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 | 3.6% |
| 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 | US$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: 0HG8's dividends per share have been stable in the past 10 years.
Growing Dividend: 0HG8's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Elevance Health Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0HG8) | 1.6% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Healthcare) | 2.2% |
| Analyst forecast (0HG8) (up to 3 years) | 1.8% |
Notable Dividend: 0HG8's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0HG8's dividend (1.62%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 0HG8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (173.6%), 0HG8's dividend payments are not well covered by cash flows.