Elevance Health is a dividend paying company with a current yield of 1.24% that is well covered by earnings. Next payment date is on 25th June, 2024 with an ex-dividend date of 10th June, 2024.
Key information
1.2%
Dividend yield
23%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
25 Jun 24
Ex dividend date
10 Jun 24
Dividend per share
n/a
Earnings per share
Mex$26.87
Dividend yield forecast in 3Y
1.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELV *'s dividends per share have been stable in the past 10 years.
Growing Dividend: ELV *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Elevance Health Dividend Yield vs Market
How does ELV * dividend yield compare to the market?
Segment
Dividend Yield
Company (ELV *)
1.2%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Healthcare)
3.6%
Analyst forecast in 3 Years (ELV *)
1.4%
Notable Dividend: ELV *'s dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.17%).
High Dividend: ELV *'s dividend (1.24%) is low compared to the top 25% of dividend payers in the MX market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), ELV *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66%), ELV *'s dividend payments are covered by cash flows.