Elevance Health Exceeds Expectations with Strong Performance, Driving Profits and Rewarding Investors
Portfolio Pulse from Benzinga Insights
Elevance Health (NYSE:ELV) announced a dividend payout of $1.48 per share with an annualized yield of 1.28%. Shareholders as of December 05, 2023, will receive the dividend on December 21, 2023. The company has shown a consistent increase in dividends per share from $3.20 in 2019 to $5.12 in 2022, and earnings per share growth from $17.98 to $28.96 over the same period, indicating strong financial health and potential for future dividend increases.
December 21, 2023 | 3:05 pm
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Elevance Health has announced a consistent dividend payout, with the latest being $1.48 per share. The company's dividends and earnings per share have been increasing, indicating a strong financial position and the potential for future dividend growth.
The consistent increase in dividends and earnings per share suggests that Elevance Health is financially robust, which is likely to be viewed positively by investors. This could lead to a short-term positive impact on the stock price as it reinforces investor confidence in the company's ability to sustain and potentially increase dividend payments.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100