Page title
Section title
- Dividend Yield
- 4.23%
- Payout Ratio
- 45.20%
- Dividend Amount Per Share
- $2.54
- Last Ex-Dividend Date
- Oct 21, 2024
CVS Dividend Safety
CVS paid out 45.20% of its $8B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
CVS's Dividend Payout Ratio of 45.196% is considered safe for the Healthcare sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
CVS's Interest Coverage Ratio of 4.264 indicates strong financial health with easy coverage of interest expenses.
Income Quality
CVS shows excellent income quality with a ratio of 1.604. This indicates high-quality earnings and low risk of dividend cuts.
CVS Dividend Growth
CVS Health Corporation(CVS) offers a dividend yield of 4.23% and pays $2.54 in dividends per share. Explore the historical dividend growth of CVS.
Dividend Stability
CVS has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
CVS's dividend payments have shown moderate growth, growing by 5.869% annually over the last 5 years.
Earnings Growth
CVS's earnings have shown moderate growth, growing by 4.694% annually over the last 5 years. Moderate growth indicates some stability but also potential uncertainty, suggesting that while dividends can continue, significant increases might be less likely.
CVS Dividend Yield Attractiveness
CVS Health Corporation(CVS) provides a dividend yield of 4.23%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.46%
2.01%
4.15%
4.23%
Dividend Yield
CVS's dividend yield of 4.23% is considered good compared to the sector average of 4.145%, providing a strong safety margin for investors.
CVS Cash Flow
Over the past 12 months, CVS generated $362B in revenue, produced $5B in free cash flow, and distributed $3B in dividends.
Free Cash Flow Growth
CVS's free cash flow has grown by 0.008% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
CVS Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by CVS Health Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.