Trailing Dividend / Share
$4.02
Novartis AG (NVS) Dividend History
Income profile from 1997 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.4%
Payout Ratio
55.9%
Sustainable
Dividend Streak
6 years
3-Second Income Check
Safety
55.9% payout ratio with sustainable safety profile.
Consistency
6 straight years of dividend increases.
Income Trend
Yield on cost is 3.7% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield2.4%
Trailing DPS$4.02
FrequencyAnnual
Payments / 12M2
Payout Safety
Earnings Payout55.9%
Earnings SafetySustainable
FCF Payout50.2%
FCF SafetyAdequate
Piotroski F-Score6/9
Growth
Growth Streak6 years
3Y CAGR14.9%
5Y CAGR10.3%
Yield on Cost (5Y)3.7%
YOC Trendrising
Total Returns
Buyback Yield2.9%
Total Shareholder Yield5.3%
1Y Total Return57.6%
5Y Total Return119.5%
Div Contribution (5Y)15.7%
Estimated $10K growth (return + dividends):
5Y ago$21,94710Y ago$32,15920Y ago$47,528
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (30 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Novartis AG distributes 55.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 50.2%, rated "Adequate".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
NVS has raised its dividend for 6 consecutive years, with a 3-year CAGR of 14.9% and 5-year CAGR of 10.3%.
Total Shareholder Returns
Beyond cash dividends, NVS returns capital through share repurchases. The combined picture: 2.4% dividend yield, 2.9% buyback yield, 5.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.7% and is currently rising. The 5-year total return is 119.5%, with dividends contributing 15.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,159 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$45.42
Avg/Payment$2.2710
Latest Change-5.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 11, 2026Latest | $3.1024 | ↓ -5.3% | 1.84% | Mar 16, 2026 |
| Mar 12, 2025 | $3.2771 | ↑ +2.5% | 3.02% | Apr 25, 2025 |
| Mar 7, 2024 | $3.1986 | ↑ +40.7% | 3.20% | Apr 19, 2024 |
| Mar 9, 2023 | $2.2742 | ↑ +5.2% | 3.00% | Mar 20, 2023 |
| Mar 8, 2022 | $2.1610 | ↑ +3.9% | 2.85% | Mar 17, 2022 |
| Mar 4, 2021 | $2.0794 | ↑ +3.6% | 2.63% | Mar 15, 2021 |
| Mar 3, 2020 | $2.0068 | ↓ -21.8% | 2.54% | Mar 12, 2020 |
| Mar 4, 2019 | $2.5672 | ↓ -3.8% | 3.44% | Mar 13, 2019 |
Annual Dividend History
30 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.10 | — | 1 | — | — | — | 3.5% |
| 2025 | $3.28 | 2.5% | 1 | $7.19 | 45.6% | 2.19x | 3.7% |
| 2024 | $3.20 | 40.7% | 1 | $5.87 | 54.5% | 1.84x | 3.6% |
| 2023 | $2.27 | 5.2% | 1 | $7.10 | 32.0% | 3.12x | 2.5% |
| 2022 | $2.16 | 3.9% | 1 | $3.17 | 68.2% | 1.47x | 2.4% |
| 2021 | $2.08 | 3.6% | 1 | $10.63 | 19.6% | 5.11x | 2.3% |
| 2020 | $2.01 | -21.8% | 1 | $3.52 | 57.0% | 1.75x | 2.2% |
| 2019 | $2.57 | -3.8% | 1 | $3.08 | 83.4% | 1.20x | 2.9% |
| 2018 | $2.67 | 8.4% | 1 | $5.38 | 49.6% | 2.02x | 3.0% |
| 2017 | $2.46 | -0.6% | 1 | $3.25 | 75.7% | 1.32x | 2.8% |
See NVS's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does NVS pay per share?
Novartis AG (NVS) pays a trailing 12-month dividend of $4.02 per share, with a current dividend yield of +2.4%. Payments are made Annual.
When is NVS's next ex-dividend date?
NVS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NVS typically pays dividends Annual.
Is NVS's dividend safe?
NVS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +55.9% and FCF payout ratio of +50.2%. The 6-year growth streak provides moderate confidence.
Is NVS a Dividend Payer?
Yes, Novartis AG is classified as a Dividend Payer with 6 consecutive years of dividend increases. The 5-year dividend CAGR is +10.3%, demonstrating above-inflation dividend growth.
How often does NVS pay dividends?
Novartis AG pays dividends Annual. The trailing 12-month total is $4.02 per share. Dividend data on this page covers 29+ years from 1997 to 2026.
How much would $10,000 invested in NVS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NVS five years ago would be worth approximately $21,947 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NVS's yield on cost for long-term holders?
NVS's yield on cost — the current dividend divided by the original purchase price — is +3.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.4% market yield, thanks to consistent dividend growth.