On December 21, 2023, Elevance Health ELV will distribute a dividend payout of $1.48 per share, equating to an annualized dividend yield of 1.28%. Shareholders who owned the stock before the ex-dividend date on December 05, 2023 will receive this payout.
Elevance Health Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-05 | 4 | $1.48 | 1.28% | 2023-10-17 | 2023-12-06 | 2023-12-21 |
| 2023-09-07 | 4 | $1.48 | 1.35% | 2023-07-18 | 2023-09-08 | 2023-09-22 |
| 2023-06-08 | 4 | $1.48 | 1.22% | 2023-04-18 | 2023-06-09 | 2023-06-23 |
| 2023-03-09 | 4 | $1.48 | 1.24% | 2023-01-24 | 2023-03-10 | 2023-03-24 |
| 2022-12-02 | 4 | $1.28 | 1.07% | 2022-10-18 | 2022-12-05 | 2022-12-21 |
| 2022-09-08 | 4 | $1.28 | 1.06% | 2022-07-19 | 2022-09-09 | 2022-09-23 |
| 2022-06-09 | 4 | $1.28 | 1.0% | 2022-04-19 | 2022-06-10 | 2022-06-24 |
| 2022-03-09 | 4 | $1.28 | 1.14% | 2022-01-25 | 2022-03-10 | 2022-03-25 |
| 2021-12-02 | 4 | $1.13 | 1.16% | 2021-10-19 | 2021-12-03 | 2021-12-21 |
| 2021-09-09 | 4 | $1.13 | 1.18% | 2021-07-20 | 2021-09-10 | 2021-09-24 |
| 2021-06-09 | 4 | $1.13 | 1.19% | 2021-04-20 | 2021-06-10 | 2021-06-25 |
| 2021-03-09 | 4 | $1.13 | 1.45% | 2021-01-27 | 2021-03-10 | 2021-03-25 |
Analyzing Elevance Health Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $3.20 to $5.12, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Elevance Health
Investors can observe a growth in earnings for Elevance Health from 2019 to 2022, as earnings per share increased from $17.98 to $28.96. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article provides an in-depth analysis of Elevance Health's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $1.48 per share, resulting in an annualized dividend yield of 1.28%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Elevance Health appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Monitor live stock price updates for Elevance Health on Benzinga.](https://www.benzinga.com/quote/Elevance Health (NYSE: ELV))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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