Novo Nordisk (CPH: NOVO-B) dividends paid
Novo Nordisk paid DKK 51,763m in dividends in fiscal 2025, 17.3% more than in fiscal 2024 (DKK 44,140m). That was 50.5% of its net income for the year. It is the total cash paid according to its cash flow statement, not the dividend per share.
Dividends paid by fiscal year
| Fiscal year | Dividends paid | Change | Payout ratio |
|---|---|---|---|
| 2025 | DKK 51,763m | +17.3% | 50.5% |
| 2024 | DKK 44,140m | +38.9% | 43.7% |
| 2023 | DKK 31,767m | +25.5% | 38.0% |
| 2022 | DKK 25,303m | +17.6% | 45.6% |
| 2021 | DKK 21,517m | +6.9% | 45.1% |
| 2020 | DKK 20,121m | +3.7% | 47.8% |
| 2019 | DKK 19,409m | — | 49.8% |
The figure for each fiscal year is the total cash paid in dividends according to the cash flow statement in the annual accounts. It is not the dividend per share and may include amounts paid to minority shareholders of subsidiaries. It covers closed fiscal years and is not a forecast. The change compares each fiscal year with the one before and is not shown when the amount paid is more than ten times the previous one. The payout ratio divides dividends paid by net income for the same fiscal year and is not calculated when net income was not positive. Figures are in millions of Danish kroner.
Questions about the dividends of Novo Nordisk
- How much did Novo Nordisk pay in dividends in fiscal 2025?
- Novo Nordisk paid DKK 51,763m in dividends in fiscal 2025, according to its cash flow statement; in fiscal 2024 it paid DKK 44,140m.
- What share of its profit did Novo Nordisk pay out?
- In fiscal 2025 dividends paid were 50.5% of its net income, which was DKK 102,434m.
- In which year did Novo Nordisk pay the most in dividends?
- Of its last 7 fiscal years with the figure, fiscal 2025, with DKK 51,763m paid in dividends.
- Where do the figures for Novo Nordisk come from?
- From the report Novo Nordisk files every year in the European single electronic format (ESEF), the one it files with the regulator of its home market. Each fiscal year links to its filing.
Where each figure comes from
From the annual report Novo Nordisk files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020. More on Novo Nordisk: the Novo Nordisk page · annual accounts.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.