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CVS Health (CVS) Dividend Yield, Date & History

CVS Health logo
$109.45 +1.84 (+1.71%)
As of 12:24 PM Eastern
This is a fair market value price provided by Massive. Learn more.

CVS Health Dividend Summary

Dividend Yield
2.43%
Annual Dividend
$2.66
Upcoming Ex-Dividend Date
Jul. 23
Dividend Increase
Track Record
4 Years
Annualized 5-Year
Dividend Growth
5.87%
Dividend Payout Ratio
117.18%

CVS Health (CVS) pays quarterly dividends, with an annual dividend of $2.66 per share and a dividend yield of 2.43%. Investors who own the stock before the ex-dividend date of Thursday, July 23, 2026 will receive the next quarterly payment of $0.6650 per share, scheduled for Monday, August 3, 2026. CVS has grown its dividend for 4 consecutive years, with an average annual increase of 5.87% in the past 5 years. The company currently pays out 117.18% of its earnings and 17.55% of its cash flow as dividends.

Skip Charts & View Dividend History

CVS Dividend Payments by Quarter

The chart below displays up to four years of CVS Health's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CVS Dividend Yield Over Time

The chart below tracks CVS Health's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

CVS Health vs. The Competition

Compare CVS Health's annual dividend and yield with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeCVS HealthMedical CompaniesNYSE Companies
Annual Dividend$2.66$0.06$1.72
Dividend Yield2.47%2.67%4.15%
Track Record4 years16 years11 years

CVS Health Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings117.18%
Based on This Year's Estimate35.66%
Based on Next Year's Estimate31.70%
Based on Cashflow17.87%

CVS Health Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
7/10/2026quarterly$0.6650 - 2.55%7/23/20267/23/20268/3/2026
3/18/2026quarterly$0.6650 - 3.37%4/23/20264/23/20265/4/2026
1/6/2026quarterly$0.6650 - 3.22%1/22/20261/22/20262/2/2026
9/17/2025quarterly$0.6650 - 3.28%10/23/202510/23/202511/3/2025
7/7/2025quarterly$0.6650 - 3.99%7/22/20257/22/20258/1/2025
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3/20/2025quarterly$0.6650 - 3.89%4/22/20254/22/20255/1/2025
1/3/2025quarterly$0.6650 - 6.02%1/23/20251/23/20252/3/2025
9/19/2024quarterly$0.6650 - 4.6%10/21/202410/21/202411/1/2024

This table shows CVS Health's quarterly dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

CVS Health Dividend - Frequently Asked Questions

The current dividend yield for CVS Health is 2.47%. Learn more on CVS's dividend yield history.

The annual dividend for CVS shares is $2.66. Learn more on CVS's annual dividend history.

CVS Health pays quarterly dividends to shareholders.

CVS Health's next quarterly dividend payment of $0.6650 per share will be made to shareholders on Monday, August 3, 2026.

CVS Health's most recent quarterly dividend payment of $0.6650 per share was made to shareholders on Monday, May 4, 2026.

CVS Health's next ex-dividend date is Thursday, July 23, 2026.

CVS Health's most recent ex-dividend date was Thursday, April 23, 2026.

Over the past five years, the company's dividend has grown by an average of 5.87% per year.

CVS Health has increased its dividend for the past 4 consecutive years.

The most recent change in the company's dividend was an increase of $0.06 on Tuesday, December 5, 2023.

The dividend payout ratio for CVS is:
  • 117.18% based on the trailing year of earnings
  • 35.66% based on this year's estimates
  • 31.70% based on next year's estimates
  • 17.87% based on cash flow

CVS Health's dividend yield of 2.48% is lower than the average Medical company that issues a dividend. The company's 4 consecutive years of dividend growth are not enough to demonstrate a strong track record of dividend growth yet. CVS Health's dividend payout ratio of 117.18% may not be sustainable. However, based on earnings estimates, CVS will have a more sustainable dividend payout ratio of 31.70% next year.

Looking at the stock as a whole, market analysts rate CVS Health stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:CVS) was last updated on 7/21/2026 by MarketBeat.com Staff.
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