SmarterDividends
MRK

Merck & Co., Inc.

MRK55 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

2.83%

Annual Dividend

$3.40

Payout Ratio

94%

5-Yr Growth

6.8%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

MRK Dividend Safety Score

90/ 100
Grade A

Very Safe

Dividend-growth streak55 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage94% of earnings paid out
Free-cash-flow coverage60% of free cash flow
Balance-sheet strengthDebt/equity of 1.07
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 MRK a good dividend stock?

Yes

Merck & Co., Inc. (MRK) pays a quarterly dividend yielding 2.83% ($3.40/yr), with 55 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

  • Dividend King — 55 straight years of increases
  • Never cut its dividend on record
  • Strong 6.8% 5-yr dividend growth
  • 56% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (94%)

Key Data

Dividend Yield
2.83%
Payout Ratio
94%
Annual Dividend
$3.40
5-Yr Avg Growth
6.8%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
55
Frequency
quarterly
Beta
0.22
Market Cap
$297.0B
P/E Ratio
33.9
5-Yr Total Return
56%
52-Week Range
$76.66 – $125.14
Dividend Safety
A · 90/100
Ever Cut?
No
MRK ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.40 / yr per share

Per payment (quarterly)$85.00
Annual$340.00
Monthly avg$28.33