CVS Health Dividends and Buybacks

Dividend criteria checks 5/6

CVS Health is a dividend paying company with a current yield of 3.95% that is well covered by earnings. Next payment date is on 1st May, 2025 with an ex-dividend date of 22nd April, 2025.

Key information

4.0%

Dividend yield

3.3%

Buyback Yield

Total Shareholder Yield7.2%
Future Dividend Yield5.0%
Dividend Growth6.4%
Next dividend pay date01 May 25
Ex dividend date22 Apr 25
Dividend per shareUS$2.660
Payout ratio73%

Recent dividend and buyback updates

CVS Health (NYSE:CVS) Will Pay A Dividend Of $0.665

Apr 08
CVS Health (NYSE:CVS) Will Pay A Dividend Of $0.665

CVS Health (NYSE:CVS) Is Paying Out A Dividend Of $0.665

Mar 25
CVS Health (NYSE:CVS) Is Paying Out A Dividend Of $0.665

Recent updates

CVS Health (NYSE:CVS) Will Pay A Dividend Of $0.665

Apr 08
CVS Health (NYSE:CVS) Will Pay A Dividend Of $0.665

CVS Health: I Don't Understand The Fuss, But The Worst Is Behind

Mar 30

CVS Health (NYSE:CVS) Is Paying Out A Dividend Of $0.665

Mar 25
CVS Health (NYSE:CVS) Is Paying Out A Dividend Of $0.665

Is CVS Health (NYSE:CVS) A Risky Investment?

Mar 07
Is CVS Health (NYSE:CVS) A Risky Investment?

CVS Health: Incremental Improvement Best Hope For 2025 (Rating Downgrade)

Feb 26

Market Might Still Lack Some Conviction On CVS Health Corporation (NYSE:CVS) Even After 25% Share Price Boost

Feb 17
Market Might Still Lack Some Conviction On CVS Health Corporation (NYSE:CVS) Even After 25% Share Price Boost

Earnings Beat: CVS Health Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 14
Earnings Beat: CVS Health Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

CVS Health Jumps On Q4 Earnings Beat, But Downgrading To Hold

Feb 13

CVS Health Isn't Going To The Dogs

Jan 17

CVS Health: An Attractive 5.8% Safe Yield For Now

Jan 10

Market Cool On CVS Health Corporation's (NYSE:CVS) Earnings Pushing Shares 25% Lower

Dec 26
Market Cool On CVS Health Corporation's (NYSE:CVS) Earnings Pushing Shares 25% Lower

CVS Health: When The Industry Is In Crisis, Don't Pick The Weaker Players

Dec 10

There May Be Some Bright Spots In CVS Health's (NYSE:CVS) Earnings

Nov 19
There May Be Some Bright Spots In CVS Health's (NYSE:CVS) Earnings

CVS Health: Cheap But No Signs Of Turnaround (Yet)

Nov 06

CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet

Nov 03
CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet
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Why CVS’s Valuation Signals Opportunity

Oct 30CVS Health has just faced a stock decline of about 10% after its preliminary Q3 earnings miss, which made the entire market aware. The decline is contributed largely to a $1.1 billion charge connected

CVS Health Stock Dip: Undervalued And Ready For A Turnaround

Oct 24

CVS Health: Glenview's Activism Ramps Up Pressure On Management

Sep 30

CVS Health: At Least There's A Valuable Lesson (Rating Downgrade)

Sep 10

A Piece Of The Puzzle Missing From CVS Health Corporation's (NYSE:CVS) Share Price

Aug 08
A Piece Of The Puzzle Missing From CVS Health Corporation's (NYSE:CVS) Share Price

CVS Health Q2 Earnings: CEO's Swinging Axe May Have Ended The Bear Run

Aug 07

Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden

Jul 21
Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden

CVS Health: A Better Investment Than Walgreens Boots Alliance

Jul 09

Vltava Fund - CVS Health Corp.: Why We Sold CVS

Jul 03

CVS Health: Mismanagement, Eroding Moat And Poor Momentum Make It A Sell

Jun 21

The Correct Play On CVS Health

Jun 06

CVS Health: Downside Movement Is Overdramatic

May 26

CVS Health: Secure Dividend And Upside Potential Presents Compelling Opportunity

May 15

We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now

May 10
We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now

Upcoming Dividend Payment

TodayApr 17 2025Ex Dividend DateApr 22 2025Dividend Pay DateMay 01 20259 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

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
How does CVS dividend yield compare to the market?
SegmentDividend Yield
Company (CVS)4.0%
Market Bottom 25% (US)1.7%
Market Top 25% (US)5.0%
Industry Average (Healthcare)1.9%
Analyst forecast (CVS) (up to 3 years)5.0%

Notable Dividend: CVS's dividend (3.95%) is higher than the bottom 25% of dividend payers in the US market (1.69%).

High Dividend: CVS's dividend (3.95%) is low compared to the top 25% of dividend payers in the US market (5.02%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.6%), CVS's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (53.1%), CVS's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/17 16:29
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CVS Health Corporation is covered by 60 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harshit GuptaAccountability Research Corporation
Christopher GrajaArgus Research Company
Samuel HudsonAtlantic Equities LLP