Merck's latest quarterly dividend of $0.73 per share was on Dec 14, 2022 (ex-date). At an annualized rate of $2.8 per share, the stock yields 2.65%. The latest MRK payment of $0.73 marks a dividend growth of 6%.
Merck's dividend yield of 2.65% is higher than the Healthcare sector average but lower than the industry and its peers average. In comparison with the Healthcare sector average of 1.85%, Merck's dividend yield is 43% higher. The historical 5-year average of MRK's dividend yield is 3.0%, which is higher than the current one.
Merck has a history of paying dividends since 1994. Our records of MRK show that the company has distributed three quarterly dividends in the past year. The annualized dividend per share marks an increase of 4.5% since twelve months ago. However with the price of the stock up by 34% from a year ago, the dividend yield has a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 14, 2022 | Jan 9, 2023 | Nov 29, 2022 | $0.73 | normal |
| Sep 14, 2022 | Oct 7, 2022 | Jul 26, 2022 | $0.69 | normal |
| Jun 14, 2022 | Jul 8, 2022 | May 24, 2022 | $0.69 | normal |
| Mar 14, 2022 | Apr 7, 2022 | Jan 25, 2022 | $0.69 | normal |
| Dec 14, 2021 | Jan 7, 2022 | Nov 30, 2021 | $0.69 | normal |
| Sep 14, 2021 | Oct 7, 2021 | Jul 27, 2021 | $0.65 | normal |
| Jun 14, 2021 | Jul 7, 2021 | May 25, 2021 | $0.65 | normal |
| Mar 12, 2021 | Apr 7, 2021 | Jan 26, 2021 | $0.65 | normal |
| Dec 14, 2020 | Jan 8, 2021 | Nov 17, 2020 | $0.65 | normal |
| Sep 14, 2020 | Oct 7, 2020 | Jul 28, 2020 | $0.61 | normal |
| Jun 12, 2020 | Jul 7, 2020 | May 26, 2020 | $0.61 | normal |
| Mar 13, 2020 | Apr 7, 2020 | Jan 28, 2020 | $0.61 | normal |
| Dec 13, 2019 | Jan 8, 2020 | Nov 19, 2019 | $0.61 | normal |
| Sep 13, 2019 | Oct 7, 2019 | Jul 23, 2019 | $0.55 | normal |
| Jun 14, 2019 | Jul 8, 2019 | May 28, 2019 | $0.55 | normal |
| Mar 14, 2019 | Apr 5, 2019 | Jan 29, 2019 | $0.55 | normal |
| Dec 14, 2018 | Jan 8, 2019 | Oct 25, 2018 | $0.55 | normal |
| Sep 14, 2018 | Oct 5, 2018 | Jul 24, 2018 | $0.48 | normal |
| Jun 14, 2018 | Jul 9, 2018 | May 22, 2018 | $0.48 | normal |
| Mar 14, 2018 | Apr 6, 2018 | Jan 23, 2018 | $0.48 | normal |
| Dec 14, 2017 | Jan 8, 2018 | Nov 28, 2017 | $0.48 | normal |
| Sep 14, 2017 | Oct 6, 2017 | Jul 25, 2017 | $0.47 | normal |
| Jun 13, 2017 | Jul 10, 2017 | May 23, 2017 | $0.47 | normal |
| Mar 13, 2017 | Apr 7, 2017 | Feb 28, 2017 | $0.47 | normal |
| Dec 13, 2016 | Jan 9, 2017 | Nov 22, 2016 | $0.47 | normal |
| Sep 13, 2016 | Oct 7, 2016 | Jul 26, 2016 | $0.46 | normal |
| Jun 13, 2016 | Jul 8, 2016 | May 24, 2016 | $0.46 | normal |
| Mar 11, 2016 | Apr 7, 2016 | Feb 23, 2016 | $0.46 | normal |
| Dec 11, 2015 | Jan 8, 2016 | Nov 24, 2015 | $0.46 | normal |
| Sep 11, 2015 | Oct 7, 2015 | Jul 22, 2015 | $0.45 | normal |
| Jun 11, 2015 | Jul 8, 2015 | May 26, 2015 | $0.45 | normal |
Merck's payout ratio of 48.9% is above the Healthcare sector average but below the industry and its peers average. Compared to its Healthcare sector average of 38.8%, Merck's payout ratio is 26% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PFE Pfizer Inc | 3.95% | $1.61 | 28.8% |
| AMGN Amgen Inc | 3.39% | $7.95 | 65.3% |
| BMY Bristol Myers Squibb Co | 3.26% | $2.19 | 73.7% |
| JNJ Johnson & Johnson | 2.94% | $4.52 | 66.2% |
| MRK Merck & Co Inc | 2.65% | $2.8 | 48.9% |
| ABT Abbott Laboratories | 1.96% | $1.92 | 48.7% |
| LLY ELI LILLY & Co | 1.22% | $4.07 | 58.7% |
Yes, Merck has been paying dividends for the last 29 years.
At this point we don't have a record of MRK's next dividend date, but based on the current dividend schedule we project that it will likely be in March 2023.
Merck's last dividend ex-date was on Dec 14, 2022. The dividend amount was $0.73 per share.
MRK's annualized dividend per share is $2.8.
The current dividend yield of Merck is 2.65%.
Merck has a quarterly dividend frequency.
The dividend payout ratio of Merck is 48.9%.
Merck's dividend yield is higher than the Healthcare sector average.