What is the current annual payout ratio of CVS?

As of today, CVS annual payout ratio is 196.59%

What is 1-year change in CVS annual payout ratio?

CVS annual payout ratio is up +167.29% year-over-year

What is 3-year change in CVS annual payout ratio?

CVS annual payout ratio is up +192.63% over the past 3 years

How far is CVS annual payout ratio from its all-time high?

CVS annual payout ratio is currently -1.71% below its historical high of 200.00% set on December 31, 1997

How does CVS annual payout ratio rank versus sector peers?

CVS annual payout ratio is higher than 99.91% of companies in Healthcare sector

When is CVS next annual earnings release?

The next annual earnings release for CVS is on February 9, 2027

What is the current TTM payout ratio of CVS?

As of today, CVS TTM payout ratio is 30.92%

What is CVS TTM payout ratio most recent change?

CVS TTM payout ratio remained unchanged on November 6, 2026

What is 1-year change in CVS TTM payout ratio?

CVS TTM payout ratio is down -95.55% year-over-year

How far is CVS TTM payout ratio from its all-time high?

CVS TTM payout ratio is currently -95.55% below its historical high of 695.24% set on September 30, 2025

How does CVS TTM payout ratio rank versus sector peers?

CVS TTM payout ratio is higher than 96.81% of companies in Healthcare sector

When is CVS next earnings release?

The next earnings release for CVS is on February 9, 2027

What is the current quarterly payout ratio of CVS?

As of today, CVS quarterly payout ratio is 39.29%

What is CVS quarterly payout ratio most recent change?

CVS quarterly payout ratio was up +34.00% on September 30, 2026

What is 1-year change in CVS quarterly payout ratio?

CVS quarterly payout ratio is up +285.33% year-over-year

How far is CVS quarterly payout ratio from its all-time high?

CVS quarterly payout ratio is currently -96.67% below its historical high of 1,178.87% set on September 30, 2024

How does CVS quarterly payout ratio rank versus sector peers?

CVS quarterly payout ratio is higher than 97.41% of companies in Healthcare sector

When is CVS next earnings release?

The next earnings release for CVS is on February 9, 2027

CVS Payout Ratio History & Chart Since 1980

Annual Payout Ratio

196.59%123.04%+167.29%

December 31, 2025

Summary

Current Value: As of today, CVS annual payout ratio is 196.59%, up +167.29% on December 31, 2025
Historical Performance: CVS annual payout ratio is up +192.63% over the past 3 years, up +439.49% over the past 5 years
All-Time High Comparison: CVS annual payout ratio is currently -1.71% below its historical high of 200.00% set on December 31, 1997
3-Year Low Comparison: CVS annual payout ratio is +425.22% above its 3-year low of 37.43% reached on December 31, 2023
Sector Comparison: CVS annual payout ratio is higher than 99.91% of companies in Healthcare sector

Payout Ratio Chart

Performance

CVS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 25	196.59%	+167.3%	+192.6%	+439.5%	+1311.3%
Quarterly Payout Ratio	Sep 30, 26	39.29%	+285.3%	+14.3%	-5.4%	+104.0%
TTM Payout Ratio	Nov 6, 26	30.92%	-95.5%	-15.0%	-11.6%	+55.9%
Price	Nov 6, 26	$83.85	+6.6%	+18.0%	-10.6%	+120.5%
Annual Dividend Yield	Nov 6, 26	3.17%	-6.2%	+2.3%	+48.8%	+244.6%
Annual Dividends Paid	Dec 31, 25	$3.40B	+0.7%	+16.9%	+29.5%	+609.2%
Annual Dividend	Dec 31, 25	$2.66	0.0%	+20.9%	+33.0%	+660.0%
Annual Free Cash Flow	Dec 31, 25	$7.81B	+23.4%	-42.0%	-41.9%	+181.4%
Annual Revenue	Dec 31, 25	$402.11B	+7.9%	+24.6%	+49.7%	+317.1%
Annual EPS	Dec 31, 25	$1.39	-62.0%	-57.3%	-74.5%	-44.1%

