About Norsk Hydro ASA (NHYKF) — Dividend Analysis 2026
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Bauxite & Alumina, Aluminium Metal, Metal Markets, Extrusions, and Energy segments. The Bauxite & Alumina segment engages in bauxite mining activities, production of alumina, and related commercial activities, primarily the sale of alumina. The Aluminium Metal segment is involved in the primary aluminum production casting activities. This segment principally offers extrusion ingots, foundry alloys, and sheet and standard ingots. The Metal Markets segment sells products from the company's primary metal plants; operates recyclers; and trades in physical and financial metals. The Extrusions segment offers extrusion profiles, building systems, and precision tubing products for construction, automotive and heating, and ventilation and air conditioning sectors, as well as operates recycling facilities. The Energy segment engages in the trading and wholesale business in Brazil; energy sourcing operations; and operation of power stations in Norway, as well as renewable energy production, such as wind and solar, battery, and hydrogen. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway.
Is NHYKF a good dividend investment in 2026?
NHYKF offers a 2.07% forward yield with a 50% payout ratio. Strand Safety Score: 100/100 (Very Safe). The 5-year dividend CAGR of 81.3% demonstrates strong, consistent growth that outpaces inflation.
NHYKF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your NHYKF portfolio grows to $1.45M vs $1.06M without reinvestment. This is the compound interest effect in action.
NHYKF dividend growth history & forecast
NHYKF has grown its dividend by 0% over the last year and 81.3% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 2.07%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 NHYKF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NHYKF.
Gross yield
2.07%
Tax rate
15.00%
After-tax yield
1.76%
Real yield (−CPI)
-1.04%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2.07%
-0.73%
$207 / yr
🇺🇸 US Taxable (15%) ✓
15%
1.76%
-1.04%
$176 / yr
🇺🇸 US Taxable (20%)
20%
1.66%
-1.14%
$166 / yr
🇬🇧 UK ISA
0%
2.07%
-0.73%
$207 / yr
🇬🇧 UK Taxable
8.75%
1.89%
-0.91%
$189 / yr
🇨🇦 TFSA
0%
2.07%
-0.73%
$207 / yr
🇨🇦 CA Taxable
25%
1.55%
-1.25%
$155 / yr
🇦🇺 Super (pension)
15%
1.76%
-1.04%
$176 / yr
🇦🇺 AU Taxable
30%
1.45%
-1.35%
$145 / yr
🇩🇪 DE Taxable
26.375%
1.52%
-1.28%
$152 / yr
🇫🇷 FR Taxable
30%
1.45%
-1.35%
$145 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 NHYKF Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your NHYKF investment of $10.50/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$198.8K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$196.3K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in NHYKF for:
Shares needed
130,057
Capital required
$1,365,599
Monthly income
$2,000
Based on current dividend of $0.22/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NHYKF Dividend Payment Schedule
NHYKF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.46 / payment
$1.85 / year after tax
100 shares
$4.61 / payment
$18.45 / year after tax
1,000 shares
$46.13 / payment
$184.53 / year after tax
📊 NHYKF vs S&P 500 Average Benchmarks
How NHYKF compares to typical S&P 500 Average averages. (Sector "Basic Materials" not matched — using S&P 500 average)
Benchmark: S&P 500 Average
Dividend Yield▼-0.93% vs sectorBelow avg
NHYKF
2.07%
avg
3.00%
5Y Dividend CAGR▲+75.80% vs sectorBetter
NHYKF
81.30%
avg
5.50%
Payout Ratio▲-8.00% vs sectorBetter
NHYKF
50.00%
avg
58.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NHYKF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NHYKF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-04-29(in 29 days)EPS estimate: $0.17
🔬
Financial Health Scores
Altman Z-Score
2.93
⚠️ Grey Zone — monitor closely
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
7/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the NHYKF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →