Merck & Co., Inc. (MRK) Dividend History
Income profile from 1970 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
Payout ratio data not available yet.
Consistency
15 straight years of dividend increases.
Income Trend
Yield on cost is 4.2% and trend is rising.
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.
Income Growth Story
Dividend per share and yield on cost over time (57 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Merck & Co., Inc. has limited earnings payout data (Unknown).
Piotroski F-Score: 2/9 — weak financial health.
Growth Track Record
MRK has raised its dividend for 15 consecutive years, with a 3-year CAGR of 5.4% and 5-year CAGR of 6.7%.
Total Shareholder Returns
Beyond cash dividends, MRK returns capital through share repurchases. The combined picture: 0.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.2% and is currently rising. The 5-year total return is 100.7%, with dividends contributing 21.4% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,024 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 16, 2026Latest | $0.8500 | — | 2.68% | Apr 7, 2026 |
| Dec 15, 2025 | $0.8500 | ↑ +4.9% | 3.27% | Jan 8, 2026 |
| Sep 15, 2025 | $0.8100 | — | 4.00% | Oct 7, 2025 |
| Jun 16, 2025 | $0.8100 | — | 3.95% | Jul 8, 2025 |
| Mar 17, 2025 | $0.8100 | — | 3.33% | Apr 7, 2025 |
| Dec 16, 2024 | $0.8100 | ↑ +5.2% | 3.12% | Jan 8, 2025 |
| Sep 16, 2024 | $0.7700 | — | 2.61% | Oct 7, 2024 |
| Jun 17, 2024 | $0.7700 | — | 2.38% | Jul 8, 2024 |
Dividend Peer Comparison
Peer group: Vaccines and plasma-derived therapies
Annual Dividend History
57 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.85 | — | 1 | — | — | — | 1.1% |
| 2025 | $3.28 | 5.1% | 4 | $7.28 | 45.1% | 2.22x | 4.2% |
| 2024 | $3.12 | 5.4% | 4 | $6.74 | 46.3% | 2.16x | 4.0% |
| 2023 | $2.96 | 5.7% | 4 | $0.14 | 2114.3% | 0.05x | 3.8% |
| 2022 | $2.80 | 7.3% | 4 | $5.71 | 49.0% | 2.04x | 3.6% |
| 2021 | $2.61 | 10.3% | 4 | $5.14 | 50.8% | 1.97x | 3.4% |
| 2020 | $2.37 | 9.7% | 4 | $2.78 | 85.1% | 1.17x | 3.1% |
| 2019 | $2.16 | 13.6% | 4 | $3.82 | 56.5% | 1.77x | 2.8% |
| 2018 | $1.90 | 5.3% | 4 | $2.32 | 81.8% | 1.22x | 2.5% |
| 2017 | $1.80 | 2.2% | 4 | $0.93 | 193.9% | 0.52x | 2.3% |
See MRK'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 MRK pay per share?
Merck & Co., Inc. (MRK) pays a trailing 12-month dividend of $4.13 per share, with a current dividend yield of N/A. Payments are made Annual.
When is MRK's next ex-dividend date?
MRK's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MRK typically pays dividends Annual.
Is MRK's dividend safe?
MRK's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of N/A. With 15 consecutive years of dividend growth, the track record supports sustainability.
Is MRK a Dividend Achiever?
Yes, Merck & Co., Inc. is classified as a Dividend Achiever with 15 consecutive years of dividend increases. The 5-year dividend CAGR is +6.7%, demonstrating above-inflation dividend growth.
How often does MRK pay dividends?
Merck & Co., Inc. pays dividends Annual. The trailing 12-month total is $4.13 per share. Dividend data on this page covers 56+ years from 1970 to 2026.
How much would $10,000 invested in MRK grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MRK five years ago would be worth approximately $20,074 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MRK's yield on cost for long-term holders?
MRK's yield on cost — the current dividend divided by the original purchase price — is +4.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's N/A market yield, thanks to consistent dividend growth.