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Merck (BUE:MRK) Dividend Payout Ratio

: 0.51 (As of Dec. 2023)
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Merck's dividend payout ratio for the months ended in Dec. 2023 was 0.51.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Merck & Co Inc is 1.97, which seems too high.

The historical rank and industry rank for Merck's Dividend Payout Ratio or its related term are showing as below:

BUE:MRK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.5   Max: 1.96
Current: 0.03


During the past 13 years, the highest Dividend Payout Ratio of Merck was 1.96. The lowest was 0.03. And the median was 0.50.

BUE:MRK's Dividend Payout Ratio is ranked worse than
97.42% of 427 companies
in the Drug Manufacturers industry
Industry Median: 0.33 vs BUE:MRK: 0.03

As of today (2024-04-19), the Dividend Yield % of Merck is 1.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Merck was 3.99%. The lowest was 1.30%. And the median was 3.13%.

Merck's Dividends per Share for the months ended in Dec. 2023 was ARS55.59.

During the past 12 months, Merck's average Dividends Per Share Growth Rate was 5.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Merck was 109.50% per year. The lowest was 0.40% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

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


Merck Dividend Payout Ratio Historical Data

The historical data trend for Merck's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Merck Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.04

Merck Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 - 0.01 0.51

Competitive Comparison

For the Drug Manufacturers - General subindustry, Merck's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Merck Dividend Payout Ratio Distribution

For the Drug Manufacturers industry and Healthcare sector, Merck's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Merck's Dividend Payout Ratio falls into.



Merck Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Merck's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=213.712/ 5451.1
=0.04

Merck'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 )
=55.594/ 108.3
=0.51

* 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.


Merck (BUE:MRK) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Merck Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Merck's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Merck (BUE:MRK) Business Description

Address
126 East Lincoln Avenue, Rahway, NJ, USA, 07065
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent pediatric diseases as well as human papillomavirus, or HPV. Additionally, Merck sells animal health-related drugs. From a geographical perspective, just under half of the company's sales are generated in the United States.

Merck (BUE:MRK) Headlines

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