CVS Dividend History & Yield

CVS Health Corporation · NYSE

Stock Healthcare Quarterly payer Consumer StaplesHealthcare
$96.09
-0.67% today
as of Sep 8, 2026
TTM yield
2.77%
$2.66/share over the last 12 months
Forward yield
2.77%
$2.66/share indicated annual rate
Annual dividend
$2.66
per share, forward
Per payment
$0.665
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Oct 22, 2026 Estimated
in 43 days
Next pay date
Nov 5, 2026
in 57 days
Last ex-dividend date
Jul 23, 2026
$0.665 per share
Payout ratio
70%
of earnings
Market cap
122.9B
P/E 25.4
5y dividend CAGR
+5.9%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
41.6
since Jan 16, 1985
1y total return
+35.0%
price +31.4% + dividends 3.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Thu, Oct 22, 2026 (in 43 days) Nov 5, 2026 $0.665 $66.50 Estimated
Thu, Jan 21, 2027 (in 134 days) Feb 4, 2027 $0.665 $66.50 Estimated
Thu, Apr 22, 2027 (in 225 days) May 6, 2027 $0.665 $66.50 Estimated
Thu, Jul 22, 2027 (in 316 days) Aug 5, 2027 $0.665 $66.50 Estimated

Estimated dates and amounts are projected from CVS's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.66 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Oct 20, 2016 to Jul 23, 2026; most recent $0.665$0.00$0.40$0.80Oct 20, 2016: $0.425Oct '16Jan 20, 2017: $0.50Apr 19, 2017: $0.50Jul 20, 2017: $0.50Oct 23, 2017: $0.50Jan 23, 2018: $0.50Jan '18Apr 20, 2018: $0.50Jul 24, 2018: $0.50Oct 23, 2018: $0.50Jan 24, 2019: $0.50Apr 22, 2019: $0.50Apr '19Jul 24, 2019: $0.50Oct 23, 2019: $0.50Jan 22, 2020: $0.50Apr 22, 2020: $0.50Jul 22, 2020: $0.50Jul '20Oct 21, 2020: $0.50Jan 21, 2021: $0.50Apr 22, 2021: $0.50Jul 22, 2021: $0.50Oct 21, 2021: $0.50Oct '21Jan 20, 2022: $0.55Apr 21, 2022: $0.55Jul 21, 2022: $0.55Oct 20, 2022: $0.55Jan 19, 2023: $0.605Jan '23Apr 20, 2023: $0.605Jul 20, 2023: $0.605Oct 19, 2023: $0.605Jan 19, 2024: $0.665Apr 19, 2024: $0.665Apr '24Jul 22, 2024: $0.665Oct 21, 2024: $0.665Jan 23, 2025: $0.665Apr 22, 2025: $0.665Jul 22, 2025: $0.665Jul '25Oct 23, 2025: $0.665Jan 22, 2026: $0.665Apr 23, 2026: $0.665Jul 23, 2026: $0.665

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.50$3.002017: $2.00$2.0020172018: $2.00$2.0020182019: $2.00$2.0020192020: $2.00$2.0020202021: $2.00$2.0020212022: $2.20$2.2020222023: $2.42$2.4220232024: $2.66$2.6620242025: $2.66$2.6620252026 (YTD): $1.995$1.9952026 YTD

How much CVS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month452$43,349$1,200
$500 / month2,256$216,744$6,000
$1,000 / month4,512$433,489$12,000

Based on the forward yield of 2.77%. $10,000 in CVS would currently pay about $277 a year ($23 a month on average). Model reinvestment and growth →

CVS dividend history

Ex-datePay dateAmountChange
Jul 23, 2026 $0.665 +0.0%
Apr 23, 2026 $0.665 +0.0%
Jan 22, 2026 $0.665 +0.0%
Oct 23, 2025 $0.665 +0.0%
Jul 22, 2025 $0.665 +0.0%
Apr 22, 2025 $0.665 +0.0%
Jan 23, 2025 $0.665 +0.0%
Oct 21, 2024 $0.665 +0.0%
Jul 22, 2024 $0.665 +0.0%
Apr 19, 2024 $0.665 +0.0%
Jan 19, 2024 $0.665 +9.9%
Oct 19, 2023 $0.605 +0.0%
Jul 20, 2023 $0.605 +0.0%
Apr 20, 2023 $0.605 +0.0%
Jan 19, 2023 $0.605 +10.0%
Oct 20, 2022 $0.55 +0.0%
Jul 21, 2022 $0.55 +0.0%
Apr 21, 2022 $0.55 +0.0%
Jan 20, 2022 $0.55 +10.0%
Oct 21, 2021 $0.50 +0.0%
Jul 22, 2021 $0.50 +0.0%
Apr 22, 2021 $0.50 +0.0%
Jan 21, 2021 $0.50 +0.0%
Oct 21, 2020 $0.50 +0.0%

CVS dividend increases & cuts

Market-wide changes →

No change to CVS's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

CVS scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About CVS Health Corporation

CVS Health Corporation provides health solutions in the United States. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental, and behavioral health plans; medical management capabilities; Medicare Advantage and Medicare Supplement plans; prescription drug plans (PDPs); and Medicaid health care management services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates.

Sector: Healthcare. Industry: Healthcare Plans. First dividend on our records: Jan 16, 1985. 168 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

CVS dividend FAQ

When is CVS's next ex-dividend date?

CVS's next ex-dividend date is Oct 22, 2026 (in 43 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.665 per share, expected on Nov 5, 2026.

How often does CVS pay dividends?

CVS pays dividends every quarter, 4 times a year. The most recent payment was $0.665 per share with an ex-date of Jul 23, 2026.

What is CVS's dividend yield?

CVS's trailing 12-month dividend yield is 2.77%, based on $2.66 per share paid over the last year and a share price of $96.09. The forward yield, using the indicated annual rate of $2.66 per share, is 2.77%.

How much does CVS pay per share?

CVS pays about $0.665 per share each quarter, which works out to roughly $2.66 per share a year. 100 shares would collect about $266.00 a year.

Has CVS grown or cut its dividend?

Over the last 5 years the regular payout has grown at 5.9% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of CVS do I need to earn $100 a month?

At the current forward yield of 2.77%, you would need about 452 shares of CVS (roughly $43,349 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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