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CVS Health Stock Dividends Overview

CVS pays dividends quarterly. Last paid amount was $0.665 at May 01, 2024. As of today, dividend yield (TTM) is 3.79%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.79%
Frequency Quarterly
1Y Growth 9.92%
Payout Ratio 0
Amount Per Share $0.665
CVS Health has not yet announced its next dividend date. Last payment date was: May 01, 2024.

CVS Dividend Payout History

To ensure a understanding of CVS's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 21, 2024 Apr 19, 2024 May 01, 2024 $0.665 1.18%
2 Dec 05, 2023 Jan 19, 2024 Feb 01, 2024 $0.665 0.90%
3 Sep 21, 2023 Oct 19, 2023 Nov 01, 2023 $0.610 0.89%
4 Jul 07, 2023 Jul 20, 2023 Aug 01, 2023 $0.605 0.82%
5 Mar 16, 2023 Apr 20, 2023 May 01, 2023 $0.605 0.82%
6 Dec 15, 2022 Jan 19, 2023 Feb 01, 2023 $0.605 0.692%
7 Sep 21, 2022 Oct 20, 2022 Nov 01, 2022 $0.550 0.581%
8 Jul 06, 2022 Jul 21, 2022 Aug 01, 2022 $0.550 0.573%
9 Mar 09, 2022 Apr 21, 2022 May 02, 2022 $0.550 0.570%
10 Dec 10, 2021 Jan 20, 2022 Feb 01, 2022 $0.550 0.518%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

low (64.39%)

Growth potential

Stable (7.51%)

CVS Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from CVS dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in CVS stock here.

Comparing CVS to Sector and Country

CVS pays a solid dividend yield of 3.79%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.446%). CVS’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.54%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of CVS's dividend payments?
The amount of CVS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in CVS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from CVS stock be automatically reinvested?
If CVS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy CVS stock.

How often does CVS pay dividend?
CVS Health (CVS) pays dividends quarterly. The most recent payout was on May 01, 2024.

How much does CVS pays per share?
The last recorder (Apr 19, 2024) dividend per share was $0.665.

What is CVS dividend growth rate?
Over the last year, CVS Health has witnessed growth rate of 9.92% . Looking back over the past 3 years, this growth rate has been 9.97%. Furthermore, examining the past 5 years, CVS Health has maintained an average Dividends Per Share Growth Rate of 5.87%.
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About CVS Health Corporation

CVS Health CVS Health Corporation provides health services in the United States. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Its Pharmacy Services segment of... CVS Profile

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