Payout Ratio Highs

CVS Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	196.59%	Dec 31, 25	at high
5Y	196.59%	Dec 31, 25	at high
All	200.00%	Dec 31, 97	-1.7%

Payout Ratio Lows

CVS Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	37.43%	Dec 31, 23	+425.2%
5Y	33.24%	Dec 31, 21	+491.4%
All	-340.23%	Dec 31, 18	+157.8%

Payout Ratio History

Year	Value	Change
2025	196.59%	+167.3%
2024	73.55%	+96.5%
2023	37.43%	-44.3%
2022	67.18%	+102.1%
2021	33.24%	-8.8%
2020	36.44%	-7.2%
2019	39.28%	+111.5%
2018	-340.23%	-1,197.2%
2017	31.01%	-10.8%
2016	34.76%	+14.8%
2015	30.28%	+8.8%
2014	27.84%	+16.7%
2013	23.85%	+11.7%
2012	21.35%	+10.5%
2011	19.32%	+38.7%
2010	13.93%	+17.7%
2009	11.84%	+3.4%
2008	11.45%	-6.4%
2007	12.23%	+18.9%
2006	10.29%	-4.3%
2005	10.75%	-17.6%
2004	13.04%	+5.0%
2003	12.42%	-15.2%

Year	Value	Change
2002	14.64%	-42.5%
2001	25.46%	+81.2%
2000	14.05%	-14.8%
1999	16.49%	-36.2%
1998	25.86%	-87.1%
1997	200.00%	+262.5%
1996	55.18%	+292.1%
1995	-28.73%	-158.2%
1994	49.37%	+6.0%
1993	46.56%	-59.2%
1992	114.14%	+159.7%
1991	43.95%	+13.0%
1990	38.90%	+4.0%
1989	37.39%	+30.0%
1988	28.76%	-1.4%
1987	29.18%	-1.3%
1986	29.57%	-37.5%
1985	47.28%	+0.6%
1984	47.01%	+12.5%
1983	41.78%	-8.8%
1982	45.79%	+4.8%
1981	43.71%	+2.0%
1980	42.84%	-

FAQ

What is the current annual payout ratio of CVS?: As of today, CVS annual payout ratio is 196.59%
What is 1-year change in CVS annual payout ratio?: CVS annual payout ratio is up +167.29% year-over-year
What is 3-year change in CVS annual payout ratio?: CVS annual payout ratio is up +192.63% over the past 3 years
How far is CVS annual payout ratio from its all-time high?: CVS annual payout ratio is currently -1.71% below its historical high of 200.00% set on December 31, 1997
How does CVS annual payout ratio rank versus sector peers?: CVS annual payout ratio is higher than 99.91% of companies in Healthcare sector
When is CVS next annual earnings release?: The next annual earnings release for CVS is on February 9, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

TTM Payout Ratio

30.92%0.00%0.00%

November 6, 2026

Summary

Current Value: As of today, CVS TTM payout ratio is 30.92%, unchanged on November 6, 2026
Historical Performance: CVS TTM payout ratio is down -95.55% year-over-year, down -14.98% over the past 3 years
All-Time High Comparison: CVS TTM payout ratio is currently -95.55% below its historical high of 695.24% set on September 30, 2025
3-Year Low Comparison: CVS TTM payout ratio is at its 3-year low
Sector Comparison: CVS TTM payout ratio is higher than 96.81% of companies in Healthcare sector

