MRK Dividend History & Analysis | 3.3% Yield

MRK has a dividend yield of 3.3% and paid 3.36 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.29%
Payout Ratio 105.9%
Growth Rate CAGR 5y 5.4%
Consistency Lifetime 100%
Yield on Cost 5y 5%
Payout FCF 51.7%
Streak Years 5
Dividend Rating 63%
Chowder Number yield + growth 8.7% below 12% target for healthy growth
Yield vs Average 5y +13.6% avg 2.9% vs now 3.29%
Debt / EBITDA leverage 3.4x moderate
Income per 10k invested 329 USD per year
Ex-Dividend in 21 days: Buy before Sep 15, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly MRK annual dividends paid per share, showing the total cash Merck distributed to shareholders each year.
Dividend Growth Year over Year MRK year-over-year dividend growth rate, showing how Merck's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History MRK dividend yield history versus share price over the past 5 years, showing how Merck's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Pharmaceuticals

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
SAN PA
Sanofi
110,493 M 5.54% 5.70%
BMY NYSE
Bristol-Myers Squibb
136,882 M 4.71% 4.47%
GSK NYSE
GlaxoSmithKline
104,967 M 3.53% 5.36%
TAK NYSE
Takeda Pharmaceutical
58,058 M 3.92% 4.57%
NVS NYSE
Novartis
286,780 M 3.06% 6.14%
MRK NYSE
Merck
367,584 M 3.29% 5.01%
NOVN SW
Novartis
290,765 M 2.99% 5.49%
VTRS NASDAQ
Viatris
18,659 M 3.50% 4.01%
ORNBV HE
Orion
12,738 M 2.56% 5.86%
HLUN-B CO
H Lundbeck
6,364 M 3.08% 3.54%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
HLUN-B CO
H Lundbeck
6,364 M 26.64% 100.0%
LLY NYSE
Eli Lilly
1,109,683 M 15.24% 100.0%
NVS NYSE
Novartis
286,780 M 8.79% 100.0%
MRK NYSE
Merck
367,584 M 5.41% 100.0%
SAN PA
Sanofi
110,493 M 5.39% 100.0%
RPRX NASDAQ
Royalty Pharma
35,005 M 5.31% 100.0%
IPN PA
Ipsen
15,770 M 7.55% 98.0%
JNJ NYSE
Johnson & Johnson
644,335 M 4.79% 100.0%
H02 SG
HAW PAR
2,702 M 8.48% 97.2%
NOVN SW
Novartis
290,765 M 4.53% 100.0%

MRK Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb - -
Mar 0.76% 100
Apr - -
May - -
Jun 0.76% 100
Jul - -
Aug - -
Sep 0.80% 100
Oct - -
Nov - -
Dec 0.80% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of August 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-15 2026-09-15 2026-10-07 Quarterly 0.85 0% N/A
2026-06-15 2026-06-15 2026-07-08 Quarterly 0.85 0% 0.72%
2026-03-16 2026-03-16 2026-04-07 Quarterly 0.85 0% 0.74%
2025-12-15 2025-12-15 2026-01-08 Quarterly 0.85 +4.9% 0.85%
2025-09-15 2025-09-15 2025-10-07 Quarterly 0.81 0% 0.99%
2025-06-16 2025-06-16 2025-07-08 Quarterly 0.81 0% 1%
2025-03-17 2025-03-17 2025-04-07 Quarterly 0.81 0% 0.87%
2024-12-16 2024-12-16 2025-01-08 Quarterly 0.81 +5.2% 0.8%
2024-09-16 2024-09-16 2024-10-07 Quarterly 0.77 0% 0.67%
2024-06-17 2024-06-17 2024-07-08 Quarterly 0.77 0% 0.6%
2024-03-14 2024-03-15 2024-04-05 Quarterly 0.77 0% 0.64%
2023-12-14 2023-12-15 2024-01-08 Quarterly 0.77 +5.5% 0.72%
2023-09-14 2023-09-15 2023-10-06 Quarterly 0.73 0% 0.68%
2023-06-14 2023-06-15 2023-07-10 Quarterly 0.73 0% 0.67%
2023-03-14 2023-03-15 2023-04-10 Quarterly 0.73 0% 0.69%
2022-12-14 2022-12-15 2023-01-09 Quarterly 0.73 +5.8% 0.66%
2022-09-14 2022-09-15 2022-10-07 Quarterly 0.69 0% 0.79%
2022-06-14 2022-06-15 2022-07-08 Quarterly 0.69 0% 0.81%
2022-03-14 2022-03-15 2022-04-07 Quarterly 0.69 0% 0.89%
2021-12-14 2021-12-15 2022-01-07 Quarterly 0.69 +6.2% 0.95%
2021-09-14 2021-09-15 2021-10-07 Quarterly 0.65 0% 0.89%

MRK Dividend FAQ

What is the Dividend Yield of MRK?

