CVS Health Corporation (CVS) Dividend
CVS Health Corporation (CVS) currently pays a dividend yield of 2.86%, distributing $2.66 per share annually ($0.67 per quarter). The company operates in the Healthcare sector.
CVS dividend at a glance
| Dividend Yield | 2.86% |
|---|---|
| Annual Dividend | $2.66 per share |
| Per Payment | $0.67 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 23, 2026 |
| Next Payment Date | November 13, 2026 |
| Sector | Healthcare |
| Implied Share Price (from yield) | $93.01 |
What CVS pays on a $10,000 investment
At a 2.86% yield, $10,000 invested in CVS generates about $286.00 per year, or roughly $71.50 every quarter. Share counts below use an implied price of $93.01, derived from the $2.66 annual dividend and the 2.86% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 10.8 | $28.60 | $7.15 |
| $5,000 | 53.8 | $143.00 | $35.75 |
| $10,000 | 107.5 | $286.00 | $71.50 |
| $25,000 | 268.8 | $715.00 | $178.75 |
| $100,000 | 1,075.2 | $2,860.00 | $715.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
CVS dividend payment schedule
CVS pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 23, 2026, with payment on November 13, 2026. Later rows are projected forward at the same interval and will shift when CVS Health Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 23, 2026 | November 13, 2026 | $0.67 | Confirmed |
| January 23, 2027 | February 13, 2027 | $0.67 | Projected |
| April 23, 2027 | May 14, 2027 | $0.67 | Projected |
| July 23, 2027 | August 13, 2027 | $0.67 | Projected |
To collect a CVS dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How CVS's dividend compares
Across the 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.76%. CVS's 2.86% is 0.90 percentage points below that median, ranking 418th of 713 by yield.
Within Healthcare, where we track 23 names, the median yield is 2.19% — putting CVS above its sector.
What the numbers mean
Like most US dividend payers, CVS distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
CVS dividend FAQ
When is the next CVS ex-dividend date?
The next CVS ex-dividend date is October 23, 2026, with the payment scheduled for November 13, 2026. You must own shares before the ex-dividend date to receive that payment.
What is CVS's dividend yield?
CVS currently yields 2.86%, based on $2.66 in dividends per share over the past year.
How often does CVS pay dividends?
CVS pays quarterly, which works out to 4 payments per year of about $0.67 per share.
How much dividend income would $10,000 of CVS generate?
At the current 2.86% yield, $10,000 invested in CVS would produce roughly $286.00 per year, or about $71.50 per quarter, before taxes and assuming the dividend holds.
Is CVS a Dividend Aristocrat?
No. CVS is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
Related dividend stocks
Other Healthcare dividend payers
- PFFA — Virtus InfraCap U.S. Preferred Stock ETF dividend (9.94%)
- PFE — Pfizer Inc dividend (6.13%)
- BMY — Bristol-Myers Squibb dividend (3.76%)
- MDT — Medtronic PLC dividend (3.09%)
- ABBV — AbbVie Inc. dividend (2.61%)
- UNH — UnitedHealth Group dividend (2.38%)
- AMGN — Amgen Inc dividend (2.29%)
- CI — The Cigna Group dividend (2.25%)
Similar yields to CVS
- IBM — IBM Corp dividend (2.87%)
- KDP — Keurig Dr Pepper Inc. dividend (2.87%)
- SCHD — Schwab US Dividend Equity ETF dividend (2.88%)
- AEE — Ameren Corp dividend (2.83%)
- IRM — Iron Mountain Incorporated dividend (2.83%)
- DRH — DiamondRock Hospitality Company dividend (2.81%)
Track CVS dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.