Elevance Health Inc. (ELV) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
ELV Dividend Income Check
Safety
27.0% payout ratio with sustainable safety profile.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 2.1% and trend is rising.
ELV Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ELV Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
ELV Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Dividend Analysis
Payout Safety
Elevance Health Inc. distributes 27.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 23.2%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
ELV has raised its dividend for 15 consecutive years, with a 3-year CAGR of 10.1% and 5-year CAGR of 12.5%.
Total Shareholder Returns
Beyond cash dividends, ELV returns capital through share repurchases. The combined picture: 1.8% dividend yield, 3.1% buyback yield, 4.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 2.1% and is currently rising. The 5-year total return is 13.4%, with dividends contributing 8.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,765 today.
ELV Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 10, 2026Latest | $1.7200 | — | 1.70% | Jun 25, 2026 |
| Mar 10, 2026 | $1.7200 | ↑ +0.6% | 2.42% | Mar 25, 2026 |
| Dec 5, 2025 | $1.7100 | — | 2.07% | Dec 19, 2025 |
| Sep 10, 2025 | $1.7100 | — | 2.20% | Sep 25, 2025 |
| Jun 10, 2025 | $1.7100 | — | 1.74% | Jun 25, 2025 |
| Mar 10, 2025 | $1.7100 | ↑ +4.9% | 1.61% | Mar 25, 2025 |
| Dec 5, 2024 | $1.6300 | — | 1.66% | Dec 20, 2024 |
| Sep 10, 2024 | $1.6300 | — | 1.17% | Sep 25, 2024 |
ELV Dividend vs Peers
Comparable companies in the same industry
ELV Annual Dividend History (2001–2026)
26 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.44 | — | 2 | — | — | — | 1.1% |
| 2025 | $6.84 | 4.9% | 4 | $25.12 | 27.2% | 3.67x | 2.1% |
| 2024 | $6.52 | 10.1% | 4 | $25.68 | 25.4% | 3.94x | 2.0% |
| 2023 | $5.92 | 15.6% | 4 | $25.22 | 23.5% | 4.26x | 1.9% |
| 2022 | $5.12 | 13.3% | 4 | $24.28 | 21.1% | 4.74x | 1.6% |
| 2021 | $4.52 | 18.9% | 4 | $24.73 | 18.3% | 5.47x | 1.4% |
| 2020 | $3.80 | 18.7% | 4 | $17.98 | 21.1% | 4.73x | 1.2% |
| 2019 | $3.20 | 6.7% | 4 | $18.47 | 17.3% | 5.77x | 1.0% |
| 2018 | $3.00 | 11.1% | 4 | $14.19 | 21.1% | 4.73x | 0.9% |
| 2017 | $2.70 | 3.8% | 4 | $14.35 | 18.8% | 5.31x | 0.8% |
Full Stock Analysis
Deep dive into ELV consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
15+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ELV — Frequently Asked Questions
Quick answers to the most common questions about buying ELV stock.
How much dividend does ELV pay per share?
Elevance Health Inc. (ELV) pays a trailing 12-month dividend of $6.89 per share, with a current dividend yield of +1.8%. Payments are made Semi-Annual.
When is ELV's next ex-dividend date?
ELV's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ELV typically pays dividends Semi-Annual.
Is ELV's dividend safe?
ELV's dividend safety is rated "Sustainable" based on an earnings payout ratio of +27.0% and FCF payout ratio of +23.2%. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is ELV a Dividend Achiever?
Yes, Elevance Health Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +12.5%, demonstrating above-inflation dividend growth.
How often does ELV pay dividends?
Elevance Health Inc. pays dividends Semi-Annual. The trailing 12-month total is $6.89 per share. Dividend data on this page covers 15+ years from 2011 to 2026.
How much would $10,000 invested in ELV grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ELV five years ago would be worth approximately $11,338 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ELV's yield on cost for long-term holders?
ELV's yield on cost — the current dividend divided by the original purchase price — is +2.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to consistent dividend growth.