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CVS Health (CVS) Dividend Yield, Date & History

CVS Health logo
$44.36 +0.58 (+1.32%)
(As of 12/20/2024 05:45 PM ET)

CVS Health Dividend Summary

Dividend Yield
6.00%
Annual Dividend
$2.66
Recent
Dividend Payment
Nov. 1
Annualized 3-Year
Dividend Growth
6.56%
Dividend Payout Ratio
67.51%

CVS Health (CVS) pays an annual dividend of $2.66 per share, with a dividend yield of 6.00%. The next quarterly payment of $0.6650 per share was paid on Friday, November 1, to investors who owned the stock before the ex-dividend date of Monday, October 21. The company currently pays out 67.51% of its earnings and 25.54% of its cash flow as dividends.

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CVS Dividend Payments by Quarter

The chart below displays up to four years of CVS Health's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CVS Dividend Yield Over Time

The chart below tracks CVS Health's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

CVS Health vs. The Competition

Compare CVS Health's annual dividend, yield, and 3-year growth rate with averages for Retail and NYSE companies to evaluate its performance against the market.

TypeCVS HealthRetail CompaniesNYSE Companies
Annual Dividend$2.66$0.03$1.39
Dividend Yield6.00%167.12%3.61%
Annualized 3-Year Dividend Growth6.56%27.48%15.78%

CVS Health Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.51%
Based on This Year's Estimate50.00%
Based on Next Year's Estimate42.77%
Based on Cashflow25.54%

CVS Health Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/19/2024quarterly$0.6650 - 4.6%10/21/202410/21/202411/1/2024
7/8/2024quarterly$0.6650 - 4.67%7/22/20247/22/20248/1/2024
3/21/2024quarterly$0.6650 - 3.39%4/19/20244/22/20245/1/2024
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12/5/2023quarterly$0.6650+$0.06
9.92%
3.6%1/19/20241/22/20242/1/2024
9/21/2023quarterly$0.6050 - 3.36%10/19/202310/20/202311/1/2023
7/7/2023quarterly$0.6050 - 3.47%7/20/20237/21/20238/1/2023
3/16/2023quarterly$0.6050 - 3.19%4/20/20234/21/20235/1/2023

This table shows CVS Health's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

CVS Health Dividend - Frequently Asked Questions

The current dividend yield for CVS Health is 6.00%. Learn more on CVS's dividend yield history.

The annual dividend for CVS shares is $2.66. Learn more on CVS's annual dividend history.

CVS Health pays quarterly dividends to shareholders.

CVS Health's most recent quarterly dividend payment of $0.6650 per share was made to shareholders on Friday, November 1, 2024.

CVS Health's most recent ex-dividend date was Monday, October 21, 2024.

Over the past three years, the company's dividend has grown by an average of 6.56% per year.

The most recent change in the company's dividend was an increase of $0.06 on Tuesday, December 5, 2023.

The dividend payout ratio for CVS is:
  • 67.51% based on the trailing year of earnings
  • 50.00% based on this year's estimates
  • 42.77% based on next year's estimates
  • 25.54% based on cash flow

CVS Health's dividend yield of 5.71% is lower than the average Retail/Wholesale company that issues a dividend. CVS has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer. CVS Health's dividend payout ratio of 67.51% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate CVS Health stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:CVS) was last updated on 12/21/2024 by MarketBeat.com Staff
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