SmarterDividends
NONOF

Novo Nordisk A/S

NONOF

Healthcare · Stock · semiannual payer

Forward Yield

4.08%

Annual Dividend

$1.81

Payout Ratio

43%

5-Yr Growth

28.5%

Ex-Date

Mar 27, 2026

Frequency

Semiannual

NONOF Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2017
Earnings payout coverage43% of earnings paid out
Balance-sheet strengthDebt/equity of 0.72
Yield vs its historyYield is 2.8× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NONOF a good dividend stock?

Mixed

Novo Nordisk A/S (NONOF) pays a semiannual dividend yielding 4.08% ($1.81/yr), with 6 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (43%)
  • Strong 28.5% 5-yr dividend growth

Risks

  • Cut its dividend in 2017

Key Data

Dividend Yield
4.08%
Payout Ratio
43%
Annual Dividend
$1.81
5-Yr Avg Growth
28.5%
Ex-Dividend Date
Mar 27, 2026
Years of Growth
6
Frequency
semiannual
Beta
0.35
Market Cap
$195.8B
P/E Ratio
10.4
5-Yr Total Return
7%
52-Week Range
$34.00 – $82.50
Dividend Safety
C · 55/100
Ever Cut?
Yes (2017)
NONOF ex-dividend date & scheduleNext ex-date Mar 27, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.81 / yr per share

Per payment (semiannual)$90.50
Annual$181.00
Monthly avg$15.08