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MRK Merck dividend history, payout ratio & dates

  1. Stocks
  2. Healthcare
  3. NYSE: MRK
  4. Dividend

Merck's latest quarterly dividend of $0.73 per share was on Sep 14, 2023 (ex-date). At an annualized rate of $2.92 per share, the stock yields 2.76%.

Key dates

  • MRK last dividend date: Sep 14, 2023
  • MRK next dividend date: Not announced
Peer dividends: PFE JNJ LLY BMY AMGN ABT
MRK dividend stats
DPS
$2.92
Dividend yield
2.76%
Payout ratio
239.3%
vs. Healthcare sector
Dividend yield
1.8%
Payout ratio
39.8%

Dividend yield

What is Merck current dividend yield

Merck's dividend yield of 2.76% is higher than the Healthcare sector average but lower than the industry and its peers average. In comparison with the Healthcare sector average of 1.8%, Merck's dividend yield is 53% higher. The historical 5-year average of MRK's dividend yield is 3.0%, which is higher than the current one.

Dividend history

What is MRK dividend payout history and dates

Merck has a history of paying dividends since 1994. Our records of MRK show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 6% since twelve months ago. However with the price of the stock up by 22% from a year ago, the dividend yield has a decrease of 13%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2023 Oct 6, 2023 Jul 25, 2023 $0.73 normal
Jun 14, 2023 Jul 10, 2023 May 23, 2023 $0.73 normal
Mar 14, 2023 Apr 10, 2023 Jan 24, 2023 $0.73 normal
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 dividend payout ratio

What is Merck dividend payout ratio compared to the sector

Payout ratio

Merck's payout ratio of 239.3% is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 39.8%, Merck's payout ratio is 501% higher.

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

MRK dividend vs peer dividends

How does MRK dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PFE Pfizer Inc 4.99% $1.63 42.8%
BMY Bristol Myers Squibb Co 3.82% $2.25 59.5%
AMGN Amgen Inc 3.11% $8.33 55.8%
JNJ Johnson & Johnson 2.92% $4.64 93%
MRK Merck & Co Inc 2.76% $2.92 239.3%
ABT Abbott Laboratories 2.07% $2 67.8%
LLY ELI LILLY & Co 0.8% $4.37 60.6%

Frequently asked questions

Does Merck pay a dividend?

Yes, Merck has been paying dividends for the last 29 years.

When is Merck's next dividend?

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 December 2023.

When was MRK's last dividend?

Merck's last dividend ex-date was on Sep 14, 2023. The dividend amount was $0.73 per share.

How much dividend does Merck pay (per share)?

MRK's annualized dividend per share is $2.92.

What is Merck's dividend yield?

The current dividend yield of Merck is 2.76%.

How often does Merck pay dividends?

Merck has a quarterly dividend frequency.

What is Merck's dividend payout ratio?

The dividend payout ratio of Merck is 239.3%.

Does Merck pay a good dividend?

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