NVO Dividend History & Yield Analysis

NVO has 36 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
4.13%
Forward yield
2.58%
Dividend per share (TTM)
$1.85
Annualized rate
$1.16
Payout frequency
Semi-annual
Last payment
$0.5790
5-year dividend CAGR
20.87%
Consecutive growth years
7

Yields calculated against a market price of $44.88.

Annual Dividend History

  • 2026$1.85
  • 2025$1.68
  • 2024$1.44
  • 2023$1.04
  • 2022$0.8100
  • 2021$0.7530
  • 2020$0.6525
  • 2019$0.6190
  • 2018$0.5685
  • 2017$0.5685
  • 2016$0.7055
  • 2015$0.3800
  • 2014$0.4150
  • 2013$0.3184
  • 2012$0.2497
  • 2011$0.1818
  • 2010$0.1407
  • 2009$0.1034
  • 2008$0.0884
  • 2007$0.0609
  • 2006$0.0483
  • 2005$0.0420
  • 2004$0.0373
  • 2003$0.0262
  • 2002$0.0185

NVO Payout History & Ex-Dividend Dates

NVO dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-08-012026-08-17$0.5790
2026-03-012026-03-30$1.27
2025-08-012025-08-18$0.5840
2025-03-012025-03-31$1.10
2024-08-012024-08-16$0.5130
2024-03-012024-03-22$0.9300
2023-08-012023-08-18$0.4420
2023-03-012023-03-24$0.5945
2022-08-012022-08-12$0.2920
2022-03-012022-03-25$0.5180
2021-08-012021-08-16$0.2785
2021-03-012021-03-26$0.4745
2020-08-012020-08-14$0.2590
2020-03-012020-03-27$0.3935
2019-08-012019-08-16$0.2245
2019-03-012019-03-22$0.3945
2018-08-012018-08-17$0.2335
2018-03-012018-03-23$0.3350
2017-08-012017-08-17$0.2370
2017-03-012017-03-23$0.3315
2016-08-012016-08-11$0.2235
2016-03-012016-03-18$0.4820
2015-03-012015-03-19$0.3800
2014-03-012014-03-21$0.4150
2013-03-012013-03-21$0.3184
2012-03-012012-03-22$0.2497
2011-03-012011-03-24$0.1818
2010-03-012010-03-25$0.1407
2009-03-012009-03-19$0.1034
2008-03-012008-03-13$0.0884
2007-03-012007-03-08$0.0609
2006-03-012006-03-09$0.0483
2005-03-012005-03-10$0.0420
2004-03-012004-03-17$0.0373
2003-03-012003-03-26$0.0262
2002-03-012002-03-13$0.0185

Does NVO pay dividends?

Yes. NVO pays on a semi-annual schedule, most recently $0.5790 per share with an ex-dividend date of 2026-08-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the NVO yield is calculated

The trailing yield divides the last twelve months of dividends per share ($1.85) by the latest market price. The forward yield annualizes the most recent payment across 2 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the NVO DCF fair value page for the cash flow behind it.