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Elevance Health (ELV) Dividend Yield, Date & History

Elevance Health logo
$365.96 -0.52 (-0.14%)
(As of 12/20/2024 05:40 PM ET)

Elevance Health Dividend Summary

Dividend Yield
1.78%
Annual Dividend
$6.52
Recent
Dividend Payment
Dec. 20
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
15.93%
Dividend Payout Ratio
23.77%

Elevance Health (ELV) pays an annual dividend of $6.52 per share, with a dividend yield of 1.78%. The next quarterly payment of $1.63 per share was paid on Friday, December 20, to investors who owned the stock before the ex-dividend date of Thursday, December 5. ELV has grown its dividend for 13 consecutive years, with an average annual increase of 5.05%. The company currently pays out 23.77% of its earnings and 16.66% of its cash flow as dividends.

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ELV Dividend Payments by Quarter

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

ELV Dividend Yield Over Time

The chart below tracks Elevance 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.

Elevance Health vs. The Competition

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

TypeElevance HealthMedical CompaniesNYSE Companies
Annual Dividend$6.52$0.06$1.39
Dividend Yield1.78%4.87%3.58%
Annualized 3-Year Dividend Growth15.93%16.19%15.78%
Track Record13 years23 years24 years

Elevance 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 Earnings23.77%
Based on This Year's Estimate19.78%
Based on Next Year's Estimate18.45%
Based on Cashflow16.66%

Elevance Health Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/15/2024quarterly$1.63 - 1.5%12/5/202412/5/202412/20/2024
7/16/2024quarterly$1.63 - 1.3%9/10/20249/10/20249/25/2024
4/16/2024quarterly$1.63 - 1.2%6/10/20246/10/20246/25/2024
1/23/2024quarterly$1.63+$0.15
10.14%
1.3%3/7/20243/8/20243/22/2024
10/17/2023quarterly$1.48 - 1.3%12/5/202312/6/202312/21/2023
7/19/2023quarterly$1.48 - 1.2%9/7/20239/8/20239/22/2023
4/20/2023quarterly$1.48 - 1.3%6/8/20236/9/20236/23/2023
1/25/2023quarterly$1.48+$0.20
15.63%
1.2%3/9/20233/10/20233/24/2023

This table shows Elevance 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.

Elevance Health Dividend - Frequently Asked Questions

The current dividend yield for Elevance Health is 1.78%. Learn more on ELV's dividend yield history.

The annual dividend for ELV shares is $6.52. Learn more on ELV's annual dividend history.

Elevance Health pays quarterly dividends to shareholders.

Elevance Health's most recent quarterly dividend payment of $1.63 per share was made to shareholders on Friday, December 20, 2024.

Elevance Health's most recent ex-dividend date was Thursday, December 5, 2024.

Over the past three years, the company's dividend has grown by an average of 15.93% per year.

Elevance Health has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.15 on Tuesday, January 23, 2024.

The dividend payout ratio for ELV is:
  • 23.77% based on the trailing year of earnings
  • 19.78% based on this year's estimates
  • 18.45% based on next year's estimates
  • 16.66% based on cash flow

Elevance Health's dividend yield of 1.78% is lower than the average Medical company that issues a dividend. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Elevance Health's dividend payout ratio of 23.77% is at a healthy, sustainable level, below 75% of its earnings.

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


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