ELV Elevance Health, Inc.
Healthcare · Healthcare Plans
390.37
-1.84%
About the company
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates in four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to individual, employer group risk-based and fee-based, BlueCard, Medicare, Medicaid, and FEP members; health products; a broad array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, and supplemental health insurance benefits. The company also operates in the pharmacy services business; and markets and offers pharmacy services, including home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services, as well as infusion services and injectable therapies through ambulatory infusion centers. In addition, it provides healthcare related services and capabilities, including specialty care enablement and utilization management support for specialized clinical domains; behavioral health and comprehensive care management services; palliative care services and management; virtual care; and payment integrity, subrogation, clinical data exchange through its HealthOS platform, research and data, reporting and clinical analytics, information technology, and business process support services, as well as manages home health, post-acute institutional management, and durable medical equipment costs; and supports plans in managing home and community-based services. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brands. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is based in Indianapolis, Indiana.
52-week range
Dividend deep dive
Elevance Health, Inc. (ELV) is a Healthcare Plans provider within the Healthcare sector. The company has a "safe" dividend status and a 14-year streak of dividend increases. It currently offers a dividend yield of 1.86%, which is near the higher end of its 5-year historical range of 1.04% to 1.89%. Valuation, according to Yield Theory, is considered "fair" at the current price of $369.83.
Dividend history
Elevance Health has consistently increased its dividend for 14 consecutive years, earning it a "contender" tier rating. The company pays dividends quarterly in March, June, September, and December. Over the last three years, the dividend has grown at a compound annual growth rate (CAGR) of 10.14%, and over five years, it has grown at a CAGR of 12.47%. Annual dividends have progressed from $1.752 in 2014 to $5.92 in 2023, with the current market dividend at $6.88 and a projected $6.84 for 2025.
Dividend safety
The dividend appears well-covered, with a payout ratio of 30.46% based on earnings per share of $22.59. This low payout ratio suggests ample room for continued dividend payments and future growth.
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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.
Price history
Dividend profile
Yield band A stock's current dividend yield shown against its own range over the past five years — the low, average and high. Near the high end the shares look relatively cheap for the income they pay; near the low end, relatively expensive. It's the picture behind Dividend Yield Theory. Learn more → (5-year)
Payment calendar
Dividend history
Per-share dividend by year
Debt & leverage
Latest reported balance-sheet figures.
Held by 1 investor
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