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 offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The company's Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. As of December 31, 2021, it operated approximately 9,900 retail locations and 1,200 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
CVS Health Dividend Announcement
• CVS Health announced a quarterly dividend of $0.67 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-21
• CVS Health annual dividend for 2024 was $2.66
• CVS Health annual dividend for 2023 was $2.42
• CVS Health's trailing twelve-month (TTM) dividend yield is 4.0%
• CVS Health's payout ratio for the trailing twelve months (TTM) is 45.29%
• CVS Health's dividend growth over the last five years (2018-2023) was 3.89% year
• CVS Health's dividend growth over the last ten years (2013-2023) was 10.40% year
CVS Health Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-21 | $0.67 | quarterly | 2024-11-01 |
| 2024-07-22 | $0.67 | quarterly | 2024-08-01 |
| 2024-04-19 | $0.67 | quarterly | 2024-05-01 |
| 2024-01-19 | $0.67 | quarterly | 2024-02-01 |
| 2023-10-19 | $0.60 | quarterly | 2023-11-01 |
| 2023-07-20 | $0.60 | quarterly | 2023-08-01 |
| 2023-04-20 | $0.60 | quarterly | 2023-05-01 |
| 2023-01-19 | $0.60 | quarterly | 2023-02-01 |
| 2022-10-20 | $0.55 | quarterly | 2022-11-01 |
| 2022-07-21 | $0.55 | quarterly | 2022-08-01 |
| 2022-04-21 | $0.55 | quarterly | 2022-05-02 |
| 2022-01-20 | $0.55 | quarterly | 2022-02-01 |
| 2021-10-21 | $0.50 | quarterly | 2021-11-01 |
| 2021-07-22 | $0.50 | quarterly | 2021-08-02 |
| 2021-04-22 | $0.50 | quarterly | 2021-05-03 |
| 2021-01-21 | $0.50 | quarterly | 2021-02-01 |
| 2020-10-21 | $0.50 | quarterly | 2020-11-02 |
| 2020-07-22 | $0.50 | quarterly | 2020-08-03 |
| 2020-04-22 | $0.50 | quarterly | 2020-05-04 |
| 2020-01-22 | $0.50 | quarterly | 2020-02-03 |
| 2019-10-23 | $0.50 | quarterly | 2019-11-04 |
| 2019-07-24 | $0.50 | quarterly | 2019-08-02 |
| 2019-04-22 | $0.50 | quarterly | 2019-05-03 |
| 2019-01-24 | $0.50 | quarterly | 2019-02-04 |
| 2018-10-23 | $0.50 | quarterly | 2018-11-01 |
| 2018-07-24 | $0.50 | quarterly | 2018-08-01 |
| 2018-04-20 | $0.50 | quarterly | 2018-05-03 |
| 2018-01-23 | $0.50 | quarterly | 2018-02-02 |
| 2017-10-23 | $0.50 | quarterly | 2017-11-03 |
| 2017-07-20 | $0.50 | quarterly | 2017-08-03 |
| 2017-04-19 | $0.50 | quarterly | 2017-05-01 |
| 2017-01-20 | $0.50 | quarterly | 2017-02-02 |
| 2016-10-20 | $0.42 | quarterly | 2016-11-03 |
| 2016-07-19 | $0.42 | quarterly | 2016-08-01 |
| 2016-04-20 | $0.42 | quarterly | 2016-05-02 |
| 2016-01-20 | $0.42 | quarterly | 2016-02-02 |
| 2015-10-20 | $0.35 | quarterly | 2015-11-02 |
| 2015-07-21 | $0.35 | quarterly | 2015-08-03 |
| 2015-04-22 | $0.35 | quarterly | 2015-05-04 |
| 2015-01-20 | $0.35 | quarterly | 2015-02-02 |
| 2014-10-21 | $0.28 | quarterly | 2014-11-03 |
| 2014-07-17 | $0.28 | quarterly | 2014-08-01 |
| 2014-04-17 | $0.28 | quarterly | 2014-05-02 |
| 2014-01-21 | $0.28 | quarterly | 2014-02-03 |
| 2013-10-17 | $0.23 | quarterly | 2013-11-01 |
| 2013-07-18 | $0.23 | quarterly | 2013-08-02 |
| 2013-04-19 | $0.23 | quarterly | 2013-05-03 |
| 2013-01-22 | $0.23 | quarterly | 2013-02-04 |
CVS Health Dividend per year
CVS Health Dividend growth
CVS Health Dividend Yield
CVS Health current trailing twelve-month (TTM) dividend yield is 4.0%. Interested in purchasing CVS Health stock? Use our calculator to estimate your expected dividend yield:
CVS Health Financial Ratios
P/E ratio11.35
PEG ratio1.50
P/B ratio1.09
ROE9.60%
Payout ratio45.29%
Current ratio0.86
Quick ratio0.66
Cash Ratio0.15
CVS Health Dividend FAQ
How much is the next CVS Health dividend?
CVS Health's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next CVS Health dividend. The next CVS Health dividend will be released in January, April, July, or October.
When is CVS Health dividend paid?
CVS Health pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does CVS Health pay?
The specific amount of CVS Health dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CVS Health's dividend history.
Does CVS Health stock pay dividends?
Yes, CVS Health does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find CVS Health's dividend history.
How much dividend does CVS Health pay?
CVS Health paid $2.66 in 2024, $2.42 in 2023, $2.2 in 2022, $2.0 in 2021, and $2.0 in 2020.
How often does CVS Health pay dividends?
CVS Health typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is CVS Health's dividend yield?
The current dividend yield for CVS Health is 4.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate CVS Health's exact dividend yield.
When does CVS Health go ex dividend?
CVS Health's ex-dividend date for the latest dividend was on 2024-10-21. CVS Health typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next CVS Health dividend paid?
CVS Health pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will CVS Health increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether CVS Health will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is CVS Health dividend per share?
CVS Health paid $2.66 per share in 2024 and $2.42 per share in 2023. The amount of dividend per share that CVS Health pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is CVS Health a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is CVS Health a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is CVS Health a dividend stock?
Yes, CVS Health is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is CVS Health a good dividend stock?
Whether CVS Health is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. CVS Health has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating CVS Health as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating CVS Health as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does CVS Health pay dividends monthly?
CVS Health typically pays dividends on a quarterly basis.
Does CVS Health pay dividends quarterly?
CVS Health currently pays dividends on a quarterly basis.
Has CVS Health ever paid a dividend?
Yes, CVS Health has a history of paying dividends to its shareholders. CVS Health is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy CVS Health dividend stocks?
To buy CVS Health you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy CVS Health stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy CVS Health stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does CVS Health pay dividends 2024?
CVS Health pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will CVS Health increase its dividend in 2024?
Decisions regarding CVS Health dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date CVS Health dividend overview you can look into the above table of dividend history.
How CVS Health dividend works?
The CVS Health dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how CVS Health's dividend process works:
1. Determination of Dividend: CVS Health's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CVS Health publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CVS Health distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CVS Health are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: CVS Health's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CVS Health publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CVS Health distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CVS Health are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are CVS Health dividends paid?
CVS Health dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: CVS Health sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CVS Health distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVS Health declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: CVS Health sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CVS Health distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVS Health declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does CVS Health pay dividends?
CVS Health typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does CVS Health pay dividends?
The general pattern is that CVS Health pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is CVS Health dividend safe?
The safety of CVS Health's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of CVS Health's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CVS Health's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of CVS Health's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CVS Health's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.