Does CVS pay a dividend?

Yes. CVS Health Corp. pays a quarterly dividend, currently yielding 3.13% based on trailing twelve-month payments of $2.66 per share.

How much does CVS pay in dividends?

$2.66 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next CVS ex-dividend date?

No upcoming ex-dividend date is currently on record for CVS. Dates appear here once the company declares them.

CVS Dividend

CVS Health Corp.

NYSEHealthcareStockData as of August 12, 2026

Dividend yield: 3.13%
Annual dividend: $2.66
Payout ratio: 0.70
Frequency: Quarterly
Share price: $85.05
Market cap: $109B

Is CVS a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.13% against a median of 2.92% across US dividend payers.
Dividend uses most of earningsA payout ratio of 0.70 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
Dividend has been cut 2 timesAcross 41 complete years, the annual total fell in 1996, 1997. The most recent reduction was in 1997.

CVS dividend history

Annual dividend per share, 1985 to 2025.

Peak $2.66 in 2024Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for CVS, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 23, 2026	August 3, 2026	$0.6650	Quarterly
April 23, 2026	May 4, 2026	$0.6650	Quarterly
January 22, 2026	February 2, 2026	$0.6650	Quarterly
October 23, 2025	November 3, 2025	$0.6650	Quarterly
July 22, 2025	August 1, 2025	$0.6650	Quarterly
April 22, 2025	May 1, 2025	$0.6650	Quarterly
January 23, 2025	February 3, 2025	$0.6650	Quarterly
October 21, 2024	November 1, 2024	$0.6650	Quarterly
July 22, 2024	August 1, 2024	$0.6650	Quarterly
April 19, 2024	May 1, 2024	$0.6650	Quarterly
January 19, 2024	February 1, 2024	$0.6650	Quarterly
October 19, 2023	November 1, 2023	$0.6050	Quarterly
July 20, 2023	August 1, 2023	$0.6050	Quarterly
April 20, 2023	May 1, 2023	$0.6050	Quarterly
January 19, 2023	February 1, 2023	$0.6050	Quarterly
October 20, 2022	November 1, 2022	$0.5500	Quarterly
July 21, 2022	August 1, 2022	$0.5500	Quarterly
April 21, 2022	May 2, 2022	$0.5500	Quarterly
January 20, 2022	February 1, 2022	$0.5500	Quarterly
October 21, 2021	November 1, 2021	$0.5000	Quarterly
July 22, 2021	August 2, 2021	$0.5000	Quarterly
April 22, 2021	May 3, 2021	$0.5000	Quarterly
January 21, 2021	February 1, 2021	$0.5000	Quarterly
October 21, 2020	November 2, 2020	$0.5000	Quarterly
July 22, 2020	August 3, 2020	$0.5000	Quarterly
April 22, 2020	May 4, 2020	$0.5000	Quarterly
January 22, 2020	February 3, 2020	$0.5000	Quarterly
October 23, 2019	November 4, 2019	$0.5000	Quarterly
July 24, 2019	August 2, 2019	$0.5000	Quarterly
April 22, 2019	May 3, 2019	$0.5000	Quarterly
January 24, 2019	February 4, 2019	$0.5000	Quarterly
October 23, 2018	November 1, 2018	$0.5000	Quarterly
July 24, 2018	August 1, 2018	$0.5000	Quarterly
April 20, 2018	May 3, 2018	$0.5000	Quarterly
January 23, 2018	February 2, 2018	$0.5000	Quarterly
October 23, 2017	November 3, 2017	$0.5000	Quarterly
July 20, 2017	August 3, 2017	$0.5000	Quarterly
April 19, 2017	May 1, 2017	$0.5000	Quarterly
January 20, 2017	February 2, 2017	$0.5000	Quarterly
October 20, 2016	November 3, 2016	$0.4250	Quarterly

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Frequently asked questions

Does CVS pay a dividend?: Yes. CVS Health Corp. pays a quarterly dividend, currently yielding 3.13% based on trailing twelve-month payments of $2.66 per share.
How much does CVS pay in dividends?: $2.66 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next CVS ex-dividend date?: No upcoming ex-dividend date is currently on record for CVS. Dates appear here once the company declares them.