Performance

CVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Nov 6, 26	30.92%	-56.0%	-95.5%	-15.0%	-11.6%
Quarterly Payout Ratio	Sep 30, 26	39.29%	+34.0%	+285.3%	+14.3%	-5.4%
Annual Payout Ratio	Dec 31, 25	196.59%	–	+167.3%	+192.6%	+439.5%
Price	Nov 6, 26	$83.85	-12.9%	+6.6%	+18.0%	-10.6%
TTM Dividend Yield	Nov 6, 26	3.17%	+14.9%	-6.2%	-6.8%	+48.8%
TTM Dividends Paid	Sep 30, 26	$3.42B	+0.2%	+1.0%	+11.4%	+31.2%
TTM Dividend	Nov 6, 26	$2.66	0.0%	0.0%	+9.9%	+33.0%
TTM Free Cash Flow	Sep 30, 26	$15.57B	+32.4%	+147.4%	+37.7%	+2.5%
TTM Revenue	Sep 30, 26	$420.63B	+1.3%	+6.8%	+20.8%	+47.6%
TTM EPS	Sep 30, 26	$8.60	+127.1%	+2148.5%	+29.3%	+50.4%

TTM Payout Ratio Highs

CVS TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	695.24%	Nov 6, 25	-95.5%
3Y	695.24%	Sep 30, 25	-95.5%
5Y	695.24%	Sep 30, 25	-95.5%
All	695.24%	Sep 30, 25	-95.5%

TTM Payout Ratio Lows

CVS TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	30.92%	Sep 30, 26	at low
3Y	30.92%	Sep 30, 26	at low
5Y	30.92%	Sep 30, 26	at low
All	-456.41%	Mar 29, 19	+106.8%

TTM Payout Ratio History

Month	Value	Change
Nov 2026	30.92%	0.0%
Sep 2026	30.92%	-56.0%
Jun 2026	70.22%	-39.9%
Mar 2026	116.82%	-39.2%
Dec 2025	192.27%	-72.3%
Sep 2025	695.24%	+836.7%
Jun 2025	74.22%	+16.8%
Mar 2025	63.54%	-12.6%
Dec 2024	72.74%	+10.1%
Sep 2024	66.06%	+46.2%
Jun 2024	45.20%	+3.7%
Mar 2024	43.58%	+16.5%
Dec 2023	37.42%	+5.3%
Sep 2023	35.54%	-64.4%
Jun 2023	99.96%	+38.6%
Mar 2023	72.12%	+6.4%
Dec 2022	67.80%	-22.6%
Sep 2022	87.56%	+160.5%
Jun 2022	33.61%	-0.8%
Mar 2022	33.87%	+1.0%
Dec 2021	33.55%	-4.1%
Sep 2021	34.97%	-4.7%
Jun 2021	36.71%	+3.1%
Mar 2021	35.62%	-2.7%
Dec 2020	36.61%	+10.9%
Sep 2020	33.02%	+4.0%
Jun 2020	31.75%	-12.3%
Mar 2020	36.20%	-8.0%
Dec 2019	39.34%	-33.5%
Sep 2019	59.13%	+5.6%
Jun 2019	55.99%	+112.3%
Mar 2019	-456.41%	-25.1%
Dec 2018	-364.83%	-654.9%
Sep 2018	65.75%	-3.4%
Jun 2018	68.03%	+122.1%
Mar 2018	30.63%	-0.9%
Dec 2017	30.91%	-22.3%
Sep 2017	39.77%	+7.7%
Jun 2017	36.93%	-0.1%
Mar 2017	36.98%	+7.0%
Dec 2016	34.55%	-0.9%
Sep 2016	34.88%	-2.4%
Jun 2016	35.72%	+11.4%
Mar 2016	32.07%	+6.1%
Dec 2015	30.24%	+1.4%
Sep 2015	29.81%	-1.2%
Jun 2015	30.16%	+4.8%
Mar 2015	28.77%	+3.7%
Dec 2014	27.75%	+2.3%
Sep 2014	27.13%	+10.9%
Jun 2014	24.46%	+1.4%
Mar 2014	24.13%	+0.7%
Dec 2013	23.96%	+3.3%
Sep 2013	23.20%	+1.0%
Jun 2013	22.96%	+3.8%
Mar 2013	22.13%	+3.6%
Dec 2012	21.36%	+3.9%
Sep 2012	20.56%	+1.4%
Jun 2012	20.27%	+1.3%
Mar 2012	20.01%	+4.5%
Dec 2011	19.14%	+4.3%
Sep 2011	18.35%	+6.2%
Jun 2011	17.28%	+9.7%
Mar 2011	15.75%	+12.0%
Dec 2010	14.06%	+2.9%
Sep 2010	13.66%	+8.5%
Jun 2010	12.59%	+3.5%
Mar 2010	12.16%	+1.8%
Dec 2009	11.95%	-1.2%
Sep 2009	12.10%	-6.3%
Jun 2009	12.91%	+2.6%
Mar 2009	12.58%	+6.8%
Dec 2008	11.78%	-1.1%
Sep 2008	11.91%	+1.3%
Jun 2008	11.76%	-3.0%
Mar 2008	12.12%	+0.7%
Dec 2007	12.04%	+6.7%
Sep 2007	11.28%	+4.2%
Jun 2007	10.83%	+8.4%
Mar 2007	9.99%	+4.0%
Dec 2006	9.61%	+0.9%

