Novo Nordisk A/S is a healthcare company that researches, develops, manufactures and markets pharmaceutical products. The company has recently become popular with stock market investors as they are one of the most popular producers of the viral weight loss drug Ozempic.
Novo Nordisk is now one of Europe’s most valuable companies recently sliding in and out of the top spot with luxury goods maker LVMH. In this article, we are going to show you where you can purchase Novo Nordisk shares in the UK.
Our Preferred Broker To Purchase Novo Nordisk Stock
Novo Nordisk A/S shares are available on most popular UK brokerages as they are listed on the NYSE. Our favorite brokerage to purchase their shares is Trading 212.
Trading212 is a zero-commission trading platform offering general investment accounts, ISAs and CFD accounts. They are a trusted broker who has been around for almost 2 decades now. They have a range of features such as pies and multi-currency accounts which aren't offered by other brokerages.
- Commission Free Trading
- Access to over 12,000 Stocks and Funds
- Impressive features such as Pies and Multi-currency
- No phone support
How To Buy Novo Nordisk Stock Step-By-Step
To buy Novo Nordisk shares, you will need to sign up to a brokerage where you can purchase stocks and shares.
Step 1 – Choose A Broker
As Novo Nordisk is available on the New York Stock Exchange, it is available to purchase on most popular brokerages in the UK. You can check out our review of the top investment platforms in the UK to see the pros and cons of each platform.
Brokers have different features, products and fees. It’s wise to compare them before signing up to ensure that the broker you are choosing is best for you. A few important things to look for are:
Products They Offer – If you are looking to invest via an ISA or Pension you will need to ensure that you pick a broker that offers this.
Shares You Want to Invest In – Some brokers only offer limited access to markets and may not have the shares you are looking to invest in. Others will only have the option to invest in ETFs. Make sure the broker you are signing up to has access to the shares you want to purchase.
Fees – Fees are a huge factor in the platform you choose. If you plan on investing in individual shares companies like Trading 212 and eToro offer zero-fee trading.
Are They Regulated – You will want to ensure that the broker you are investing with is regulated by the FCA and is backed by the FSCS. This helps to ensure that your money is safe while investing. Any brokers we link to on Money Sprout are fully regulated.
Here are some brokers that offer Novo Nordisk A/S shares:
Trading212 is a zero-commission trading platform offering general investment accounts, ISAs and CFD accounts. They are a trusted broker who has been around for almost 2 decades now. They have a range of features such as pies and multi-currency accounts which aren't offered by other brokerages.
- Commission Free Trading
- Access to over 12,000 Stocks and Funds
- Impressive features such as Pies and Multi-currency
- No phone support
eToro is a popular global trading and investing platform for new and experienced investors. They offer zero-commission trading and have over 3,000 stocks available on the platform.
One of their most unique features "Copytrader" allows you to copy other high-performing traders portfolios.
- Zero commission trading
- Easy To Use App
- Regulated By The FCA
- $5 Withdrawal Fees
- Heavily promotes active trading and CFDs
Hargreaves Lansdown is one of the most trusted investment platforms in the UK. They offer amazing customer service with access to someone on the phone at any time. However, these come at a high price in terms of fees.
- Amazing customer service
- Reliable trustworthy brand name
- High fees on stock trading & ETFs
- Less Modern interface than competitors
Webull is a stock trading platform that has had a lot of success in the US since 2017. They have now released a UK version of the app offering after-hours trading, access to the US market and cheap fees.
- Low commission on trades
- Great stock analysis and app
- After Hours trading available
- No ISA account available
- Only has US stocks
- High FX Fees
Step 2 – Open & Fund Your Account
Once you have decided on the broker you are going to use, you need to open your account and deposit funds. This process is usually very quick and easy. Most platforms have a signup process that takes around 5-10 minutes to complete.
You will need to have ID and potentially proof of address on hand to confirm your account. This is standard procedure for UK brokers so they can follow regulations and confirm your identity with a KYC check.
Next, you will need to fund your account. You can usually do this via debit card or a bank transfer. For smaller amounts using a debit card is usually the fastest way to have access to your funds (almost instant) however if you are depositing a large amount of money you may have to use a bank transfer.
Once the money has settled in your account, you’re ready to purchase shares of the stock.
Step 3 – Find Novo Nordisk Stock and Place Your Order
Now you have money in your account it’s time to purchase the shares. On your platform of choice, use the search bar to find the stock name or ticker you are looking for. Ensure you are selecting the correct Ticker for the stock you are looking to invest in.
Click on the stock you are looking to purchase and select the “Buy” or “Invest” button. If the stock market is not currently open you will have to place a fill or kill order. This is when you set a limit on the price you are willing to pay. If the market opens and the shares are above your set price, the order will no go through. If the share price is lower than your limit on market open, your order will go through at market price.
If the market is open, you can simply purchase the shares at the current market price instantly.
Step 4 – Configure Your Order
You will now need to input how much you want to purchase in your account currency or the number of shares you want to purchase. You may also be able to purchase fractional shares, depending on the platform you are investing with. If you want to place an order out of market hours you will need to set a price limit.
Step 5 – Finalize Your Order
Once you are ready you can finalize your order and purchase the shares or submit your fill or kill order which will go through when the market opens. You should know own the desired number of shares or the stock you wanted to purchase.
Novo Nordisk Share Price Today
Novo Nordisk Technical Analysis
Novo Nordisk Stock Overview
Novo Nordisk is a global healthcare company with a significant presence in the pharmaceutical industry, specializing in diabetes care and other serious chronic conditions.
Recently Ozempic, one of Novo Nordisk’s flagship products, has made a substantial impact on the company. Ozempic, initially developed for diabetes care has taken the weight loss market by storm. Many people are reporting that they are having great success losing weight while on the drug.
The drug has not only been a therapeutic breakthrough for patients but has also significantly enhanced Novo Nordisk’s financial performance and market share in the diabetes care segment, contributing to its reputation as a leader in the field.
The success of Ozempic underscores Novo Nordisk’s commitment to pioneering innovative solutions in chronic disease management and reflects its strategic focus on research and development in biopharmaceuticals.
Does Novo Nordisk A/S Pay A Dividend?
Yes, Novo Nordisk is currently paying a dividend. This year their annual dividend was $2.06. They paid a $1.18 dividend in March 2023 and a $0.88 dividend in August 2023.
When Does Novo Nordisk Fiscal Year End?
Novo Nordisk Fiscal Year ends in December.
Can I Purchase Novo Nordisk Shares With A Debit Card?
Yes, most brokerage accounts will allow you to fund your account with a debit card as well as Apple and Google Pay. However, some brokerages do limit the amount you can top up via debit card. You may need to use a bank transfer to fund your account with larger amounts of money.
Final Thoughts
You should now be able to purchase Novo Nordisk A/S shares on a brokerage of your choice. Ensure to do your own research before purchasing shares in any stock.
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