As of August 2026, MRK's dividend yield is 3.29%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.36 USD by the current share price of 152.55.

Does MRK pay a dividend?

As of August 2026, MRK paid a dividend of 3.36 USD in the last 12 months. The last dividend was paid on 2026-09-15 and the payout was 0.85 USD.

How often does MRK pay dividends?

MRK pays dividends quarterly. Over the last 12 months, MRK has issued 4 dividend payments. The last dividend payment was made on 2026-09-15.

MRK dividend forecast

Based on historical data, the forecasted dividends per share for MRK for the next payments are between 0.845 (-0.6%) and 0.895 (+5.3%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.29%.

Will MRK pay dividends in 2026?

The latest dividend paid per share was 0.85 USD with an Ex-Dividend Date of 2026-09-15. The next Ex-Dividend date for Merck (MRK) is 2026-09-15.

What is the next Ex-Dividend Date for MRK?

The next Ex-Dividend date for Merck (MRK) is 2026-09-15.

What is the Dividend Growth of MRK?

MRK's average dividend growth rate over the past 5 years is 5.41% per year. Strong growth: MRK's dividend growth is outpacing inflation.

What is the Yield on Cost of MRK?

MRK's 5-Year Yield on Cost is 5.01%. If you bought MRK's shares at 67.06 USD five years ago, your current annual dividend income (3.36 USD per share, trailing 12 months) equals 5.01% of your original purchase price.

What is the Payout Consistency of MRK?

MRK Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Merck has a strong track record of consistent dividend payments over its lifetime.

Does MRK have a good Dividend Yield?

MRK's 3.29% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of MRK?

The Dividend Payout Ratio of MRK is 105.9%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of MRK?

MRK's Overall Dividend Rating is 63.03%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MRK Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in MRK's Outstanding Shares?

Merck's outstanding shares have decreased by approximately 1.07% annually over the past 3 years (Trend Reliability: -93.2%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has MRK ever had a Stock Split?

Yes, the last stock split was on Jun 3, 2021 with a ratio of 1048:1000. This was a forward split: Each share became 1.05 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 2,591,748,000 0%
1986 2,539,586,000 -2.01%
1987 2,465,280,000 -2.93%
1988 2,366,342,000 -4.01%
1989 2,297,058,800 -2.93%
1990 2,325,000,000 +1.22%
1991 2,301,666,700 -1%
1992 2,301,785,700 +0.01%
1993 2,276,451,600 -1.1%
1994 2,443,225,800 +7.33%
1995 2,468,000,000 +1.01%
1996 2,429,285,700 -1.57%
1997 2,376,326,500 -2.18%
1998 2,361,900,000 -0.61%
1999 2,317,500,000 -1.88%
2000 2,303,700,000 -0.6%
2001 2,271,300,000 -1.41%
2002 2,249,900,000 -0.94%
2003 2,237,000,000 -0.57%
2004 2,218,500,000 -0.83%
2005 2,194,000,000 -1.1%
2006 2,175,200,000 -0.86%
2007 2,179,285,700 +0.19%
2008 2,128,500,000 -2.33%
2009 2,109,100,000 -0.91%
2010 3,079,918,600 +46.03%
2011 3,069,000,000 -0.35%
2012 3,074,000,000 +0.16%
2013 2,959,000,000 -3.74%
2014 2,880,000,000 -2.67%
2015 2,813,000,000 -2.33%
2016 2,776,000,000 -1.32%
2017 2,715,000,000 -2.2%
2018 2,634,000,000 -2.98%
2019 2,559,000,000 -2.85%
2020 2,540,000,000 -0.74%
2021 2,535,000,000 -0.2%
2022 2,548,000,000 +0.51%
2023 2,554,166,700 +0.24%
2024 2,541,000,000 -0.52%
2025 2,488,000,000 -2.09%
2026 2,472,000,000 -0.64%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-08-18 02:47 UTC