Month	Value	Change
Sep 2006	9.52%	-0.2%
Jun 2006	9.54%	-2.9%
Mar 2006	9.82%	-1.3%
Dec 2005	9.95%	-6.9%
Sep 2005	10.69%	-4.0%
Jun 2005	11.13%	-1.9%
Mar 2005	11.34%	-1.9%
Dec 2004	11.56%	+0.6%
Sep 2004	11.49%	+4.5%
Jun 2004	11.00%	+0.4%
Mar 2004	10.96%	-1.5%
Dec 2003	11.13%	-7.2%
Sep 2003	12.00%	-3.1%
Jun 2003	12.39%	-3.2%
Mar 2003	12.80%	-2.8%
Dec 2002	13.17%	-47.4%
Sep 2002	25.04%	-10.9%
Jun 2002	28.10%	+6.1%
Mar 2002	26.48%	+12.6%
Dec 2001	23.51%	+86.7%
Sep 2001	12.59%	+4.9%
Jun 2001	12.00%	-1.1%
Mar 2001	12.13%	-3.7%
Dec 2000	12.59%	-2.7%
Sep 2000	12.94%	-5.1%
Jun 2000	13.63%	-3.5%
Mar 2000	14.13%	-4.3%
Dec 1999	14.77%	-6.4%
Sep 1999	15.78%	-3.4%
Jun 1999	16.34%	-25.4%
Mar 1999	21.90%	+25.4%
Dec 1998	17.46%	+0.4%
Sep 1998	17.39%	-2.0%
Jun 1998	17.74%	-58.9%
Mar 1998	43.14%	-80.4%
Dec 1997	220.00%	+537.9%
Sep 1997	34.49%	+12.5%
Jun 1997	30.65%	+79.4%
Mar 1997	17.08%	-43.8%
Dec 1996	30.40%	+191.2%
Sep 1996	-33.33%	+4.6%
Jun 1996	-34.92%	+29.7%
Mar 1996	-49.67%	-17.6%
Dec 1995	-42.22%	-151.9%
Sep 1995	81.28%	+27.8%
Jun 1995	63.60%	+5.9%
Mar 1995	60.08%	+9.5%
Dec 1994	54.87%	+8.5%
Sep 1994	50.57%	-3.3%
Jun 1994	52.31%	+9.6%
Mar 1994	47.71%	-5.7%
Dec 1993	50.57%	-71.2%
Sep 1993	175.58%	+17.1%
Jun 1993	150.00%	+4.7%
Mar 1993	143.27%	+8.4%
Dec 1992	132.14%	+194.8%
Sep 1992	44.82%	+0.7%
Jun 1992	44.51%	-4.8%
Mar 1992	46.77%	+3.9%
Dec 1991	45.00%	+1.0%
Sep 1991	44.57%	+3.5%
Jun 1991	43.08%	+5.8%
Mar 1991	40.73%	+3.2%
Dec 1990	39.47%	-0.1%
Sep 1990	39.51%	+2.8%
Jun 1990	38.44%	-2.4%
Mar 1990	39.37%	+7.7%
Dec 1989	36.54%	-58.7%
Sep 1989	88.46%	+5.3%
Jun 1989	84.00%	+5.6%
Mar 1989	79.54%	>+9,900.0%
Dec 1988	0.00%	0.0%
Dec 1987	0.00%	0.0%
Dec 1986	0.00%	0.0%
Dec 1985	0.00%	0.0%
Dec 1984	0.00%	0.0%
Dec 1983	0.00%	0.0%
Dec 1982	0.00%	0.0%
Dec 1981	0.00%	0.0%
Dec 1980	0.00%	-

