ELV Dividend Calculator
Calculate how much dividend income Elevance Health Inc. (ELV) could generate with reinvestment. Pre-loaded with ELV's current 1.68% yield and 8.6% dividend growth rate.
Dividend Yield: 1.68%
Annual Dividend: $6.86 per share
Share Price: $407.50
Payout Ratio: 30.4%
ELV DRIP Calculator
Model ELV dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 8.6% per year
What If You Invested $1,000 in ELV 10 Years Ago?
A $1,000 investment in ELV on 2016-09-30 would be worth $3,754.33 today with dividends reinvested (DRIP), a total return of 275.4%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $3,635.62 (263.6% return). Reinvesting dividends added $118.71 in extra value.
Starting share price: $125.31 — Current share price: $407.5
Frequently Asked Questions
- What is ELV's current dividend yield?
- ELV (Elevance Health Inc.) currently has a dividend yield of 1.68%. This means for every $10,000 invested, you would receive approximately $168 per year in dividend income before taxes.
- How much ELV do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from ELV at its current yield of 1.68%, you would need approximately $714,286 invested. With dividend reinvestment and growth, you may need less over time.
- Does ELV pay monthly dividends?
- No, ELV pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is ELV's dividend safe?
- ELV's payout ratio is 30.4%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is ELV's dividend growth rate?
- ELV's 5-year dividend compound annual growth rate (CAGR) is approximately 8.6% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in ELV 10 years ago be worth today?
- A $1,000 investment in ELV on 2016-09-30 would be worth approximately $3,754.33 today with dividends reinvested (DRIP), a 275.4% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $3,635.62 — meaning DRIP added $118.71 in extra value.
See full dividend history and analysis on the ELV dividend page.