ABBV vs ELV: Which Is the Better Dividend Stock?
As of July 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 2.69%, ELV has the higher dividend-safety score, and ELV trades at the larger discount to fair value (+61%).
| Metric | ABBV | ELV |
|---|---|---|
| Forward yield | 2.69% | 1.82% |
| Annual dividend | $6.92 | $6.88 |
| Payout ratio | 326% | 30% |
| Years of growth | 12 yr | 14 yr |
| 5-yr dividend growth | 6.8% | 12.5% |
| 5-yr total return | 115% | 1% |
| Dividend safety score | 79 (B) | 87 (A) |
| Fair value estimate | $296.35 | $607.00 |
| Upside to fair value | +14% | +61% |
| Frequency | quarterly | quarterly |
| Market cap | $458.2B | $81.9B |
| P/E ratio | 126.5 | 16.7 |
Higher yield
ABBV
2.69%
Safer dividend
ELV
Grade A
Faster growth
ELV
12.5%
Better value
ELV
+61% upside
ABBV vs ELV — FAQ
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