Elevance Health (ELV) Dividend History & Yield
Dividend ContenderElevance Health (ELV) has increased its dividend for 15 consecutive years and currently yields 1.73%. The most recent dividend was $1.7200/share on Mar 25, 2026, paid Quarterly.
Current Yield
1.73%
TTM Dividend/Share
$6.85
Payment Frequency
Quarterly
Payout Ratio
29.1%
Consecutive Growth Years
15 (Dividend Contender)
Div Growth (1Y CAGR)
4.91%
Div Growth (5Y CAGR)
12.47%
Div Growth (10Y CAGR)
10.59%
ELV: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
14.2%
FCF payout ratio
5.8%
Net debt / EBITDA
2.5x
Interest coverage
5.39x
ROIC (TTM)
8.5%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 29.1%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($14.31) covers dividend/share ($6.85).
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
15 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 5.8%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (12.5%) exceeds EPS growth (1.8%) — payout ratio expanding.
Per-payment dividend history
Ex-date Jun 10, 2026
- Payment date
- Jun 25, 2026
- Dividend
- $1.7200
- Adj. dividend
- $1.7200
Ex-date Mar 10, 2026
- Payment date
- Mar 25, 2026
- Dividend
- $1.7200
- Adj. dividend
- $1.7200
Ex-date Dec 5, 2025
- Payment date
- Dec 19, 2025
- Dividend
- $1.7100
- Adj. dividend
- $1.7100
Ex-date Sep 10, 2025
- Payment date
- Sep 25, 2025
- Dividend
- $1.7100
- Adj. dividend
- $1.7100
Ex-date Jun 10, 2025
- Payment date
- Jun 25, 2025
- Dividend
- $1.7100
- Adj. dividend
- $1.7100
Ex-date Mar 10, 2025
- Payment date
- Mar 25, 2025
- Dividend
- $1.7100
- Adj. dividend
- $1.7100
Ex-date Dec 5, 2024
- Payment date
- Dec 20, 2024
- Dividend
- $1.6300
- Adj. dividend
- $1.6300
Ex-date Sep 10, 2024
- Payment date
- Sep 25, 2024
- Dividend
- $1.6300
- Adj. dividend
- $1.6300
Ex-date Jun 10, 2024
- Payment date
- Jun 25, 2024
- Dividend
- $1.6300
- Adj. dividend
- $1.6300
Ex-date Mar 7, 2024
- Payment date
- Mar 22, 2024
- Dividend
- $1.6300
- Adj. dividend
- $1.6300
Ex-date Dec 5, 2023
- Payment date
- Dec 21, 2023
- Dividend
- $1.4800
- Adj. dividend
- $1.4800
Ex-date Sep 7, 2023
- Payment date
- Sep 22, 2023
- Dividend
- $1.4800
- Adj. dividend
- $1.4800
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 10, 2026 | Jun 25, 2026 | $1.7200 | $1.7200 |
| Mar 10, 2026 | Mar 25, 2026 | $1.7200 | $1.7200 |
| Dec 5, 2025 | Dec 19, 2025 | $1.7100 | $1.7100 |
| Sep 10, 2025 | Sep 25, 2025 | $1.7100 | $1.7100 |
| Jun 10, 2025 | Jun 25, 2025 | $1.7100 | $1.7100 |
| Mar 10, 2025 | Mar 25, 2025 | $1.7100 | $1.7100 |
| Dec 5, 2024 | Dec 20, 2024 | $1.6300 | $1.6300 |
| Sep 10, 2024 | Sep 25, 2024 | $1.6300 | $1.6300 |
| Jun 10, 2024 | Jun 25, 2024 | $1.6300 | $1.6300 |
| Mar 7, 2024 | Mar 22, 2024 | $1.6300 | $1.6300 |
| Dec 5, 2023 | Dec 21, 2023 | $1.4800 | $1.4800 |
| Sep 7, 2023 | Sep 22, 2023 | $1.4800 | $1.4800 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Elevance Health has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 15 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $6.8400 | — | — |
| 2025 | $6.5200 | $6.8400 | +4.9% |
| 2024 | $5.9200 | $6.5200 | +10.1% |
| 2023 | $5.1200 | $5.9200 | +15.6% |
| 2022 | $4.5200 | $5.1200 | +13.3% |
| 2021 | $3.8000 | $4.5200 | +18.9% |
| 2020 | $3.2000 | $3.8000 | +18.7% |
| 2019 | $3.0000 | $3.2000 | +6.7% |
| 2018 | $2.7000 | $3.0000 | +11.1% |
| 2017 | $2.6000 | $2.7000 | +3.8% |
| 2016 | $2.5000 | $2.6000 | +4.0% |
| 2015 | $1.7500 | $2.5000 | +42.9% |
| 2014 | $1.5000 | $1.7500 | +16.7% |
| 2013 | $1.1495 | $1.5000 | +30.5% |
| 2012 | $1.0000 | $1.1495 | +14.9% |
| 2011 | — | $1.0000 | — |
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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Elevance Health (ELV) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.52B
YoY change
+1.4%
5Y CAGR
+9.9%
Peak year (2025)
$1.53B
Latest annual
$1.53B
Cash dividends paid over time for Elevance Health (ELV)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Elevance Health (ELV)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.53B | +1.4% | +$21.00M | ||
| 2024 | $1.51B | +8.1% | +$113.00M | ||
| 2023 | $1.40B | +13.5% | +$166.00M | ||
| 2022 | $1.23B | +11.3% | +$125.00M | ||
| 2021 | $1.10B | +15.7% | +$150.00M | ||
| 2020 | $954.00M | +16.6% | +$136.00M | ||
| 2019 | $818.00M | +5.4% | +$42.00M | ||
| 2018 | $776.00M | +10.1% | +$71.10M | ||
| 2017 | $704.90M | +3.1% | +$20.90M | ||
| 2016 | $684.00M | +4.2% | +$27.40M | ||
| 2015 | $656.60M | +36.6% | +$175.90M | ||
| 2014 | $480.70M | +7.3% | +$32.70M | ||
| 2013 | $448.00M | +22.0% | +$80.90M | ||
| 2012 | $367.10M | +2.6% | +$9.30M | ||
| 2011 | $357.80M | — | +$357.80M | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | — | — |
As of the 2025 fiscal year, Elevance Health (ELV) reported dividends paid of $1.53B – edged up 1.4% year-over-year.
Through 2020–2025 (5 years), Elevance Health dividends paid delivered a +9.9% annualised rate; sustaining 15 straight years of year-over-year growth.
2025 marks the peak dividends paid at $1.53B, with the historical low of $0 recorded in 2001.
Among 8 Healthcare peers, Elevance Health (ELV) ranks 9th; the peer median for dividends paid is $8.05B.
Elevance Health Dividends Paid 2025: $1.53B
Elevance Health dividends paid in 2025 was $1.53B, edged up 1.4% from 2024. This figure represents the highest annual value in the available history.
Elevance Health Dividends Paid 2024: $1.51B
Elevance Health dividends paid in 2024 was $1.51B, grew 8.1% from 2023.
Elevance Health Dividends Paid 2023: $1.40B
Elevance Health dividends paid in 2023 was $1.40B, grew 13.5% from 2022.
Elevance Health Dividends Paid 2022: $1.23B
Elevance Health dividends paid in 2022 was $1.23B, grew 11.3% from 2021.
Elevance Health Dividends Paid 2021: $1.10B
Elevance Health dividends paid in 2021 was $1.10B.
See more financial history for Elevance Health (ELV).
Sector peers by dividends paid
Companies in the same sector as Elevance Health, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Novo Nordisk (NVO) | $51.76B | Healthcare |
| Johnson & Johnson (JNJ) | $12.38B | Healthcare |
| AbbVie (ABBV) | $11.66B | Healthcare |
| Merck & Co. (MRK) | $8.18B | Healthcare |
| UnitedHealth Group (UNH) | $7.92B | Healthcare |
| Eli Lilly (LLY) | $5.38B | Healthcare |
| Amgen (AMGN) | $5.12B | Healthcare |
| AstraZeneca (AZN) | $5.08B | Healthcare |
Frequently asked questions
Does Elevance Health pay dividends?
Yes, Elevance Health (ELV) pays quarterly dividends of approximately $6.85 per share annually, yielding 1.73%.
What is Elevance Health's dividend yield?
Elevance Health (ELV) has a current dividend yield of 1.73%.
Is Elevance Health's dividend safe?
Elevance Health (ELV) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Elevance Health increased its dividend?
Elevance Health (ELV) has 15 consecutive years of dividend increases.
What is Elevance Health's dividend payout ratio?
Elevance Health (ELV) has a dividend payout ratio of 29.1%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Elevance Health's dividends paid?
Latest reported dividends paid for Elevance Health (ELV) is $1.52B (period ending March 31, 2026).
How has Elevance Health dividends paid changed year-over-year?
Elevance Health (ELV) dividends paid changed +1.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Elevance Health dividends paid?
Elevance Health (ELV) dividends paid compound annual growth rate is +9.9% over the most recent 5 years available.
When did Elevance Health dividends paid hit its highest annual value?
Elevance Health dividends paid reached its highest annual value of $1.53B in 2025.
What was Elevance Health dividends paid in 2024?
Elevance Health (ELV) dividends paid in 2024 was $1.51B.
What was Elevance Health dividends paid in 2025?
Elevance Health (ELV) dividends paid in 2025 was $1.53B.
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