Back to CVS overview

CVS CVS HEALTH dividend history, payout ratio & dates

CVS HEALTH's latest quarterly dividend was on Oct 20, 2022 (ex-date) with a payout of $0.55 per share. On an annualized basis, the company has a current payout of $2.2 per share. This brings the dividend yield to 2.19% based on its recent close price.

Key dates

  • CVS last dividend date: Oct 20, 2022
  • CVS next dividend date: Not announced
CVS dividend stats
DPS
$2.2
Dividend yield
2.19%
Payout ratio
91.7%
vs. Healthcare sector
Dividend yield
1.68%
Payout ratio
37.8%

Dividend yield

What is CVS HEALTH current dividend yield

CVS has a dividend yield of 2.19% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 1.68%, CVS HEALTH's dividend yield is 30% higher. Historically CVS's dividend yield has averaged at 2.8% in the last 5 years, which is higher than the current one.

Dividend history

What is CVS dividend payout history and dates

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 up by 10% from a year ago, the dividend yield has increased by 0.2%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Oct 20, 2022 Nov 1, 2022 Sep 21, 2022 $0.55 normal
Jul 21, 2022 Aug 1, 2022 Jul 6, 2022 $0.55 normal
Apr 21, 2022 May 2, 2022 Mar 9, 2022 $0.55 normal
Jan 20, 2022 Feb 1, 2022 Dec 10, 2021 $0.55 normal
Oct 21, 2021 Nov 1, 2021 Oct 5, 2021 $0.5 normal
Jul 22, 2021 Aug 2, 2021 Jul 7, 2021 $0.5 normal
Apr 22, 2021 May 3, 2021 Mar 10, 2021 $0.5 normal
Jan 21, 2021 Feb 1, 2021 Jan 4, 2021 $0.5 normal
Oct 21, 2020 Nov 2, 2020 Oct 7, 2020 $0.5 normal
Jul 22, 2020 Aug 3, 2020 Jul 8, 2020 $0.5 normal
Apr 22, 2020 May 4, 2020 Mar 11, 2020 $0.5 normal
Jan 22, 2020 Feb 3, 2020 Jan 2, 2020 $0.5 normal
Oct 23, 2019 Nov 4, 2019 Oct 3, 2019 $0.5 normal
Jul 24, 2019 Aug 2, 2019 Jul 10, 2019 $0.5 normal
Apr 22, 2019 May 3, 2019 Mar 6, 2019 $0.5 normal
Jan 24, 2019 Feb 4, 2019 Jan 3, 2019 $0.5 normal
Oct 23, 2018 Nov 1, 2018 Oct 4, 2018 $0.5 normal
Jul 24, 2018 Aug 1, 2018 Jul 11, 2018 $0.5 normal
Apr 20, 2018 May 3, 2018 Mar 14, 2018 $0.5 normal
Jan 23, 2018 Feb 2, 2018 Dec 29, 2017 $0.5 normal
Oct 23, 2017 Nov 3, 2017 Sep 19, 2017 $0.5 normal
Jul 20, 2017 Aug 3, 2017 Jul 6, 2017 $0.5 normal
Apr 19, 2017 May 1, 2017 Mar 2, 2017 $0.5 normal
Jan 20, 2017 Feb 2, 2017 Dec 21, 2016 $0.5 normal
Oct 20, 2016 Nov 3, 2016 Sep 22, 2016 $0.425 normal
Jul 19, 2016 Aug 1, 2016 Jul 6, 2016 $0.425 normal
Apr 20, 2016 May 2, 2016 Mar 2, 2016 $0.425 normal
Jan 20, 2016 Feb 2, 2016 $0.425 normal
Oct 20, 2015 Nov 2, 2015 Oct 1, 2015 $0.35 normal
Jul 21, 2015 Aug 3, 2015 Jul 8, 2015 $0.35 normal

CVS HEALTH dividend payout ratio

What is CVS HEALTH dividend payout ratio compared to the sector

Payout ratio

CVS has a payout ratio of 91.7% which is higher than the Healthcare sector and the industry average. In comparison with the Healthcare sector average of 37.8%, CVS HEALTH's payout ratio is 143% higher.

Total amount of dividends paid per financial year (from cash flow)

CVS dividend vs peer dividends

How does CVS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PETS Petmed Express Inc 6.13% $1.2 153.8%
CVS CVS HEALTH Corp 2.19% $2.2 91.7%

Frequently asked questions

Does CVS HEALTH pay a dividend?

Yes, CVS HEALTH has been paying dividends for the last 28 years.

When is CVS HEALTH's next dividend?

CVS hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in January 2023.

When was CVS's last dividend?

CVS HEALTH's last regular dividend was on Oct 20, 2022 (ex-date) with the amount of $0.55 per share.

How much dividend does CVS HEALTH pay (per share)?

CVS's annualized dividend per share is $2.2.

What is CVS HEALTH's dividend yield?

CVS HEALTH's current dividend yield is 2.19%.

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 91.7%.

Does CVS HEALTH pay a good dividend?

CVS HEALTH's dividend yield is higher than the Healthcare sector average.