NYSE · Dividend

Elevance Health, Inc. (ELV) Dividend

$430.93 NYSE: ELV Market Cap $93.46B

Metric	Value
Dividend Yield	1.74%
Indicated Annual Dividend	$7.50
Payout Ratio	29.23%
FCF Yield	6.83%
Current Price	$430.93

Dividend Analysis

Elevance Health, Inc. (ELV) currently pays a dividend yielding 1.74%, an indicated annual rate of roughly $7.50 per share. The payout ratio is 29.23%, meaning less than 40% of reported earnings were paid out as dividends. Free cash flow yield is 6.83%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

Elevance Health, Inc. pays quarterly; the payout ratio is 29.2% of earnings; free cash flow yield of 6.83% covers the 1.56% dividend yield.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$6.72
Dividend yieldAnnual dividend as a percentage of the share price.	1.56%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$1.68

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	2.3	$15.60	$3.90
$5,000	11.6	$78.00	$19.50
$10,000	23.2	$156.00	$39.00
$25,000	58.0	$390.00	$97.50
$50,000	116.0	$780.00	$195.00

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$450.69	1.49%
Today	$430.93	1.56%
At the 52-week low	$274.84	2.45%

Dividend yield against peers

Elevance Health, Inc. ranks 3 of 6 by dividend yield among these companies; 2 yield more.

Company	Yield	P/E	Price
CVS Health Corporation (CVS)	2.98%	23.27	$92.28
The Cigna Group (CI)	2.29%	11.22	$306.11
Elevance Health, Inc. (ELV)	1.56%	18.74	$430.93
Humana Inc. (HUM)	0.89%	37.38	$417.30
Alignment Healthcare, Inc. (ALHC)	0.00%	41.70	$7.87
Centene Corporation (CNC)	0.00%	-6.18	$67.97