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Stock impact report

1 Magnificent Dividend Stock to Buy and Hold [Yahoo! Finance]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
Company Research Source: Yahoo! Finance
Ideally, income-seeking investors want to avoid these situations. They prefer dividend-paying companies that can afford to raise their payouts regularly and aren't at risk of reducing or suspending their dividend programs. Let's look at one stock that can give income-seekers precisely what they want: Swiss pharma giant Novartis (NYSE: NVS) The underlying business is strong Novartis is one of the largest drugmakers in the world, with a deep lineup of medicines, many of which make over $1 billion per year. Of the 13 blockbusters it had in its portfolio last year, 10 grew their sales year over year. Novartis' top-selling product remains Entresto, a medicine for heart failure. Entresto's revenue increased by 30% year over year to about $6 billion. Meanwhile, Novartis' Pluvicto, a prostate cancer medicine first approved in the U.S. in 2022, is flying high. It ended the year with sales of $980 million, an increase of 262% year over year. Though several of Novartis' products are se Show less Read more
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