FAQ

What is the current TTM payout ratio of CVS?: As of today, CVS TTM payout ratio is 30.92%
What is CVS TTM payout ratio most recent change?: CVS TTM payout ratio remained unchanged on November 6, 2026
What is 1-year change in CVS TTM payout ratio?: CVS TTM payout ratio is down -95.55% year-over-year
How far is CVS TTM payout ratio from its all-time high?: CVS TTM payout ratio is currently -95.55% below its historical high of 695.24% set on September 30, 2025
How does CVS TTM payout ratio rank versus sector peers?: CVS TTM payout ratio is higher than 96.81% of companies in Healthcare sector
When is CVS next earnings release?: The next earnings release for CVS is on February 9, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Quarterly Payout Ratio

39.29%9.97%+34.00%

September 30, 2026

Summary

Current Value: As of today, CVS quarterly payout ratio is 39.29%, up +34.00% on September 30, 2026
Historical Performance: CVS quarterly payout ratio is up +285.33% year-over-year, up +14.25% over the past 3 years
All-Time High Comparison: CVS quarterly payout ratio is currently -96.67% below its historical high of 1,178.87% set on September 30, 2024
3-Year Low Comparison: CVS quarterly payout ratio is +285.33% above its 3-year low of -21.20% reached on September 30, 2025
Sector Comparison: CVS quarterly payout ratio is higher than 97.41% of companies in Healthcare sector

Performance

CVS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 26	39.29%	+34.0%	+285.3%	+14.3%	-5.4%
Annual Payout Ratio	Dec 31, 25	196.59%	–	+167.3%	+192.6%	+439.5%
TTM Payout Ratio	Nov 6, 26	30.92%	-56.0%	-95.5%	-15.0%	-11.6%
Price	Nov 6, 26	$83.85	-12.9%	+6.6%	+18.0%	-10.6%
TTM Dividend Yield	Nov 6, 26	3.17%	+14.9%	-6.2%	-6.8%	+48.8%
Quarterly Dividends Paid	Sep 30, 26	$853.00M	-2.9%	+0.8%	+9.5%	+29.4%
TTM Dividend	Nov 6, 26	$2.66	0.0%	0.0%	+9.9%	+33.0%
Quarterly Free Cash Flow	Sep 30, 26	$3.91B	-30.9%	+3886.7%	+80.0%	-20.5%
Quarterly Revenue	Sep 30, 26	$108.40B	+2.2%	+5.4%	+20.6%	+46.9%
Quarterly EPS	Sep 30, 26	$1.68	-27.3%	+153.7%	-4.0%	+39.9%

Quarterly Payout Ratio Highs

CVS Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	39.29%	Sep 30, 26	at high
3Y	1,178.87%	Sep 30, 24	-96.7%
5Y	1,178.87%	Sep 30, 24	-96.7%
All	1,178.87%	Sep 30, 24	-96.7%

Quarterly Payout Ratio Lows

CVS Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	-21.20%	N/A	+285.3%
3Y	-21.20%	Sep 30, 25	+285.3%
5Y	-21.36%	Sep 30, 22	+283.9%
All	-1,636.00%	Sep 30, 95	+102.4%

