ELV (Elevance Health) Dividend Payout Ratio : 0.20 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Elevance Health Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Elevance Health's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.20.

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

ELV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.2 Max: 0.28
Current: 0.19

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.

ELV's Dividend Payout Ratio is ranked better than
75% of 8 companies
in the Healthcare Plans industry
Industry Median: 0.34 vs ELV: 0.19

As of today (2024-10-31), the Dividend Yield % of Elevance Health is 1.53%.

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 1.18%.

Elevance Health's Dividends per Share for the months ended in Sep. 2024 was $1.63.

During the past 12 months, Elevance Health's average Dividends Per Share Growth Rate was 11.40% 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

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 Dividend Payout Ratio Chart

Elevance Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.17

0.21

0.18

0.21

0.18

Elevance Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.27	0.26	0.17	0.16	0.20

Competitive Comparison of Elevance Health's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the Healthcare Plans Industry

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

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 )
	=	5.92	/	33.14
	=	0.18

Elevance Health's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	1.63	/	8.37
	=	0.19

Elevance Health (NYSE:ELV) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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

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

Elevance Health Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ELV:Mexico 1ANTM:Italy 0HG8:UK A58:Germany A58:Germany E1LV34:Brazil ELV:Austria

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 47 million medical members as of December 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.

Executives

Ramiro G Peru	director	WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46260
Gail Boudreaux	director, officer: President and CEO	GENZYME CORP., 500 KENDALL STREET, CAMBRIDGE MA 02142
Dixon Robert L Jr	director	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Felicia F Norwood	officer: Exec VP & President, GBD	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kendrick Charles Morgan Jr	officer: EVP & President, Commercial	220 VIRGINIA AVE, INDIANAPOLIS IN 46204
Ronald W Penczek	officer: SVP, Chief Accounting Officer	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Blair Williams Todt	officer: EVP and Chief Legal Officer	8735 HENDERSON ROAD, TAMPA FL 33625
Mark Kaye	officer: EVP & CFO Designate	7 WORLD TRADE CENTER, 250 GREENWICH ST, NEW YORK NY 10007
Gloria M Mccarthy	officer: EVP, Office of the CEO	WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Deanna D Strable-soethout	director	C/O PRINCIPAL FINANCIAL GROUP, 711 HIGH ST., DES MOINES IA 50392
Peter D Haytaian	officer: EVP & Pres., Govt. Bus. Div.	220 VIRGINIA AVE, INDIANAPOLIS IN 46204
Susan D. Devore	director	C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Ryan M. Schneider	director	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
John E Gallina	officer: SVP & Chief Accounting Officer	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Julie A Hill	director	WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204