CVS Health Corporation

CVS
Healthcare
$93.02
2.86%Fair Value

CVS Health Corporation (CVS) is a Healthcare company that currently yields 2.86% — trading near fair value based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $58.56 and the overvaluation threshold at $104.34. CVS Health Corporation holds a quality score of 60/100 (Good), reflecting 14 consecutive years of dividend growth with a 70% payout ratio. The 5-year dividend CAGR stands at 5.9%.

CVS Dividend Yield History — Weiss Valuation

Underval. $58.56Overval. $104.34

Distance to undervalued

Waiting for a better entry

Needs about 37.0% downside to reach the Weiss buy zone

Undervaluation starts near $58.56, where the annual dividend would imply roughly 4.54% yield. That is 1.68% above today's yield.

Buy-zone price

$58.56

Target yield

4.54%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

70%

Earnings coverage leaves room for noise.

Cash payout

42%

Free cash flow coverage supports the payment.

Dividend growth

5.9%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

CVS Health Corporation is trading at a fair valuation relative to its dividend history.

Current yield 2.9% vs historical max 4.2% (67% of maximum).

14 consecutive years without a dividend cut.

Reasonable payout ratio of 70%.

What matters now

Read the signal before the headline yield

Valuation is neutral here: quality has to do more of the work than entry price.

The 60/100 quality score calls for selective follow-up, not autopilot.

Start by checking whether payout coverage and business durability still support the dividend.

CVS Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$303

Year 10 Income

$713

Yield on Cost

7.49%

Total Income

$4,761

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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CVS Dividend Quality Score

Quality Score

60/ 100

Good

Payout Ratio5/25
Dividend Streak20/25
Growth (CAGR 5Y)15/20
Yield vs History5/15
FCF Coverage15/15

Key Metrics

Current Price$93.02
Annual Dividend$2.66
Current Yield2.86%
Yield — Max (10Y)4.24%
Yield — Min (10Y)1.80%
Undervalued Below$58.56
Overvalued Above$104.34
Payout Ratio70.18%
CAGR Dividend 5Y5.9%
CAGR Dividend 10Y6.6%
Years No Cut14y

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14
consecutive years of dividend growth