Elevance Health Dividend Increase

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Image Source: Pixabay

On 23 January, Elevance Health (ELV) increased its quarterly dividend by 4.91%, from $1.63 to $1.71 per share.

The dividend is payable on 25 March to shareholders of record on 10 March.

ELV's contribution to DivGro's projected annual dividend income will increase by $22.40 to $478.80.

I own 70 shares of ELV at an average cost basis of $418.74 per share. Following this increase, my yield on cost is 1.63%. (ELV's forward yield is 1.71% at $400.96 per share). 

Since opening my position in August 2019, the stock has generated a total return of -3%, including $470.40 in dividend income. That's a disappointing annualized rate of return of only 3.9%.


5-Year History of Dividend Payouts by Ex-Date

2020 2021 2022 2023 2024 2025
$3.80 $4.52 $5.12 $5.92 $6.52 $6.84
18.75% 18.95% 13.27% 15.63% 10.14% 4.91%
5-year DGR: 15.30% 12.47%

projected, assuming no further changes


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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...

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