Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
Novartis (NVS) — Dividend Profile
Health Care·Biotechnology: Pharmaceutical Preparations
10y payment streak7y growth streakActiveAnnual
Forward Yield
3.10%
@ $152.73
TTM Yield
3.10%
Forward Annual
$4.74
Annual
Market Cap
$287.7b
Payout (FCF)
79%
1.3x covered
Payout (Earnings)
133%
Latest Amount
$4.7402
Ex 2026-03-11
3y CAGR
10.7%
5y CAGR
8.2%
10y CAGR
—
Next Ex-Date
—
Last recorded cut on or near 2019-03-04.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WatchYield Trap: Yellow1 of 6 red flags · 2 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Safe (6.30)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
Elevated (22.2%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
8/9 (Strong)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
No coverage
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
No coverage
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
⚠ Fired
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
✓ OK
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
⚠ Fired
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
✓ OK
6m return < -25%
Current 6m return: +5.8%
✓ OK
Dividend Capture Stats
Measures how this stock has historically behaved around its ex-dividend dates over the last 10 years. Pre-tax, pre-commission, before-slippage. Based on 7 settled events.
Median Ex-Date Drop
-3.74%
Pre-close → ex-close. Clean ex-dates drop by ~the dividend amount.
Recovery Rate
86%
6 of 7 events recovered within 90 days
Median Recovery Time
9 days
5 – 35 days IQR
Avg Capture Yield
3.77%
Per-cycle return when capture succeeds
Disclaimer: Historical capture statistics are descriptive, not predictive. Past recovery patterns don’t guarantee future ones. The "naive capture" math also ignores taxes (qualified-dividend treatment vs. short-term gains can swing outcomes significantly).
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (10)
Ex-Date▼AmountFrequencyPay DateType
2026-03-11$4.7402Annual2026-03-16recurring
2025-03-12$3.9940Annual2025-04-25recurring
2024-03-07$3.7395Annual2024-04-19recurring
2023-03-09$3.4987Annual2023-03-20recurring
2022-03-08$3.3253Annual2022-03-17recurring
2021-03-04$3.1991Annual2021-03-15recurring
2020-03-03$3.0874Annual2020-03-12recurring
2019-03-04$2.8341Annual2019-03-13recurring
2018-03-06$2.9365Annual2018-04-25recurring
2017-03-01$2.7178Annual2017-04-20recurring
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