Novartis AG
NVSEFHealthcare · Stock · annual payer
Forward Yield
3.12%
Annual Dividend
$4.73
Payout Ratio
66%
5-Yr Growth
6.4%
Ex-Date
Mar 10, 2026
Frequency
Annual
Summary
As of July 2026, Novartis AG (NVSEF) yields 3.12% ($4.73 per share annually), with a blended fair-value estimate of $194.45 — +28% 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 3.12% ($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
- 71% total price return over 5 years
Risks
- Cut its dividend in 2019
Key Data
- Dividend Yield
- 3.12%
- Payout Ratio
- 66%
- 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
- $291.9B
- P/E Ratio
- 21.9
- 5-Yr Total Return
- 71%
- 52-Week Range
- $110.74 – $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
+16%
3 Years
+58%
5 Years
+71%
52-Week Range
$110.74 – $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 $194.45 per share, versus a market price of $151.90. That implies 28% of upside — a margin of safety of about 22%.
Fair Value
$194.45
Current Price
$151.90
Upside
+28%
Margin of Safety
22%
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 2.3% 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, $6.99 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
