CVS Health Dividends and Buybacks
Dividend criteria checks 4/6
CVS Health is a dividend paying company with a current yield of 5% that is well covered by earnings.
Key information
5.0%
Dividend yield
4.2%
Buyback Yield
| Total Shareholder Yield | 9.2% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 8.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$2.660 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CVS's dividends per share have been stable in the past 10 years.
Growing Dividend: CVS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CVS Health Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CVS) | 5.0% |
| Market Bottom 25% (PE) | 0% |
| Market Top 25% (PE) | 0% |
| Industry Average (Healthcare) | 0% |
| Analyst forecast (CVS) (up to 3 years) | 4.8% |
Notable Dividend: CVS's dividend (5%) is higher than the bottom 25% of dividend payers in the PE market (3.83%).
High Dividend: CVS's dividend (5%) is low compared to the top 25% of dividend payers in the PE market (12.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), CVS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (198.4%), CVS's dividend payments are not well covered by cash flows.