Quarterly Payout Ratio History

Month	Value	Change
Sep 2026	39.29%	+34.0%
Jun 2026	29.32%	+2.4%
Mar 2026	28.64%	-0.9%
Dec 2025	28.91%	+236.4%
Sep 2025	-21.20%	-124.8%
Jun 2025	85.49%	+81.4%
Mar 2025	47.14%	-8.7%
Dec 2024	51.63%	-95.6%
Sep 2024	1,178.87%	+2,329.2%
Jun 2024	48.53%	-35.1%
Mar 2024	74.73%	+96.3%
Dec 2023	38.06%	+10.7%
Sep 2023	34.39%	-17.2%
Jun 2023	41.54%	+14.2%
Mar 2023	36.37%	+18.0%
Dec 2022	30.83%	+244.3%
Sep 2022	-21.36%	-187.7%
Jun 2022	24.35%	-20.6%
Mar 2022	30.66%	-39.8%
Dec 2021	50.93%	+22.7%
Sep 2021	41.52%	+78.3%
Jun 2021	23.29%	-21.1%
Mar 2021	29.50%	-54.9%
Dec 2020	65.45%	+20.0%
Sep 2020	54.55%	+145.7%
Jun 2020	22.20%	-31.5%
Mar 2020	32.41%	-13.3%
Dec 2019	37.37%	-11.6%
Sep 2019	42.25%	+24.1%
Jun 2019	34.04%	-25.3%
Mar 2019	45.54%	+137.7%
Dec 2018	-120.85%	-429.1%
Sep 2018	36.72%	+284.5%
Jun 2018	-19.90%	-139.0%
Mar 2018	51.00%	+227.6%
Dec 2017	15.57%	-60.9%
Sep 2017	39.86%	-14.8%
Jun 2017	46.80%	-13.1%
Mar 2017	53.86%	+100.5%
Dec 2016	26.86%	-9.4%
Sep 2016	29.64%	-40.6%
Jun 2016	49.89%	+21.1%
Mar 2016	41.19%	+56.2%
Dec 2015	26.37%	-17.0%
Sep 2015	31.76%	+1.7%
Jun 2015	31.23%	-4.8%
Mar 2015	32.81%	+36.3%
Dec 2014	24.07%	-29.9%
Sep 2014	34.32%	+32.8%
Jun 2014	25.84%	-10.2%
Mar 2014	28.79%	+35.5%
Dec 2013	21.24%	-3.0%
Sep 2013	21.90%	-11.0%
Jun 2013	24.60%	-15.1%
Mar 2013	28.97%	+61.9%
Dec 2012	17.89%	-12.6%
Sep 2012	20.47%	-5.4%
Jun 2012	21.64%	-20.4%
Mar 2012	27.19%	+80.1%
Dec 2011	15.10%	-21.6%
Sep 2011	19.26%	-7.5%
Jun 2011	20.83%	-13.1%
Mar 2011	23.98%	+106.7%
Dec 2010	11.60%	-20.2%
Sep 2010	14.53%	+0.3%
Jun 2010	14.48%	-8.4%
Mar 2010	15.80%	+53.7%
Dec 2009	10.28%	-4.5%
Sep 2009	10.76%	-13.8%
Jun 2009	12.48%	-15.4%
Mar 2009	14.75%	+25.0%
Dec 2008	11.80%	-1.8%
Sep 2008	12.02%	+14.8%
Jun 2008	10.47%	-8.8%
Mar 2008	11.48%	-8.1%
Dec 2007	12.49%	-2.3%

