CVS Health (CVS) Dividend History & Yield
CVS Health (CVS) has increased its dividend for multiple years and currently yields 3.62%. The most recent payment was $0.6650/share on Apr 23, 2026, paid Quarterly.
CVS
Current Yield
3.62%
TTM Dividend/Share
$2.66
Payment Frequency
Quarterly
Payout Ratio
192.1%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
0.00%
Div Growth (5Y CAGR)
5.87%
Div Growth (10Y CAGR)
6.63%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 192.1%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($6.16) covers dividend/share ($2.66).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Apr 23, 2026
- Payment date
- May 4, 2026
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 3.62%
Ex-date Jan 22, 2026
- Payment date
- Feb 2, 2026
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 3.22%
Ex-date Oct 23, 2025
- Payment date
- Nov 3, 2025
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 3.28%
Ex-date Jul 22, 2025
- Payment date
- Aug 1, 2025
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 4.35%
Ex-date Apr 22, 2025
- Payment date
- May 1, 2025
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 4.06%
Ex-date Jan 23, 2025
- Payment date
- Feb 3, 2025
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 4.94%
Ex-date Oct 21, 2024
- Payment date
- Nov 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 4.57%
Ex-date Jul 22, 2024
- Payment date
- Aug 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 4.46%
Ex-date Apr 19, 2024
- Payment date
- May 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 3.64%
Ex-date Jan 19, 2024
- Payment date
- Feb 1, 2024
- Dividend
- $0.6650
- Adj. dividend
- $0.6650
- Yield (ex-date)
- 3.39%
Ex-date Oct 19, 2023
- Payment date
- Nov 1, 2023
- Dividend
- $0.6050
- Adj. dividend
- $0.6050
- Yield (ex-date)
- 3.43%
Ex-date Jul 20, 2023
- Payment date
- Aug 1, 2023
- Dividend
- $0.6050
- Adj. dividend
- $0.6050
- Yield (ex-date)
- 3.16%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Apr 23, 2026 | May 4, 2026 | $0.6650 | $0.6650 | 3.62% |
| Jan 22, 2026 | Feb 2, 2026 | $0.6650 | $0.6650 | 3.22% |
| Oct 23, 2025 | Nov 3, 2025 | $0.6650 | $0.6650 | 3.28% |
| Jul 22, 2025 | Aug 1, 2025 | $0.6650 | $0.6650 | 4.35% |
| Apr 22, 2025 | May 1, 2025 | $0.6650 | $0.6650 | 4.06% |
| Jan 23, 2025 | Feb 3, 2025 | $0.6650 | $0.6650 | 4.94% |
| Oct 21, 2024 | Nov 1, 2024 | $0.6650 | $0.6650 | 4.57% |
| Jul 22, 2024 | Aug 1, 2024 | $0.6650 | $0.6650 | 4.46% |
| Apr 19, 2024 | May 1, 2024 | $0.6650 | $0.6650 | 3.64% |
| Jan 19, 2024 | Feb 1, 2024 | $0.6650 | $0.6650 | 3.39% |
| Oct 19, 2023 | Nov 1, 2023 | $0.6050 | $0.6050 | 3.43% |
| Jul 20, 2023 | Aug 1, 2023 | $0.6050 | $0.6050 | 3.16% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 28 year-over-year increases across 41 calendar years of data (1985–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.6600 | — | — |
| 2025 | $2.6600 | $2.6600 | 0.0% |
| 2024 | $2.4200 | $2.6600 | +9.9% |
| 2023 | $2.2000 | $2.4200 | +10.0% |
| 2022 | $2.0000 | $2.2000 | +10.0% |
| 2021 | $2.0000 | $2.0000 | 0.0% |
| 2020 | $2.0000 | $2.0000 | 0.0% |
| 2019 | $2.0000 | $2.0000 | 0.0% |
| 2018 | $2.0000 | $2.0000 | 0.0% |
| 2017 | $1.7000 | $2.0000 | +17.6% |
| 2016 | $1.4000 | $1.7000 | +21.4% |
| 2015 | $1.1000 | $1.4000 | +27.3% |
| 2014 | $0.9000 | $1.1000 | +22.2% |
| 2013 | $0.6500 | $0.9000 | +38.5% |
| 2012 | $0.5000 | $0.6500 | +30.0% |
| 2011 | $0.3500 | $0.5000 | +42.9% |
| 2010 | $0.3050 | $0.3500 | +14.8% |
| 2009 | $0.2580 | $0.3050 | +18.2% |
| 2008 | $0.2288 | $0.2580 | +12.8% |
| 2007 | $0.1550 | $0.2288 | +47.6% |
| 2006 | $0.1455 | $0.1550 | +6.5% |
| 2005 | $0.1338 | $0.1455 | +8.8% |
| 2004 | $0.1150 | $0.1338 | +16.3% |
| 2003 | $0.1150 | $0.1150 | 0.0% |
| 2002 | $0.1150 | $0.1150 | 0.0% |
| 2001 | $0.1150 | $0.1150 | 0.0% |
| 2000 | $0.1150 | $0.1150 | 0.0% |
| 1999 | $0.1124 | $0.1150 | +2.4% |
| 1998 | $0.0485 | $0.1124 | +131.6% |
| 1997 | $1.5575 | $0.0485 | -96.9% |
| 1996 | $0.3800 | $1.5575 | +309.9% |
| 1995 | $0.3800 | $0.3800 | 0.0% |
| 1994 | $0.3800 | $0.3800 | 0.0% |
| 1993 | $0.3700 | $0.3800 | +2.7% |
| 1992 | $0.3600 | $0.3700 | +2.8% |
| 1991 | $0.3550 | $0.3600 | +1.4% |
| 1990 | $0.3250 | $0.3550 | +9.2% |
| 1989 | $0.2625 | $0.3250 | +23.8% |
| 1988 | $0.2200 | $0.2625 | +19.3% |
| 1987 | $0.1950 | $0.2200 | +12.8% |
| 1986 | $0.1800 | $0.1950 | +8.3% |
| 1985 | — | $0.1800 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does CVS Health pay dividends?
- Yes, CVS Health (CVS) pays quarterly dividends of approximately $2.66 per share annually, yielding 3.62%.
What is CVS Health's dividend yield?
- CVS Health (CVS) has a current dividend yield of 3.62%.
Is CVS Health's dividend safe?
- CVS Health (CVS) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has CVS Health increased its dividend?
- CVS Health (CVS) has 0 consecutive years of dividend increases.
What is CVS Health's dividend payout ratio?
- CVS Health (CVS) has a dividend payout ratio of 192.1%.