Elevance Health, Inc.
ELVHealthcare · Stock · quarterly payer
$409.44
Add to PortfolioForward Yield
1.68%
Annual Dividend
$6.88
Payout Ratio
29%
5-Yr Growth
12.5%
Ex-Date
Jun 10, 2026
Frequency
Quarterly
ELV Dividend Safety Score
89/ 100
Grade A
Very Safe
Dividend-growth streak14 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage29% of earnings paid out
Free-cash-flow coverage35% of free cash flow
Balance-sheet strengthDebt/equity of 0.72
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ELV a good dividend stock?
YesElevance Health, Inc. (ELV) pays a quarterly dividend yielding 1.68% ($6.88/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (29%)
- Strong 12.5% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.68%
- Payout Ratio
- 29%
- Annual Dividend
- $6.88
- 5-Yr Avg Growth
- 12.5%
- Ex-Dividend Date
- Jun 10, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 0.68
- Market Cap
- $88.9B
- P/E Ratio
- 17.4
- 5-Yr Total Return
- 9%
- 52-Week Range
- $273.71 – $416.07
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 10, 2026 | — | $1.7200 | regular |
| Dec 5, 2025 | — | $1.7100 | regular |
| Sep 10, 2025 | — | $1.7100 | regular |
| Jun 10, 2025 | — | $1.7100 | regular |
| Mar 10, 2025 | — | $1.7100 | regular |
| Dec 5, 2024 | — | $1.6300 | regular |
| Sep 10, 2024 | — | $1.6300 | regular |
| Jun 10, 2024 | — | $1.6300 | regular |
| Mar 7, 2024 | — | $1.6300 | regular |
| Dec 5, 2023 | — | $1.4800 | regular |
| Sep 7, 2023 | — | $1.4800 | regular |
| Jun 8, 2023 | — | $1.4800 | regular |
| Mar 9, 2023 | — | $1.4800 | regular |
| Dec 2, 2022 | — | $1.2800 | regular |
Income Calculator
At $6.88 / yr per share
Per payment (quarterly)$172.00
Annual$688.00
Monthly avg$57.33
