ELV Stock — Elevance Health Inc.

Elevance Health Inc. (ELV)

ELV is a Stock. As of September 3, 2026, its distribution rate is 1.69%, its trailing-12-month yield is 1.65%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 2453.6% over the past 24.8 years, 1414.0 points ahead of SPY at 1039.6%.

At the current 1.69% distribution rate, a $10,000 investment would generate approximately $169 per year, or $14.08 per month on an equivalent basis. Actual quarterly payments vary.

Elevance Health operates as a health benefits company providing health insurance plans, pharmacy services, and healthcare management services to individual, employer, Medicare, and Medicaid members under the Anthem Blue Cross and Blue Shield brands, alongside specialty offerings through its Carelon divisions. The company distributes quarterly dividends at a modest current rate. This stock may appeal to income investors seeking exposure to the healthcare services and managed care sector.

ELV performance versus SPY

Data as of September 3, 2026.

Total return is 2453.6% over the past 24.8 years, 1414.0 points ahead of SPY at 1039.6%. Its deepest 1-year drawdown was 26.5%.

ELV key facts

Data as of September 3, 2026.

Distribution Safety Score™

97 · Safe

Safety-Adjusted Yield

1.64%

Asset type

Stock

Asset class

Equity

Inception date

10/30/2001

Distribution rate

1.69%

Distribution frequency

Quarterly

Trailing yield

1.65%

5-year average yield

1.36

Last close

$414.78

Market cap

$85,129,871,360

Average volume

1129274.0

Next dividend

$1.72

Next ex-dividend date

09/10/2026

Next payment date

09/25/2026

Beta

0.692

Payout ratio

0.2338

P/E ratio

18.35

Forward P/E

14.7275

EPS

$22.60

How Dividend Vision calculates yield and returns

Distribution rate (1.69%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.65%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ELV risks and drawbacks

ELV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 26.5%.

Who may consider ELV — and who may not

ELV may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (ELV pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions