Elevance Health Dividends and Buybacks
Dividend criteria checks 3/6
Elevance Health is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
1.6%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -3.6% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | €6.520 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: A58's dividends per share have been stable in the past 10 years.
Growing Dividend: A58's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elevance Health Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (A58) | 1.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Healthcare) | 2.8% |
| Analyst forecast (A58) (up to 3 years) | 1.8% |
Notable Dividend: A58's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: A58's dividend (1.62%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), A58's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (173.6%), A58's dividend payments are not well covered by cash flows.