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Norsk Hydro ASA (NHY.OL) logo

Norsk Hydro ASA

EURO STOXX 600
NHY.OL|Basic Materials|Aluminum||P/E 33.3|MCap 157.4B|Oslo Bors

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

76/ 100Safe

NHY.OL's dividend appears safe and well-supported. Strengths include a 32.2% cfo payout ratio & 6.3x interest coverage. Areas of concern: 6.2% return on equity & Volatile profit margin stability. The dividend has been growing at a 12.47% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Net Debt / Total Assets: 9.8%Healthy balance sheet with low net debt.
  • Debt-to-Equity: 30.7Conservative debt level relative to equity.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Return on Equity: 6.2%Return on equity is below industry norms.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe
Earnings Payout Ratio
72.1%Caution
FCF Payout Ratio
78.8%Caution
CFO Payout Ratio
32.2%Safe
Interest Coverage
6.3xSafe

Balance Sheet

Very Safe
Net Debt / Total Assets
9.8%Very Safe
Current Ratio
1.9xSafe
Debt-to-Equity
30.7Very Safe

Profitability

Caution
Return on Equity
6.2%Warning
Operating Margin
20.5%Safe
Gross Margin
31.9%Caution
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
12.5%Very Safe
Earnings Stability
GrowingVery Safe

About Norsk Hydro ASA

Norsk Hydro ASA is a Norwegian aluminium and renewable energy company headquartered in Oslo, recognized as one of the largest aluminium producers worldwide. Founded in 1905 initially for fertilizer production using hydroelectric power, it evolved into a global leader in the aluminium value chain, encompassing bauxite mining, alumina refining, primary aluminium smelting, extrusion, rolling, and recycling activities. The company operates through key segments including Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy, producing extruded profiles, rolled products, building systems, and precision tubing for sectors like construction, automotive, and energy. With approximately 33,000 employees across more than 40 countries, Norsk Hydro ASA maintains significant operations in Europe, the Americas, and Asia, including one of the world's largest bauxite mines and alumina refineries in Brazil. It is a major hydroelectric power producer in Norway and emphasizes sustainability through renewable energy integration and recyclable aluminium solutions. The Norwegian government holds a 34.3% stake, underscoring its strategic importance in global metals and mining markets.

Dividend Overview

Dividend Yield

2.86%

Annual Dividend

NOK 3.00

Frequency

Annual

Payout Ratio

72.12%

FCF Payout Ratio

78.83%

Stock Price

52-Week Range

NOK 50.60 NOK 98.32

Dividend History (2016–2025)

NHY.OL annual dividend per share and yield history

Earnings & Profitability

NHY.OL earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 8, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-31.00%

5-Year Dividend CAGR

12.47%

10-Year Dividend CAGR

8.45%

3-Year Total Growth

-67.15%

5-Year Total Growth

80.00%

10-Year Total Growth

125.00%

Income Calculator

NHY.OL Dividend Calculator

Total Investment

NOK 0.00

Annual Income

NOK 300.00

Quarterly Income

NOK 75.00

Monthly Income

NOK 25.00

Similar Dividend Stocks

StockYield5Y CAGRPrice
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Frequently Asked Questions

What is NHY.OL's current dividend yield?
Norsk Hydro ASA (NHY.OL) currently has a dividend yield of 2.86%, based on a stock price of — and an annual dividend of NOK 3.00.
When is NHY.OL's next dividend payment date?
NHY.OL's next ex-dividend date is 2026-05-08 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NHY.OL pay in dividends per year?
Norsk Hydro ASA paid NOK 2.25 per share in annual dividends in 2025. The dividends are paid annual.
Has NHY.OL been increasing its dividend?
Norsk Hydro ASA has grown its dividend at a 5-year CAGR of 12.47% and a 10-year CAGR of 8.45%.
Is NHY.OL's dividend safe?
Norsk Hydro ASA has a payout ratio of 72.12%. Its free cash flow payout ratio is 78.83%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is NHY.OL's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Norsk Hydro ASA's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for basic materials companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.