CVS Health Corporation (CVS) Dividend History

NYSE: CVSYield, payment dates, growth and payout ratio.

CVS next dividend

$0.67per share
Ex-dividend dateOct 22Thursday, 2026
Payment dateNov 2Monday, 2026

Ex-dividend in 4 days. Shareholders who own CVS before the ex-dividend date receive this payment.

  • 1985paying since
  • Quarterly4 payments a year
  • +5.9%5-year growth a year
  • 2.88%forward yield

CVS dividend income calculator

Dividend income a year
$266
Each payment
$66
Value of the shares
$9,236
Dividend yield
2.88%

At the latest close; forward annual dividend $2.66 per share, before tax.

CVS dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

CVS dividend safety

Payout ratio (earnings)33.9%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)43.5%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+5.9%
Growing · a year on average
Years of increases0
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

CVS yield on cost

CVS Health Corporation yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$82.523.22%$2.663.2%
3 years ago$71.093.74%$7.9211.1%
5 years ago$84.483.15%$12.4414.7%
10 years ago$87.193.05%$22.3625.6%
20 years ago$31.398.47%$29.3793.6%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

CVS dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 40 payments).

CVS dividends by year

CVS Health Corporation dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$2.660.0%3.35%4
2024$2.66+9.9%5.93%4
2023$2.42+10.0%3.06%4
2022$2.20+10.0%2.36%4
2021$2.000.0%1.94%4
2020$2.000.0%2.93%4
2019$2.000.0%2.69%4
2018$2.000.0%3.05%4
2017$2.00+17.6%2.76%4
2016$1.70+21.4%2.15%4
2015$1.40+27.3%1.43%4
2014$1.10+22.2%1.14%4
2013$0.90+38.0%1.26%4
2012$0.65+30.4%1.35%4
2011$0.50+42.0%1.23%4
2010$0.35+15.8%1.01%4
2009$0.30+17.8%0.94%4
2008$0.26+12.7%0.90%4
2007$0.23+46.8%0.58%4
2006$0.16—0.50%4

