Elevance Health (WBO:ELV) Dividend Payout Ratio

: 0.26 (As of Dec. 2023)

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Elevance Health's dividend payout ratio for the months ended in Dec. 2023 was 0.26.

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

WBO:ELV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.28
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Elevance Health was 0.28. The lowest was 0.17. And the median was 0.20.

WBO:ELV's Dividend Payout Ratio is ranked better than
57.14% of 7 companies
in the Healthcare Plans industry
Industry Median: 0.29 vs WBO:ELV: 0.21

As of today (2024-04-19), the Dividend Yield % of Elevance Health is 1.17%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Elevance Health was 2.16%. The lowest was 0.90%. And the median was 1.23%.

Elevance Health's Dividends per Share for the months ended in Dec. 2023 was €1.36.

During the past 12 months, Elevance Health's average Dividends Per Share Growth Rate was 15.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Elevance Health was 29.50% per year. The lowest was 6.30% per year. And the median was 15.75% per year.

The growth rate is calculated with least square regression.

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

Elevance Health Dividend Payout Ratio Historical Data

The historical data trend for Elevance Health'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.

Elevance Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.09

0.21

0.18

0.21

0.18

Elevance Health 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																0.25	0.18	0.16	0.27	0.26

Competitive Comparison

For the Healthcare Plans subindustry, Elevance Health'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.

Elevance Health Dividend Payout Ratio Distribution

For the Healthcare Plans industry and Healthcare sector, Elevance Health's Dividend Payout Ratio distribution charts can be found below:

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

Elevance Health Dividend Payout Ratio Calculation

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

Elevance Health'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 )
	=	5.429	/	30.389
	=	0.18

Elevance 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 )
	=	1.357	/	5.154
	=	0.26

Elevance Health (WBO:ELV) 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.

Elevance Health Dividend Payout Ratio Related Terms

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Elevance Health (WBO:ELV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Elevance Health Inc (WBO:ELV) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ELV:USA ELV:Mexico A58:Germany

Address

220 Virginia Avenue, Indianapolis, IN, USA, 46204

Website

https://www.elevancehealth.com

Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.