SmarterDividends
NVS

Novartis (NVS) Dividend

Novartis AG · Healthcare · Drug Manufacturers - General · annual payer

$164.50

Fairly valued · -3% Add to Portfolio

As of Nov 5, 2026, Novartis (NVS) pays an annual dividend of $4.7730 per share, or $4.74 a year, a 2.87% yield at its $164.50 share price. It pays once a year, usually in March. It has raised its dividend 3 years in a row and has a dividend safety grade of C.

Forward Yield

2.87%

Annual Dividend

$4.74

Payout Ratio

90%

5-Yr Growth

5.6%

Ex-Date

Mar 11, 2026

Frequency

Annual

Key facts about NVS's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Novartis AG (NVS) has a forward dividend yield of 2.87%, based on an annual dividend of $4.74 per share and a share price of $164.50.
  • As of Nov 5, 2026, NVS's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Novartis AG (NVS) has raised its dividend for 3 consecutive years as of Nov 5, 2026.
  • NVS last cut its regular dividend in 2019.
  • NVS's most recent ex-dividend date was Mar 11, 2026, for a dividend of $4.77 per share.
  • As of Nov 5, 2026, NVS pays out 90% of its trailing 12-month earnings as dividends (its payout ratio).
  • NVS's dividend has grown at an average rate of 5.6% a year over the past five years.
  • As of Nov 5, 2026, NVS's 2.87% yield is 21% below its five-year average yield of 3.65%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for NVS is $159.20 per share, 3% below the $164.50 share price, so NVS screens as fairly valued.
  • Novartis AG (NVS) pays its dividend annual, once a year.
Cite this page

SmarterDividends, "NVS Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/NVS

Is NVS a good dividend stock?

Yes, with caveats

Novartis AG (NVS) pays a annual dividend yielding 2.87% ($4.74/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 5.6% 5-yr dividend growth
  • 102% total price return over 5 years

Risks

  • Cut its dividend in 2019
  • Elevated payout ratio (90%)

Key Data

Dividend Yield
2.87%
Payout Ratio
90%
Annual Dividend
$4.74
5-Yr Avg Growth
5.6%
Ex-Dividend Date
Mar 11, 2026
Years of Growth
3
Frequency
annual
Beta
0.46
Market Cap
$310.7B
P/E Ratio
31.4
5-Yr Total Return
102%
52-Week Range
$122.86 – $170.46
Dividend Safety
C · 58/100
Ever Cut?
Yes (2019)

NVS dividend changes

Novartis AG (NVS) pays a variable dividend: across the 26 payments on record since 2000, 19 were higher than the one before and 2 lower. The latest change was up 19.5% to $4.77 per share, going ex-dividend on Mar 11, 2026.

Ex-dateChangeOld → newMove
Mar 11, 2026Higher$3.99 → $4.77+19.5%
Mar 12, 2025Higher$3.74 → $3.99+6.8%
Mar 7, 2024Higher$3.47 → $3.74+7.8%
Mar 9, 2023Higher$3.36 → $3.47+3.3%
Mar 4, 2021Higher$3.04 → $3.38+11.0%
Mar 3, 2020Higher$2.57 → $3.04+18.5%
Mar 4, 2019Lower$2.67 → $2.57−3.8%
Mar 6, 2018Higher$2.46 → $2.67+8.4%
Feb 24, 2016Lower$2.52 → $2.47−2.0%
Mar 2, 2015Higher$2.44 → $2.52+3.6%
Feb 27, 2014Higher$2.27 → $2.44+7.5%
Feb 26, 2013Higher$2.20 → $2.27+2.8%
Every NVS payment →Download every raise and cut (CSV)
NVS ex-dividend date & scheduleNext ex-date Mar 11, 2026 · full ex-dividend historyView →NVS dividend historyEvery payment, totals by year, raises and cutsView →NVS dividend calculator100 shares pay $474.00 a year, $474.00 each yearCalculate →NVS total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is NVS a good dividend stock?

Yes, with caveats. Novartis AG (NVS) pays a annual dividend yielding 2.87% ($4.74/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is NVS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NVS's fair value is about $159.20 versus a $164.50 share price — so it looks fairly valued (-3% vs. fair value).

Is NVS's dividend safe?

NVS has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2019, debt and yield-versus-history.

What is NVS's fair value?

Our blended fair-value estimate for NVS is about $159.20 per share, about 3% below the current $164.50 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NVS a buy, hold, or sell?

We don't issue formal ratings, but on the data NVS screens as "yes, with caveats" and fairly valued. Novartis AG (NVS) pays a annual dividend yielding 2.87% ($4.74/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will NVS cut its dividend?

NVS earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2019). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NVS pay a dividend?

Yes. Novartis AG pays a annual dividend of about $4.74 per share annually, a forward yield of roughly 2.87%.

How much dividend does 100 shares of NVS pay?

At $4.74 per share a year, 100 shares of NVS pay $474.00 a year in dividends before tax, about $474.00 each year. Buying them costs about $16,450 at the Nov 5, 2026 price.

What is NVS's dividend yield?

As of Nov 5, 2026, NVS's forward dividend yield is 2.87%, based on a $4.74 annual dividend and a $164.50 share price.

What is NVS's dividend per share?

As of Nov 5, 2026, NVS pays $4.74 per share per year, distributed on a annual basis.

What is NVS's dividend payout ratio?

As of Nov 5, 2026, NVS's payout ratio is 90% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has NVS grown its dividend?

As of Nov 5, 2026, NVS has increased its dividend for 3 consecutive years.

When is the next NVS ex-dividend date?

As of Nov 5, 2026, NVS's next ex-dividend date hasn't been announced. The most recent was Mar 11, 2026, for $4.77 per share.

Income Calculator

At $4.74 / yr per share

Per payment (annual)$474.00
Annual$474.00
Monthly avg$39.50
Full NVS dividend calculator →

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