ABBV vs NVO: Which Is the Better Dividend Stock?
As of Nov 6, 2026, ABBV and NVO are closely matched. NVO offers the higher yield at 4.46%, ABBV has the higher dividend-safety score, and NVO looks like the better value (its fair-value estimate is 67% above its share price).
Key facts: ABBV vs NVO
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Novo Nordisk A/S (NVO) has the higher forward dividend yield at 4.46%, versus 2.40% for AbbVie Inc. (ABBV).
- As of Nov 6, 2026, SmarterDividends grades ABBV's dividend safety A (80/100) and NVO's B (71/100).
- By SmarterDividends' count as of Nov 6, 2026, ABBV has raised its dividend for 12 consecutive years and NVO for 7.
- As of Nov 6, 2026, ABBV pays out 117% of its earnings as dividends and NVO pays out 45%.
- As of Nov 6, 2026, ABBV's fair-value estimate is 33% below its share price and NVO's fair-value estimate is 67% above its share price, so NVO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ABBV vs NVO: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/abbv-vs-nvo
| Metric | ABBV | NVO |
|---|---|---|
| Forward yield | 2.40% | 4.46% |
| Annual dividend | $6.92 | $1.80 |
| Payout ratio | 117% | 45% |
| Years of growth | 12 yr | 7 yr |
| 5-yr dividend growth | 6.8% | 20.9% |
| 5-yr total return | 156% | -25% |
| Dividend safety score | 80 (A) | 71 (B) |
| Fair value estimate | $192.09 | $67.11 |
| Upside to fair value | -33% | +67% |
| Frequency | quarterly | semiannual |
| Market cap | $509.5B | $177.7B |
| P/E ratio | 50.7 | 10.2 |
Higher yield
NVO
4.46%
Safer dividend
ABBV
Grade A
Faster growth
NVO
20.9%
Better value
NVO
+67% upside
ABBV vs NVO — FAQ
Is ABBV or NVO a better dividend stock?
ABBV and NVO are closely matched. NVO has the higher yield; ABBV scores better on safety.
Which has a higher dividend yield, ABBV or NVO?
NVO has the higher forward dividend yield at 4.46%, versus 2.40% for ABBV.
Is ABBV or NVO safer?
ABBV has the higher dividend-safety score (80/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is ABBV or NVO better value right now?
As of Nov 6, 2026, NVO looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For ABBV, its fair-value estimate is 33% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.