Month	Value	Change
Sep 2007	12.79%	+0.5%
Jun 2007	12.73%	+29.1%
Mar 2007	9.86%	-10.2%
Dec 2006	10.98%	-1.9%
Sep 2006	11.19%	+19.3%
Jun 2006	9.38%	-2.2%
Mar 2006	9.59%	-10.8%
Dec 2005	10.75%	-7.6%
Sep 2005	11.63%	+9.1%
Jun 2005	10.66%	+6.2%
Mar 2005	10.04%	-27.2%
Dec 2004	13.80%	-3.9%
Sep 2004	14.36%	+28.0%
Jun 2004	11.22%	+4.8%
Mar 2004	10.71%	-24.2%
Dec 2003	14.12%	+16.8%
Sep 2003	12.09%	+6.4%
Jun 2003	11.36%	-1.3%
Mar 2003	11.51%	-38.3%
Dec 2002	18.64%	+35.6%
Sep 2002	13.75%	+7.8%
Jun 2002	12.76%	-0.4%
Mar 2002	12.81%	+144.6%
Dec 2001	-28.73%	-257.3%
Sep 2001	18.27%	+60.1%
Jun 2001	11.41%	+12.0%
Mar 2001	10.19%	-42.8%
Dec 2000	17.80%	+25.5%
Sep 2000	14.18%	+17.6%
Jun 2000	12.06%	+2.6%
Mar 2000	11.76%	-41.3%
Dec 1999	20.02%	+8.2%
Sep 1999	18.50%	+34.3%
Jun 1999	13.78%	+0.8%
Mar 1999	13.67%	-45.4%
Dec 1998	25.03%	+14.4%
Sep 1998	21.88%	-85.6%
Jun 1998	151.85%	+869.7%
Mar 1998	15.66%	-40.7%
Dec 1997	26.42%	-23.0%
Sep 1997	34.31%	+764.9%
Jun 1997	-5.16%	-136.5%
Mar 1997	14.15%	-28.9%
Dec 1996	19.91%	+5.7%
Sep 1996	18.84%	+109.8%
Jun 1996	-192.11%	-335.2%
Mar 1996	81.69%	+792.9%
Dec 1995	-11.79%	+99.3%
Sep 1995	-1,636.00%	-657.9%
Jun 1995	293.25%	+293.1%
Mar 1995	-151.89%	-582.2%
Dec 1994	31.50%	-59.3%
Sep 1994	77.37%	-55.0%
Jun 1994	171.93%	+110.7%
Mar 1994	-1,604.00%	-7,025.7%
Dec 1993	23.16%	-81.4%
Sep 1993	124.82%	+12.4%
Jun 1993	111.01%	+160.4%
Mar 1993	-183.87%	-134.8%
Dec 1992	528.69%	+668.3%
Sep 1992	68.81%	-45.2%
Jun 1992	125.55%	+141.6%
Mar 1992	-301.56%	-1,215.2%
Dec 1991	27.04%	-59.6%
Sep 1991	66.91%	-54.4%
Jun 1991	146.82%	+109.5%
Mar 1991	-1,545.83%	-6,340.7%
Dec 1990	24.77%	-56.5%
Sep 1990	56.92%	-44.4%
Jun 1990	102.30%	-78.1%
Mar 1990	467.95%	+1,807.7%
Dec 1989	24.53%	-48.8%
Sep 1989	47.91%	-60.4%
Jun 1989	120.94%	-17.6%
Mar 1989	146.69%	-

FAQ

What is the current quarterly payout ratio of CVS?: As of today, CVS quarterly payout ratio is 39.29%
What is CVS quarterly payout ratio most recent change?: CVS quarterly payout ratio was up +34.00% on September 30, 2026
What is 1-year change in CVS quarterly payout ratio?: CVS quarterly payout ratio is up +285.33% year-over-year
How far is CVS quarterly payout ratio from its all-time high?: CVS quarterly payout ratio is currently -96.67% below its historical high of 1,178.87% set on September 30, 2024
How does CVS quarterly payout ratio rank versus sector peers?: CVS quarterly payout ratio is higher than 97.41% of companies in Healthcare sector
When is CVS next earnings release?: The next earnings release for CVS is on February 9, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

CVS Official Website www.cvshealth.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/64803/000006480326000010/0000064803-26-000010-index.htm
CVS Profile on Yahoo Finance finance.yahoo.com/quote/CVS
CVS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cvs