CVS dividend history

170 payments
CVS Health Corporation dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-10-222026-11-02$0.665—Quarterly
2026-07-232026-08-03$0.665—Quarterly
2026-04-232026-05-04$0.665—Quarterly
2026-01-222026-02-02$0.665—Quarterly
2025-10-232025-11-03$0.665—Quarterly
2025-07-222025-08-01$0.665—Quarterly
2025-04-222025-05-01$0.665—Quarterly
2025-01-232025-02-03$0.665—Quarterly
2024-10-212024-11-01$0.665—Quarterly
2024-07-222024-08-01$0.665—Quarterly
2024-04-192024-05-01$0.665—Quarterly
2024-01-192024-02-01$0.665+9.9%Quarterly
2023-10-192023-11-01$0.605—Quarterly
2023-07-202023-08-01$0.605—Quarterly
2023-04-202023-05-01$0.605—Quarterly
2023-01-192023-02-01$0.605+10.0%Quarterly
Show all 170 payments
Ex-dividend datePayment dateAmountChangeFrequency
2022-10-202022-11-01$0.55—Quarterly
2022-07-212022-08-01$0.55—Quarterly
2022-04-212022-05-02$0.55—Quarterly
2022-01-202022-02-01$0.55+10.0%Quarterly
2021-10-212021-11-01$0.5—Quarterly
2021-07-222021-08-02$0.5—Quarterly
2021-04-222021-05-03$0.5—Quarterly
2021-01-212021-02-01$0.5—Quarterly
2020-10-212020-11-02$0.5—Quarterly
2020-07-222020-08-03$0.5—Quarterly
2020-04-222020-05-04$0.5—Quarterly
2020-01-222020-02-03$0.5—Quarterly
2019-10-232019-11-04$0.5—Quarterly
2019-07-242019-08-02$0.5—Quarterly
2019-04-222019-05-03$0.5—Quarterly
2019-01-242019-02-04$0.5—Quarterly
2018-10-232018-11-01$0.5—Quarterly
2018-07-242018-08-01$0.5—Quarterly
2018-04-202018-05-03$0.5—Quarterly
2018-01-232018-02-02$0.5—Quarterly
2017-10-232017-11-03$0.5—Quarterly
2017-07-202017-08-03$0.5—Quarterly
2017-04-192017-05-01$0.5—Quarterly
2017-01-202017-02-02$0.5+17.6%Quarterly
2016-10-202016-11-03$0.425—Quarterly
2016-07-192016-08-01$0.425—Quarterly
2016-04-202016-05-02$0.425—Quarterly
2016-01-202016-02-02$0.425+21.4%Quarterly
2015-10-202015-11-02$0.35—Quarterly
2015-07-212015-08-03$0.35—Quarterly
2015-04-222015-05-04$0.35—Quarterly
2015-01-202015-02-02$0.35+27.3%Quarterly
2014-10-212014-11-03$0.275—Quarterly
2014-07-172014-08-01$0.275—Quarterly
2014-04-172014-05-02$0.275—Quarterly
2014-01-212014-02-03$0.275+22.2%Quarterly
2013-10-172013-11-01$0.225—Quarterly
2013-07-182013-08-02$0.225—Quarterly
2013-04-192013-05-03$0.225—Quarterly
2013-01-222013-02-04$0.225+38.0%Quarterly
2012-10-182012-11-02$0.163—Quarterly
2012-07-192012-08-03$0.163—Quarterly
2012-04-192012-05-03$0.163—Quarterly
2012-01-192012-02-02$0.163+30.4%Quarterly
2011-10-192011-11-01$0.125—Quarterly
2011-07-202011-08-02$0.125—Quarterly
2011-04-192011-05-03$0.125—Quarterly
2011-01-192011-02-02$0.125+42.0%Quarterly
2010-10-202010-11-02$0.088—Quarterly
2010-07-202010-08-02$0.088—Quarterly
2010-04-212010-05-04$0.088—Quarterly
2010-01-202010-02-02$0.088+15.8%Quarterly
2009-10-202009-11-03$0.076—Quarterly
2009-07-212009-08-03$0.076—Quarterly
2009-04-202009-05-04$0.076—Quarterly
2009-01-212009-02-03$0.076+10.1%Quarterly
2008-10-172008-11-03$0.069—Quarterly
2008-07-172008-08-01$0.069+15.0%Quarterly
2008-04-172008-05-02$0.06—Quarterly
2008-01-172008-02-01$0.06—Quarterly
2007-10-182007-11-02$0.06—Quarterly
2007-07-192007-08-03$0.06—
2007-04-202007-05-04$0.06+22.4%Quarterly
2007-01-182007-02-02$0.049+25.6%Quarterly
2006-10-182006-11-01$0.039—Quarterly
2006-07-192006-08-01$0.039—Quarterly
2006-04-202006-05-03$0.039—Quarterly
2006-01-192006-02-03$0.039+8.3%Quarterly
2005-10-192005-11-01$0.036—Quarterly
2005-07-192005-08-01$0.036−1.4%Quarterly
2005-04-202005-05-02$0.0365—Quarterly
2005-01-202005-02-04$0.0365+7.4%Quarterly
2004-10-202004-11-01$0.034+3.0%Quarterly
2004-07-202004-08-02$0.033—Quarterly
2004-04-212004-05-03$0.033−1.5%Quarterly
2004-01-202004-02-03$0.0335+15.5%Quarterly
2003-10-172003-10-31$0.029—Quarterly
2003-07-172003-08-01$0.029—Quarterly
2003-04-172003-05-02$0.029—Quarterly
2003-01-212003-02-04$0.029—Quarterly
2002-10-172002-11-01$0.029—Quarterly
2002-07-182002-08-02$0.029—Quarterly
2002-04-192002-05-03$0.029—Quarterly
2002-01-182002-02-05$0.029—Quarterly
2001-10-182001-11-02$0.029—Quarterly
2001-07-192001-08-03$0.029—Quarterly
2001-04-202001-05-04$0.029—Quarterly
2001-01-192001-02-05$0.029—Quarterly
2000-10-192000-11-03$0.029—Quarterly
2000-07-202000-08-04$0.029—Quarterly
2000-04-202000-05-04$0.029—Quarterly
2000-01-202000-02-04$0.029—Quarterly
1999-10-201999-11-03$0.029—Quarterly
1999-07-201999-08-03$0.029—Quarterly
1999-04-211999-05-04$0.029—Quarterly
1999-01-201999-02-03$0.029—Quarterly
1998-10-211998-11-02$0.029—Quarterly
1998-07-211998-08-01$0.029+5.5%Quarterly
1998-04-211998-05-01$0.0275—Quarterly
1998-01-211998-02-02$0.0275—Quarterly
1997-10-211997-11-01$0.0275+292.9%Quarterly
1997-07-211997-08-01$0.007—Quarterly
1997-04-211997-05-01$0.007—Quarterly
1997-01-211997-02-01$0.007—
1996-10-21—$0.007−93.6%
1996-10-18—$0.11−92.5%
1996-10-161996-11-01$1.48+5,263.6%
1996-07-191996-08-01$0.0275—
1996-04-181996-05-01$0.0275—
1996-01-191996-02-01$0.0275−71.1%
1995-10-201995-11-01$0.095—
1995-07-201995-08-01$0.095—
1995-04-181995-05-01$0.095—
1995-01-181995-02-01$0.095—
1994-10-181994-11-01$0.095—
1994-07-191994-08-01$0.095—
1994-04-191994-05-01$0.095—
1994-01-181994-02-01$0.095—
1993-10-191993-11-01$0.095—
1993-07-201993-08-01$0.095—
1993-04-191993-05-01$0.095—
1993-01-191993-02-01$0.095+2.7%
1992-10-201992-11-01$0.0925—
1992-07-201992-08-01$0.0925—
1992-04-201992-05-01$0.0925—
1992-01-141992-02-01$0.0925+2.8%
1991-10-161991-11-01$0.09—
1991-07-171991-08-01$0.09—
1991-04-191991-05-01$0.09—
1991-01-151991-02-01$0.09+1.4%
1990-10-181990-11-01$0.0887—
1990-07-171990-08-01$0.0887—
1990-04-201990-05-01$0.0887—
1990-01-161990-02-01$0.0887+9.2%
1989-10-181989-11-01$0.0813—
1989-07-181989-08-01$0.0813—
1989-04-181989-05-01$0.0813—
1989-01-171989-02-01$0.0813+23.8%
1988-10-181988-11-01$0.0656—
1988-07-191988-08-01$0.0656—
1988-04-191988-05-01$0.0656—
1988-01-191988-02-01$0.0656+19.3%
1987-10-201987-11-01$0.055—
1987-07-201987-08-01$0.055—
1987-04-201987-05-01$0.055—
1987-01-201987-02-01$0.055+12.8%
1986-10-15—$0.0488—
1986-07-17—$0.0488—
1986-04-15—$0.0488—
1986-01-17—$0.0488+8.3%
1985-10-21—$0.045—
1985-07-17—$0.045—
1985-04-16—$0.045—
1985-01-16—$0.045—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

