Stock Symbol Novartis NVS Overview and Insights

Novartis NVS is a multinational pharmaceutical company that has been a leader in the industry for decades. Founded in 1996 through the merger of Ciba-Geigy and Sandoz, Novartis has a rich history of innovation and growth.

The company's name, Novartis, is derived from the Latin words "novus", meaning new, and "ars", meaning art or science. This name reflects the company's mission to harness the power of science to create new medicines and improve human health.

Headquartered in Basel, Switzerland, Novartis has a global presence with operations in over 140 countries. Its research and development efforts have led to the creation of numerous groundbreaking medicines, including the first multiple sclerosis treatment and the first lung cancer treatment to show improved survival rates.

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Novartis has a consistent dividend payout history, with the company paying out dividends every year since 2009.

The dividend payout has been steadily increasing over the years, with the highest payout of $3.96 in 2024.

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In 2017, Novartis paid out a dividend of $2.49, which is a significant increase from the $1.65 paid out in 2009.

Here's a breakdown of the dividend payouts for Novartis over the years:

The dividend yield has also fluctuated over the years, with the highest yield of 3.96% in 2024 and the lowest yield of 2.12% in 2019.

Novartis' dividend payout has been a reliable source of income for investors, with the company consistently paying out dividends every year since 2009.