NVS Named Top 10 SAFE International Dividend Stock

Novartis (NYSE:NVS) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 3.6% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Novartis is an underlying holding representing 2.13% of the Powershares International Dividend Achievers ETF (PID), which holds $12,166,123 worth of NVS shares.

Novartis (NYSE:NVS) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless five year history — never a missed or lowered dividend; E. Enduring — at least a half-decade of dividend payments.

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The annualized dividend paid by Novartis is $3.199072/share, currently paid in annual installments, and its most recent dividend ex-date was on 03/04/2021. Below is a long-term dividend history chart for NVS, which the report stressed as being of key importance.

NVS operates in the Drugs & Pharmaceuticals sector, among companies like Johnson & Johnson (JNJ), and Pfizer Inc (PFE).