Does NVO pay a dividend?

Yes. Novo Nordisk A/S pays a semi-annual dividend, currently yielding 4.63% based on trailing twelve-month payments of $1.80 per share.

How much does NVO pay in dividends?

$1.80 per share over the last twelve months, paid semi-annual. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next NVO ex-dividend date?

No upcoming ex-dividend date is currently on record for NVO. Dates appear here once the company declares them.

NVO Dividend

Novo Nordisk A/S

NYSEHealthcareStockData as of August 17, 2026

Dividend yield: 4.63%
Annual dividend: $1.80
Payout ratio: 0.45
Frequency: Semi-Annual
Share price: $38.80
Market cap: $172B

Is NVO a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median4.63% against a median of 2.92% across US dividend payers.
Dividend is comfortably coveredA payout ratio of 0.45 means roughly 45% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut 8 timesAcross 41 complete years, the annual total fell in 2015, 2017, 2019 and earlier. The most recent reduction was in 2019.
Raised for 6 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

NVO dividend history

Annual dividend per share, 1985 to 2025.

Peak $1.73 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for NVO, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 17, 2026	August 25, 2026	$0.5786	Semi-Annual
March 30, 2026	April 8, 2026	$1.2174	Semi-Annual
August 18, 2025	August 26, 2025	$0.5843	Semi-Annual
March 31, 2025	April 8, 2025	$1.1426	Semi-Annual
August 16, 2024	August 26, 2024	$0.5169	Semi-Annual
March 22, 2024	April 2, 2024	$0.9293	Semi-Annual
August 18, 2023	August 29, 2023	$0.8763	Semi-Annual
March 24, 2023	April 4, 2023	$1.1806	Semi-Annual
August 12, 2022	August 23, 2022	$0.5778	Semi-Annual
March 25, 2022	April 5, 2022	$1.0224	Semi-Annual
August 16, 2021	August 25, 2021	$0.5503	Semi-Annual
March 26, 2021	April 7, 2021	$0.9221	Semi-Annual
August 14, 2020	August 25, 2020	$0.5178	Semi-Annual
March 27, 2020	April 7, 2020	$0.7826	Semi-Annual
August 16, 2019	August 27, 2019	$0.4494	Semi-Annual
March 22, 2019	April 2, 2019	$0.7770	Semi-Annual
August 17, 2018	August 28, 2018	$0.4623	Semi-Annual
March 23, 2018	April 3, 2018	$0.8060	Semi-Annual
August 17, 2017	August 29, 2017	$0.4738	Semi-Annual
March 23, 2017	April 4, 2017	$0.6704	Semi-Annual
August 11, 2016	August 23, 2016	$0.4535	Semi-Annual
March 18, 2016	March 30, 2016	$0.9581	Annual
March 19, 2015	March 31, 2015	$0.7300	Annual
March 21, 2014	April 2, 2014	$0.8303	Annual
March 21, 2013	April 2, 2013	$3.1018	Annual
March 22, 2012	April 3, 2012	$2.5095	Annual
March 24, 2011	April 5, 2011	$1.8860	Annual
March 25, 2010	April 7, 2010	$1.3592	Annual
March 19, 2009	March 31, 2009	$1.0855	Annual
March 13, 2008	March 25, 2008	$0.9423	Annual
March 8, 2007	March 20, 2007	$1.2386	Annual
March 9, 2006	March 21, 2006	$0.9608	Annual
March 10, 2005	March 22, 2005	$0.8573	Annual
March 17, 2004	March 29, 2004	$0.7236	Annual
March 26, 2003	April 7, 2003	$0.5229	Annual
March 13, 2002	March 25, 2002	$0.3956	Annual
March 21, 2001	April 2, 2001	$0.7890	Annual
March 24, 2000	April 6, 2000	$0.6230	Annual
March 25, 1999	April 6, 1999	$0.5576	Annual
March 27, 1998	April 8, 1998	$0.3051	Annual

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Frequently asked questions

Does NVO pay a dividend?: Yes. Novo Nordisk A/S pays a semi-annual dividend, currently yielding 4.63% based on trailing twelve-month payments of $1.80 per share.
How much does NVO pay in dividends?: $1.80 per share over the last twelve months, paid semi-annual. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next NVO ex-dividend date?: No upcoming ex-dividend date is currently on record for NVO. Dates appear here once the company declares them.