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Merck & Co., Inc. (MRK)
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MRK Dividends

Merck & Co., Inc. (MRK) pays $3.32 in dividends per share, with a current dividend yield of 2.80%. The company has dividend history for 15 consecutive years.

MRK Dividend Summary

Consecutive Years

15

Next Ex-Dividend Date

Jun 15, 2026

Next Payment Date

Jul 8, 2026

MRK Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

MRK Dividends CAGR Chart

Merck & Co., Inc. (MRK)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.70
2025$3.28+5.13%
2024$3.12+5.41%
2023$2.96+5.71%
2022$2.80+7.27%
2021$2.61+10.30%
2020$2.37+9.73%
2019$2.16+13.57%
2018$1.90+5.29%
2017$1.80+2.16%
2016$1.77+2.21%
2015$1.73+2.26%
2014$1.69+2.31%
2013$1.65+2.37%
2012$1.61+8.33%
2011$1.49+2.63%
2010$1.45+0.00%
2009$1.45+0.00%
2008$1.45+0.00%
2007$1.45+0.00%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.85+4.94%
Q1 2026$0.85+4.94%
Q4 2025$0.85+4.94%
Q3 2025$0.81+5.19%
Q2 2025$0.81+5.19%
Q1 2025$0.81+5.19%
Q4 2024$0.81+5.19%
Q3 2024$0.77+5.48%
Q2 2024$0.77+5.48%
Q1 2024$0.77+5.48%
Q4 2023$0.77+5.48%
Q3 2023$0.73+5.80%
Q2 2023$0.73+5.80%
Q1 2023$0.73+5.80%
Q4 2022$0.73+5.80%
Q3 2022$0.69+6.15%
Q2 2022$0.69+6.15%
Q1 2022$0.69+11.25%
Q4 2021$0.69+11.25%
Q3 2021$0.65+11.67%
Q2 2021$0.65+11.67%
Q1 2021$0.62+6.56%
Q4 2020$0.62+6.56%
Q3 2020$0.58+10.91%

Dividend Yield Metrics

Current Yield
2.80%
Average Yield (TTM)
2.80%
Average Yield (3Y)
2.63%
Forward Yield on Cost (3Y)
3.52%
Forward Yield on Cost (5Y)
4.10%
Forward Yield on Cost (10Y)
6.00%

Payout Ratio Analysis

Payout Ratio (Current)
45.48%
FCF Payout Ratio
58.85%
Payout Ratio (3Y Avg)
735.12%
Payout Ratio (5Y Avg)
460.96%
FCF Payout (3Y Avg)
64.82%
FCF Payout (5Y Avg)
62.20%

Dividend Coverage

Payout Ratio
45.5%
Dividends / net income
FCF Payout Ratio
58.9%
Dividends / free cash flow
Consecutive Years
15 years
Years with regular dividend payments
5Y Dividend Growth
6.8%
Compound annual dividend growth

About Merck & Co., Inc.

Merck & Co., Inc. is a global healthcare leader with operations spanning two core divisions: Pharmaceuticals and Animal Health. The Pharmaceutical segment is dedicated to human health, offering a broad spectrum of medicinal products. These cover crucial therapeutic areas such as oncology, acute hospital care, immunology, neuroscience, virology, cardiovascular conditions, and diabetes. This division also develops vital preventive vaccines for pediatric, adolescent, and adult populations. Meanwhile, the Animal Health segment focuses on the research, development, manufacturing, and marketing of veterinary medications, vaccines, and comprehensive health management solutions for animals. This division further provides innovative digital products designed for animal identification, traceability, and continuous monitoring. Merck's extensive clientele encompasses drug wholesalers, pharmacies, hospitals, and government agencies. It also serves managed healthcare organizations, including health maintenance organizations (HMOs) and pharmacy benefit managers, as well as various other institutional clients. Additionally, the company supplies products to individual physicians and their distributors, veterinarians, and livestock producers. The organization actively engages in strategic collaborations with companies such as AstraZeneca PLC, Bayer AG, Eisai Co., Ltd., Ridgeback Biotherapeutics, and Gilead Sciences, Inc. These partnerships are specifically aimed at the joint development and commercialization of prolonged-acting therapies for HIV. Established in 1891, Merck & Co., Inc. maintains its corporate headquarters in Kenilworth, New Jersey.

Rahway, NJ
73,000 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Robert Davis