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Novo Nordisk CDR (CAD Hedged) (NOVO.TO) went ex-dividend — CA$0.178

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Dividend history

Novo Nordisk CDR (CAD Hedged)

NOVO.TO

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Recent payments

$0.1780CAD

Ex: Aug 17, 2026

Pay: Aug 25

Semiannual

Novo Nordisk CDR (CAD Hedged) (NOVO.TO) went ex-dividend on August 17, 2026. This means if you bought shares on or after this date, you won’t receive the upcoming dividend payment of CA$0.178, which will be paid out on August 25, 2026.

Investor takeaway: If you held shares before the ex-dividend date, this payment is a return on your investment. Knowing the ex-dividend date is essential for anyone looking to capture dividend payments.

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Novo Nordisk CDR (CAD Hedged)

NOVO.TO

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NOVO.TO

Novo Nordisk CDR (CAD Hedged)

Source:WealthAwesomeWealthAwesome
$3.68 (23.59%)
120 day period
$15.08$18.56$22.04Feb 26May 25Aug 18

Market cap

$807.70B

P/E

3.5x

Div. yield

59.03%

Div. / share

$11.70

52W high

$26.66

52W low

$14.38

1W change

-3.60%

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on NOVO's historical volatility

HistoricalForecast68%95%
C$11.35C$15.93C$20.51C$25.08C$29.66C$34.24TodayApr 10Jun 15Aug 18Sep 30Nov 13Dec 26

30-Day Vol

43.7%

Annualized

90-Day Vol

40.0%

Annualized

Trend (90d)

+6.4%

Annualized drift

90d Mean

C$19.72

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$19.43C$16.71C$22.59
60 trading daysC$19.57C$15.82C$24.22
90 trading daysC$19.72C$15.19C$25.61

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Dividend Amount: CA$0.178

The semiannual dividend of CA$0.178 shows Novo Nordisk's commitment to providing value to its shareholders.

Understanding Ex-Dividend Dates

The ex-dividend date is crucial for dividend investors. It’s the cutoff date for shareholders to qualify for the next dividend payment. If you purchase shares on or after this date, you won’t receive the dividend. In this case, Novo Nordisk's ex-dividend date was August 17, 2026, so only those who owned shares before this date will get the CA$0.178 dividend.

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Upcoming Dividend Payment

The CA$0.178 dividend will be paid on August 25, 2026. This semiannual payment reflects Novo Nordisk's ongoing dedication to its shareholders. Keep in mind that dividends can significantly contribute to your total return, especially if you’re using registered accounts like a TFSA or RRSP.

Dividend calendar

TickerNOVO.TO
AmountCA$0.178
Ex-dividend2026-08-17
Record2026-08-17
Payment2026-08-25
Declared2026-08-07
Trailing yield59.03%
Stock pageNOVO.TO dividend history

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Wealth Awesome
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This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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Published: August 19, 2026
Last Updated: August 19, 2026
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