ELV Elevance Health, Inc.
Healthcare · Healthcare Plans
396.09
-0.54%
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), a Healthcare Plans company, currently offers a dividend yield of 1.67%. This yield is above its 5-year average of 1.35% and sits within its 5-year yield band (low 1.04%, high 1.89%). The stock holds a rating score of 6.0, characterized by a strong momentum score of 10.0 and a balanced value score of 5.0. Yield Theory suggests the stock is currently fairly valued.
Dividend history
Elevance Health has a consistent dividend growth record, having increased its payments for 14 consecutive years, earning it a 'Contender' CCC tier classification. The company's 3-year dividend CAGR is 10.14%, and its 5-year CAGR stands at 12.47%, reflecting robust growth. This growth trajectory implies a dividend doubling time of 5.8 years. Annual dividends have steadily increased, from $1.752 in 2014 to $5.92 in 2023, with $6.52 paid in 2024 and a projected $6.84 for 2025.
Dividend safety
The dividend coverage for Elevance Health appears strong, with a payout ratio of 30.44% against EPS, contributing to an overall 'safe' dividend safety status. The company's leverage includes a debt-to-equity ratio of 68.953%.
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AI-generated from Quantic's dividend data · Updated 21 Sep 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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