Dividend safety Dividends Fundamentals

Novo Nordisk A/S (NVO) is a dividend-paying stock with a current dividend yield of 3.65% as of Jul 10, 2026. It pays $1.81 per share over the trailing twelve months and distributes bi-annually. Its dividend has grown at a 20.19% 5-year compound annual rate.

219.88B

Market cap

12.28x

Current P/E

14.64x

Forward P/E

3.65%

Dividend yield

$1.81

NVO dividend

Dividend safety

Strong

Dividend coverage looks healthy — NVO pays out about 45% of earnings.

See the safety analysis

NVO chart

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Fundamentals

Gross margin	80.98%
Operating margin	41.36%
Pretax margin	42.24%
Net margin	33.14%
Effective tax rate	21.53%
ROA	18.82%
ROE	60.96%
D/E	0.67x
Interest coverage ratio	19.57x

All financials

NVO valuation

P/E	12.28x
P/S	3.37x
P/B	5.36x
P/CF	8.73x
P/FCF	18.50x
P/OCF	8.73x
PEG	-1.31x
EV multiple	5.82x

About

Health care

Sector

Drug Manufacturers - General

Industry

Novo Nordisk A/S is a global pharmaceutical firm dedicated to the investigation, creation, manufacturing, and distribution of medicinal products across a vast international footprint. Its market presence extends throughout Europe, the Middle East, Africa, various parts of Asia (including Mainland China, Hong Kong, and Taiwan), and North America. The company's operations are structured into two principal business units: Diabetes and Obesity Care, and Rare Disease.