Novartis among highest dividend stocks in Switzerland

Huge dividend Novartis

Investors in Novartis can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Swiss market. Analysts expect a dividend of 2,93 CHF per share. Thus the dividend yield equals 3,8 percent. The average dividend yield of the pharmaceutical companies is a limited 0,5 percent.

Dividend returns Novartis

Tomorrow the Swiss Novartis will report its past quarter results. For this year Novartis's revenue will be around 49,55 billion CHF. This is according to the average of the analysts' estimates. This is slightly lower than 2017's revenue of 53,17 billion CHF.

Historical revenues and results Novartis plus estimates 2018

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The analysts expect for 2018 a net profit of 11,53 billion CHF. According to most of the analysts the company will have a profit per share for this book year of 5,11 CHF. So the price/earnings-ratio equals 15,07.

Recent target prices around 93 CHF

Jefferies & Co., Kepler Capital Markets and Goldman Sachs recently provided recommendations for the stock.

Novartis's market capitalization is around 178,51 billion CHF. The Novartis stock was the past 12 months quite unstable. Since last April the stock is 16 percent higher. This year the stock price moved between 64 and 86 CHF. Since 2008 the stock price is almost 107 percent higher.

Historical stock prices Novartis past 10 years

equity research novartis

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