Novartis AG
NVSEFHealthcare · Stock · annual payer
Forward Yield
2.88%
Annual Dividend
$4.73
Payout Ratio
70%
5-Yr Growth
6.4%
Ex-Date
Mar 10, 2026
Frequency
Annual
Summary
As of September 2026, Novartis AG (NVSEF) yields 2.88% ($4.73 per share annually), with a blended fair-value estimate of $192.03 — +17% upside, so it screens as undervalued. Dividend safety grade: C (61/100). 6 years of dividend growth.
Is NVSEF a good dividend stock?
Yes, with caveatsNovartis AG (NVSEF) pays a annual dividend yielding 2.88% ($4.73/yr), with 6 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 6.4% 5-yr dividend growth
- 111% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 2.88%
- Payout Ratio
- 70%
- Annual Dividend
- $4.73
- 5-Yr Avg Growth
- 6.4%
- Ex-Dividend Date
- Mar 10, 2026
- Years of Growth
- 6
- Frequency
- annual
- Beta
- 0.49
- Market Cap
- $312.2B
- P/E Ratio
- 24.8
- 5-Yr Total Return
- 111%
- 52-Week Range
- $118.02 – $171.29
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2019)
Frequently Asked Questions
NVSEF Price — Last 12 Months
Daily close
Price Return
1 Year
+33%
3 Years
+69%
5 Years
+111%
52-Week Range
$118.02 – $171.29
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NVSEF worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Novartis AG is $192.03 per share, versus a market price of $164.25. That implies 17% of upside — a margin of safety of about 14%.
Fair Value
$192.03
Current Price
$164.25
Upside
+17%
Margin of Safety
14%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.8% annual free-cash-flow growth. We model 10.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 10.4% stage-1 growth, 2.5% terminal growth, $6.62 EPS, $4.73 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NVSEF Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 11, 2025 | — | $3.9760 | regular |
| Mar 7, 2024 | — | $3.7410 | regular |
| Mar 9, 2023 | — | $3.2237 | regular |
| Mar 8, 2022 | — | $3.1744 | regular |
| Mar 4, 2021 | — | $3.0938 | regular |
| Mar 3, 2020 | — | $2.9147 | regular |
| Mar 4, 2019 | — | $2.3902 | regular |
| Mar 6, 2018 | — | $2.4966 | regular |
| Mar 2, 2017 | — | $2.2846 | regular |
| Feb 25, 2016 | — | $2.2888 | regular |
| Mar 3, 2015 | — | $2.2737 | regular |
| Feb 27, 2014 | — | $2.3056 | regular |
Income Calculator
At $4.73 / yr per share
