CVS Dividend History & Yield Analysis

CVS has 60+ recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
2.83%
Forward yield
2.83%
Dividend per share (TTM)
$2.66
Annualized rate
$2.66
Payout frequency
Quarterly
Last payment
$0.6650
5-year dividend CAGR
5.87%
Consecutive growth years

Yields calculated against a market price of $94.01.

Annual Dividend History

  • 2026$2.00
  • 2025$2.66
  • 2024$2.66
  • 2023$2.42
  • 2022$2.20
  • 2021$2.00
  • 2020$2.00
  • 2019$2.00
  • 2018$2.00
  • 2017$2.00
  • 2016$1.70
  • 2015$1.40
  • 2014$1.10
  • 2013$0.9000
  • 2012$0.6520
  • 2011$0.5000
  • 2010$0.3520
  • 2009$0.3040
  • 2008$0.2580
  • 2007$0.2290
  • 2006$0.1560
  • 2005$0.1450
  • 2004$0.1335
  • 2003$0.1160
  • 2002$0.1160

CVS Payout History & Ex-Dividend Dates

CVS dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-07-012026-07-23$0.6650
2026-04-012026-04-23$0.6650
2026-01-012026-01-22$0.6650
2025-10-012025-10-23$0.6650
2025-07-012025-07-22$0.6650
2025-04-012025-04-22$0.6650
2025-01-012025-01-23$0.6650
2024-10-012024-10-21$0.6650
2024-07-012024-07-22$0.6650
2024-04-012024-04-19$0.6650
2024-01-012024-01-19$0.6650
2023-10-012023-10-19$0.6050
2023-07-012023-07-20$0.6050
2023-04-012023-04-20$0.6050
2023-01-012023-01-19$0.6050
2022-10-012022-10-20$0.5500
2022-07-012022-07-21$0.5500
2022-04-012022-04-21$0.5500
2022-01-012022-01-20$0.5500
2021-10-012021-10-21$0.5000
2021-07-012021-07-22$0.5000
2021-04-012021-04-22$0.5000
2021-01-012021-01-21$0.5000
2020-10-012020-10-21$0.5000
2020-07-012020-07-22$0.5000
2020-04-012020-04-22$0.5000
2020-01-012020-01-22$0.5000
2019-10-012019-10-23$0.5000
2019-07-012019-07-24$0.5000
2019-04-012019-04-22$0.5000
2019-01-012019-01-24$0.5000
2018-10-012018-10-23$0.5000
2018-07-012018-07-24$0.5000
2018-04-012018-04-20$0.5000
2018-01-012018-01-23$0.5000
2017-10-012017-10-23$0.5000
2017-07-012017-07-20$0.5000
2017-04-012017-04-19$0.5000
2017-01-012017-01-20$0.5000
2016-10-012016-10-20$0.4250
2016-07-012016-07-19$0.4250
2016-04-012016-04-20$0.4250
2016-01-012016-01-20$0.4250
2015-10-012015-10-20$0.3500
2015-07-012015-07-21$0.3500
2015-04-012015-04-22$0.3500
2015-01-012015-01-20$0.3500
2014-10-012014-10-21$0.2750
2014-07-012014-07-17$0.2750
2014-04-012014-04-17$0.2750
2014-01-012014-01-21$0.2750
2013-10-012013-10-17$0.2250
2013-07-012013-07-18$0.2250
2013-04-012013-04-19$0.2250
2013-01-012013-01-22$0.2250
2012-10-012012-10-18$0.1630
2012-07-012012-07-19$0.1630
2012-04-012012-04-19$0.1630
2012-01-012012-01-19$0.1630
2011-10-012011-10-19$0.1250

Does CVS pay dividends?

Yes. CVS pays on a quarterly schedule, most recently $0.6650 per share with an ex-dividend date of 2026-07-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the CVS yield is calculated

The trailing yield divides the last twelve months of dividends per share ($2.66) by the latest market price. The forward yield annualizes the most recent payment across 4 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the CVS DCF fair value page for the cash flow behind it.