Novartis India Limited operates as a healthcare company in India. It offers therapeutic products in the areas of bone and pain products under the Voveran brand; transplantation immunology products under the Simulect, Certican, Sandimmun, Neoral, and Myfortic brands; and neurosciences products under the Tegrital and Exelon brands. The company was incorporated in 1947 and is based in Mumbai, India. Novartis India Limited is a subsidiary of Novartis AG.
Novartis India Dividend Announcement
• Novartis India announced a annually dividend of ₹25.00 per ordinary share which will be made payable on 2024-08-05. Ex dividend date: 2024-07-23 • Novartis India annual dividend for 2024 was ₹25.00 • Novartis India annual dividend for 2023 was ₹47.50 • Novartis India's trailing twelve-month (TTM) dividend yield is 2.34%
Novartis India current trailing twelve-month (TTM) dividend yield is 2.34%. Interested in purchasing Novartis India stock? Use our calculator to estimate your expected dividend yield:
Novartis India Financial Ratios
P/E ratio30.21
PEG ratio0.30
P/B ratio3.62
ROE11.97%
Payout ratio0.00%
Current ratio4.96
Quick ratio4.72
Cash Ratio0.15
Novartis India Dividend FAQ
How much is the next Novartis India dividend?
Novartis India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Novartis India dividend. The next Novartis India dividend will be released in July.
When is Novartis India dividend paid?
Novartis India pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Novartis India pay?
The specific amount of Novartis India dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Novartis India's dividend history.
Does Novartis India stock pay dividends?
Yes, Novartis India does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Novartis India's dividend history.
How much dividend does Novartis India pay?
Novartis India paid ₹25.0 in 2024, ₹47.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Novartis India pay dividends?
Novartis India typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Novartis India's dividend yield?
The current dividend yield for Novartis India is 2.34%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Novartis India's exact dividend yield.
When does Novartis India go ex dividend?
Novartis India's ex-dividend date for the latest dividend was on 2024-07-23. Novartis India typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Novartis India dividend paid?
Novartis India pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Novartis India increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Novartis India will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Novartis India dividend per share?
Novartis India paid ₹25.0 per share in 2024 and ₹47.5 per share in 2023. The amount of dividend per share that Novartis India pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Novartis India a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Novartis India a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Novartis India a dividend stock?
Yes, Novartis India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Novartis India a good dividend stock?
Whether Novartis India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Novartis India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Novartis India as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Novartis India pay dividends monthly?
Novartis India typically pays dividends on a annually basis.
Does Novartis India pay dividends quarterly?
Novartis India currently pays dividends on a annually basis.
Has Novartis India ever paid a dividend?
Yes, Novartis India has a history of paying dividends to its shareholders. Novartis India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Novartis India dividend stocks?
To buy Novartis India you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Novartis India stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Novartis India pay dividends 2024?
Novartis India pays dividends on a annually basis. 2024 dividend payments are in 2024-08-05. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Novartis India increase its dividend in 2024?
Decisions regarding Novartis India dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Novartis India dividend overview you can look into the above table of dividend history.
How Novartis India dividend works?
The Novartis India dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Novartis India's dividend process works:
1. Determination of Dividend: Novartis India's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Novartis India publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Novartis India distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Novartis India are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Novartis India dividends paid?
Novartis India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Novartis India sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Novartis India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Novartis India declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Novartis India pay dividends?
Novartis India typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Novartis India pay dividends?
The general pattern is that Novartis India pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Novartis India dividend safe?
The safety of Novartis India's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Novartis India's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Novartis India's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.