CVS CVS HEALTH dividend history, payout ratio & dates
CVS HEALTH's latest dividend was on Oct 21, 2024 (ex-date) with a payout of $0.665 per share. On an annualized basis, the company has a current payout of $2.66 per share. This brings the dividend yield to 4.66% based on its recent close price.
Key dates
- CVS last dividend date: Oct 21, 2024
CVS dividend stats
vs. Healthcare sector
Dividend yield
CVS has a dividend yield of 4.66% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 1.92%, CVS HEALTH's dividend yield is 143% higher. Historically CVS's dividend yield has averaged at 3.0% in the last 5 years, which is lower than the current one.
Dividend history
CVS HEALTH has been paying dividends since 1994. CVS has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% since twelve months ago. And with the price of the stock down by 16% from a year ago, the dividend yield has increased by 31%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 21, 2024 | $0.665 | 4.57% |
| Jul 22, 2024 | $0.665 | 4.46% |
| Apr 19, 2024 | $0.665 | 3.64% |
| Jan 19, 2024 | $0.665 | 3.39% |
| Oct 19, 2023 | $0.605 | 3.43% |
| Jul 20, 2023 | $0.605 | 3.16% |
| Apr 20, 2023 | $0.605 | 3.15% |
| Jan 19, 2023 | $0.605 | 2.58% |
| Oct 20, 2022 | $0.55 | 2.42% |
| Jul 21, 2022 | $0.55 | 2.31% |
| Apr 21, 2022 | $0.55 | 2% |
| Jan 20, 2022 | $0.55 | 2% |
| Oct 21, 2021 | $0.5 | 2.3% |
| Jul 22, 2021 | $0.5 | 2.42% |
| Apr 22, 2021 | $0.5 | 2.63% |
| Jan 21, 2021 | $0.5 | 2.7% |
| Oct 21, 2020 | $0.5 | 3.38% |
| Jul 22, 2020 | $0.5 | 3.14% |
| Apr 22, 2020 | $0.5 | 3.31% |
| Jan 22, 2020 | $0.5 | 2.7% |
| Oct 23, 2019 | $0.5 | 3.05% |
| Jul 24, 2019 | $0.5 | 3.57% |
| Apr 22, 2019 | $0.5 | 3.81% |
| Jan 24, 2019 | $0.5 | 3.08% |
| Oct 23, 2018 | $0.5 | 2.76% |
| Jul 24, 2018 | $0.5 | 3.05% |
| Apr 20, 2018 | $0.5 | 3.07% |
| Jan 23, 2018 | $0.5 | 2.49% |
| Oct 23, 2017 | $0.5 | 2.63% |
| Jul 20, 2017 | $0.5 | 2.49% |
| Apr 19, 2017 | $0.5 | 2.38% |
| Jan 20, 2017 | $0.5 | 2.18% |
| Oct 20, 2016 | $0.425 | 1.95% |
| Jul 19, 2016 | $0.425 | 1.68% |
| Apr 20, 2016 | $0.425 | 1.51% |
| Jan 20, 2016 | $0.425 | 1.57% |
| Oct 20, 2015 | $0.35 | 1.35% |
| Jul 21, 2015 | $0.35 | 1.2% |
| Apr 22, 2015 | $0.35 | 1.23% |
| Jan 20, 2015 | $0.35 | 1.19% |
CVS HEALTH dividend payout ratio
Payout ratio
CVS has a payout ratio of 67.3% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 40%, CVS HEALTH's payout ratio is 68% higher.
Total amount of dividends paid per financial year (from cash flow)
CVS dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WBA Walgreens Boots Alliance Inc | 12.05% | $1 | N/A |
| CVS CVS HEALTH Corp | 4.66% | $2.66 | 67.3% |
| WMT Walmart Inc | 0.92% | $0.81 | 42.1% |
| PETS Petmed Express Inc | N/A | N/A | N/A |
Frequently asked questions
Does CVS HEALTH pay a dividend?
Yes, CVS HEALTH has been paying dividends for the last 30 years.
When was CVS's last dividend?
CVS HEALTH's last regular dividend was on Oct 21, 2024 (ex-date) with the amount of $0.665 per share.
How much dividend does CVS HEALTH pay (per share)?
CVS's annualized dividend per share is $2.66.
What is CVS HEALTH's dividend yield?
CVS HEALTH's current dividend yield is 4.66%.
How often does CVS HEALTH pay dividends?
CVS HEALTH pays dividends quarterly.
What is CVS HEALTH's dividend payout ratio?
CVS HEALTH's dividend payout ratio is 67.3%.
Does CVS HEALTH pay a good dividend?
CVS HEALTH's dividend yield is higher than the Healthcare sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.