Elevance Health As of October 10, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
ELV $5.92 15.6% 13.3% 18.9%
Business yield Hike yrs 5 yr CAGR freq. paid since
Health Insurer 1.3% 12 14.6% Quarter 2011

On February 25, 2023, Elevance Health (ELV), formerly known as Anthem Inc (ANTM), will raise its quarterly dividend by 15.6% to $1.48 quarterly per share. This marks 12 straight years of increased dividends by the health benefits company. The next ex-dividend date for ELV is March 9, 2023 and the dividend yield is 1.2% at a stock price of $492. In 2022 the company names Anthem hiked the dividend by 13.3%.

ELV Dividend history & statistics
Company name Elevance Health
Ticker symbol ELV
ISIN-code US0367521038
company website https://www.elevancehealth.com/
Sector Health Care
Business Health Insurer
Dividend paid since 2011
Track record (years increased) 12
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 14.6%
Next dividend per share $1.480
Annual dividend per share $5.92
Dividend yield* 1.2%
Stock price* $492.53
YTD Total Return* -4.0%
Next ex-dividend date March 9, 2023
Next payment date March 24, 2023
Market cap (in $B)* 117.63
Total dividend (in $B) 1.41
© www.dividendhike.com *As of January 27, 2023

On January 24, 2023, the Audit Committee of the Company's Board of Directors declared a first quarter 2023 dividend to shareholders of $1.48 per share, an increase of 16 percent from the quarterly dividend payment in the fourth quarter. On an annualized basis, the new quarterly dividend equates to $5.92 per share. The first quarter dividend is payable on March 24, 2023, to shareholders of record at the close of business on March 10, 2023.

Elevance Health, the former Anthem, Inc., is a health benefits company. The company offers managed care plans to large and small employer, individual, Medicaid and Medicare markets. Elevance Health supports consumers, families, and communities across the entire care journey – connecting them to the care, support, and resources they need to lead healthier lives. Elevance Health’s companies serve millions of people through a diverse portfolio of industry-leading medical, digital, pharmacy, behavioral, clinical, and complex care solutions. Elevance Health has four reportable segments: Commercial & Specialty Business (comprised of Individual, Group risk-based, Group fee-based, and BlueCard businesses); Government Business (comprised of the Medicaid, Medicare, and Federal Health Products & Services businesses); CarelonRx (formerly IngenioRx); and Other.