Trailing Dividend / Share
$6.89
Elevance Health Inc. (ELV) Dividend History
Income profile from 2011 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.2%
Payout Ratio
27.0%
Sustainable
Dividend Streak
15 years
3-Second 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.
Dividend Scorecard
Yield & Income
Dividend Yield2.2%
Trailing DPS$6.89
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout27.0%
Earnings SafetySustainable
FCF Payout48.2%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak15 years
3Y CAGR10.1%
5Y CAGR12.5%
Yield on Cost (5Y)2.1%
YOC Trendrising
Total Returns
Buyback Yield3.7%
Total Shareholder Yield5.8%
1Y Total Return-17.6%
5Y Total Return12.0%
Div Contribution (5Y)9.3%
Estimated $10K growth (return + dividends):
5Y ago$11,20210Y ago$27,86920Y ago$48,459
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.
Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
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 48.2%, 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: 2.2% dividend yield, 3.7% buyback yield, 5.8% 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 12.0%, with dividends contributing 9.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,869 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$29.51
Avg/Payment$1.4755
Latest Change+0.6%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 10, 2026Latest | $1.7200 | ↑ +0.6% | 2.14% | 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 |
| Jun 10, 2024 | $1.6300 | — | 1.16% | Jun 25, 2024 |
Dividend Peer Comparison
Peer group: National Multi-Line Health Insurers
#1 yield in peer group
Div Yield
2.2%
#1 of 2
Safety
Sustainable
27.0% payout
Streak
15Y
12.5% 5Y CAGR
Total Shareholder
5.8%
#1 of 2
Annual Dividend History
26 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.72 | — | 1 | — | — | — | 0.5% |
| 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% |
See ELV's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
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 +2.2%. Payments are made 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 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 +48.2%. 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 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 $11,202 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 +2.2% market yield, thanks to consistent dividend growth.