Novo Nordisk A/S Dividends
The next dividend date for Novo Nordisk A/S has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Novo Nordisk A/S (NVO)
More About Novo Nordisk A/S
Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally. It operates in two segments, Diabetes and Obesity Care, and Rare Disease. The Diabetes and Obesity care segment provides products for diabetes, obesity, cardiovascular, and other emerging therapy areas. The Rare Disease segment offers products in the areas of rare blood disorders, rare endocrine disorders, and hormone replacement therapy. The company also provides insulin pens, growth hormone pens, and injection needles. In addition, it offers smart solutions for diabetes treatment, such as smart insulin pens and Dose Check, an insulin dose guidance application. The company has a collaboration agreement with UNICEF to tackle childhood obesity; and with Valo Health, Inc. to discover and develop novel drug programmes for cardiometabolic space. Novo Nordisk A/S was founded in 1923 and is headquartered in Bagsvaerd, Denmark.
Owning Novo Nordisk A/S Stock on the Dividend Date
If you own Novo Nordisk A/S stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Novo Nordisk A/S stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Novo Nordisk A/S stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Novo Nordisk A/S stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Novo Nordisk A/S dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning Novo Nordisk A/S Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in Novo Nordisk A/S stock price from the dividend is already baked into Novo Nordisk A/S option prices.
That means the prices of call options that overlap the Novo Nordisk A/S ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the Novo Nordisk A/S ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of Novo Nordisk A/S call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of Novo Nordisk A/S put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More Novo Nordisk A/S Dividends
You can contact us any time if you would like to ask questions about Novo Nordisk A/S dividends or anything else related to the stock market.