CVS stock split history

  • 2:1June 7, 2005
  • 2:1June 16, 1998
  • 2:1March 15, 1989
  • 2:1May 3, 1983

CVS dividend overview

CVS Health pays an annual dividend of $2.66 per share, a yield of 2.88% at the latest close, paid quarterly. It paid $2.66 per share in 2025, unchanged from 2024. Over five years the dividend grew 5.9% a year on average and over ten years 6.6% a year. The payout ratio is 33.9% of trailing earnings.

Related: CVS cash flow statement, CVS key metrics, CVS chart. See the CVS stock overview for the latest quote and news.

CVS dividends FAQ

Does CVS Health pay a dividend?

Yes. CVS Health has paid a regular dividend since 1985, quarterly, most recently $0.67 per share with an ex-dividend date of October 22, 2026.

What is CVS Health's dividend yield?

CVS Health's forward annual dividend is $2.66 per share, a dividend yield of 2.88% at the latest close of $92.36.

When is CVS Health's next dividend?

CVS Health's next dividend of $0.67 per share goes ex-dividend on October 22, 2026 and is paid on November 2, 2026. Shareholders who own the stock before the ex-dividend date receive it.

How often does CVS Health pay dividends?

CVS Health pays dividends quarterly.

How fast is CVS Health's dividend growing?

CVS Health's dividend per share grew from $2.00 in 2020 to $2.66 in 2025, 5.9% a year on average over five years.

What is CVS Health's dividend payout ratio?

CVS Health pays out 33.9% of its trailing earnings as dividends and 43.5% of its free cash flow (fiscal 2025).

Has CVS Health split its stock?

CVS Health has split its stock 4 times: 2:1 on June 7, 2005, 2:1 on June 16, 1998, 2:1 on March 15, 1989, 2:1 on May 3, 1983. Dividends per share on this page are adjusted for splits.

Healthcare Plans: dividends