ABBV vs ELV: Which Is the Better Dividend Stock?
As of September 2026, ELV (Elevance Health, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ABBV offers the higher yield at 2.62%, ELV has the higher dividend-safety score, and ELV trades at the larger discount to fair value (+43%).
| Metric | ABBV | ELV |
|---|---|---|
| Forward yield | 2.62% | 1.67% |
| Annual dividend | $6.92 | $6.88 |
| Payout ratio | 190% | 30% |
| Years of growth | 12 yr | 14 yr |
| 5-yr dividend growth | 6.8% | 12.5% |
| 5-yr total return | 130% | -6% |
| Dividend safety score | 80 (A) | 90 (A) |
| Fair value estimate | $221.69 | $588.95 |
| Upside to fair value | -16% | +43% |
| Frequency | quarterly | quarterly |
| Market cap | $466.4B | $89.1B |
| P/E ratio | 74.6 | 18.2 |
Higher yield
ABBV
2.62%
Safer dividend
ELV
Grade A
Faster growth
ELV
12.5%
Better value
ELV
+43% upside
ABBV vs ELV — FAQ
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