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CVS Health (BSP:CVSH34) 5-Year Dividend Growth Rate : 3.60% (As of Dec. 2023)


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What is CVS Health 5-Year Dividend Growth Rate?

CVS Health's Dividends per Share for the three months ended in Dec. 2023 was R$0.20.

During the past 12 months, CVS Health's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CVS Health was 37.00% per year. The lowest was -33.80% per year. And the median was 10.50% per year.

CVS Health's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.19. As of today, CVS Health's Dividend Yield % is 2.79%.

Good Sign:

CVS Health Corp stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of CVS Health's 5-Year Dividend Growth Rate

For the Healthcare Plans subindustry, CVS Health's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVS Health's 5-Year Dividend Growth Rate Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where CVS Health's 5-Year Dividend Growth Rate falls into.



CVS Health 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


CVS Health  (BSP:CVSH34) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

CVS Health's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.201/ 1.039
=0.19

During the past 13 years, the highest Dividend Payout Ratio of CVS Health was 0.54. The lowest was 0.26. And the median was 0.31.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

CVS Health Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BRL 0.2322024-04-192024-04-182024-05-07Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.2312024-01-192024-01-182024-02-07Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.2072023-10-192023-10-182023-11-08Cash DividendquarterlyBRL:BRL 1.000000
BRL 0.2912023-07-202023-07-192023-08-07Cash DividendquarterlyBRL:BRL 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CVS Health's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.961/34.41
=2.79 %

Current Share Price is R$34.41.
CVS Health's Dividends per Share for the trailing twelve months (TTM) ended in Today is R$0.961.

During the past 13 years, the highest Dividend Yield of CVS Health was 3.82%. The lowest was 1.06%. And the median was 2.33%.

Good Sign:

CVS Health Corp stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVS Health 5-Year Dividend Growth Rate Related Terms

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CVS Health (BSP:CVSH34) Business Description

Address
One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

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