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MRK Dividend Analysis

Yield · Payout · Dividend Growth · AIQ Dividend

HealthcareDrug Manufacturers - GeneralScore data as of Sep 2, 2026

MRK

Dividends
Merck & Co., Inc.
Healthcare· Drug Manufacturers - General
AIQ Score
NeutralAIQ Edge 4/10
Low Priority
In Line With Peers
Score data as of Sep 2, 2026
Last price
$151.64
+$1.78 (+1.19%)
Latest market quote
Momentum77
Value27
Quality47
Risk Resilience36
Sentiment50
View financial data

Dividend Analysis Overview

Yield, growth, payout, free cash flow coverage, recent payment history, and AIQ Dividend context stay together.

History
47
dividends captured
Growth years
10
raw events; specials not isolated
Durability score
80/100
coverage and consistency proxy
Shareholder yield
0.90%
0.22% buyback yield

Next announced event

$0.85

MRK dividend calendar data is shown separately from historical payments so announced dates do not get blended into completed income history.

Ex-date
Sep 15, 2026
Pay date
Oct 7, 2026
Frequency
quarterly

Latest dividend record

Jun 15, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
2.22%
Latest dividend
$0.85
0.00% vs prior payment
Trailing annual dividend
$3.36
5.00% vs prior complete year
Ex-dividend date
Sep 15, 2026
Calendar endpoint
Frequency
quarterly
Inferred from available dividend events
Payment date
Oct 7, 2026
Calendar endpoint
Payout ratio
2.62%
Dividend as a share of earnings where available
FCF payout
51.71%
Dividend as a share of free cash flow per share
FCF coverage
1.93x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality47/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value27/100

Yield is more useful when valuation context is not stretched.

Risk resilience36/100

Lower drawdown and balance-sheet risk can improve income dependability.

Recent Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
2.22%
Current income rate
TTM trend
Trailing income rising
5.00% vs prior complete year
FCF coverage
Covered by FCF
1.93x
Payout ratio
2.62%
Earnings payout context
Recent dividend cadence
8 records
Sep 24
$0.77
Dec 24
$0.81
Mar 25
$0.81
Jun 25
$0.81
Sep 25
$0.81
Dec 25
$0.85
Mar 26
$0.85
Jun 26
$0.85

Annual dividend trail

2016 - 2026

11 plotted years

Dividend growth

+5.00% 1Y

Latest increase +4.94%
Latest dividend event timeline
Declared
May 26, 2026
Ex-date
Jun 15, 2026
Record
Jun 15, 2026
Paid
Jul 8, 2026

Latest row amount $0.85, event yield 2.92%.

Event field coverage
Declaration40/40
Record40/40
Payment40/40
Frequency40/40
History depth
40 rows
FMP dividend events via canonical L3
Data through
Jun 15, 2026
latest covered ex-date
Last checked
Sep 3, 2026
independent from event date
Date coverage
40/40 pay
40/40 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Recent dividend chart

Dividend payments

Showing latest 5 of 40 rows
Ex-dateLabelDividendAdjustedEvent yieldFrequencyTTM adjustedDeclaredRecord datePayment date
Jun 15, 2026$0.85
$0.85
2.92%Quarterly$3.36May 26, 2026Jun 15, 2026Jul 8, 2026
Mar 16, 2026$0.85
$0.85
2.88%Quarterly$3.32Jan 27, 2026Mar 16, 2026Apr 7, 2026
Dec 15, 2025$0.85
$0.85
3.27%Quarterly$3.28Nov 18, 2025Dec 15, 2025Jan 8, 2026
Sep 15, 2025$0.81
$0.81
4.00%Quarterly$3.24Jul 22, 2025Sep 15, 2025Oct 7, 2025
Jun 16, 2025$0.81
$0.81
3.95%Quarterly$3.20May 27, 2025Jun 16, 2025Jul 8, 2025
Show older history+35 rows
Mar 17, 2025$0.81
$0.81
3.33%Quarterly$3.16Jan 28, 2025Mar 17, 2025Apr 7, 2025
Dec 16, 2024$0.81
$0.81
3.12%Quarterly$3.12Nov 19, 2024Dec 16, 2024Jan 8, 2025
Sep 16, 2024$0.77
$0.77
2.61%Quarterly$3.08Jul 23, 2024Sep 16, 2024Oct 7, 2024
Jun 17, 2024$0.77
$0.77
2.38%Quarterly$3.04May 28, 2024Jun 17, 2024Jul 8, 2024
Mar 14, 2024$0.77
$0.77
2.49%Quarterly$3.00Jan 23, 2024Mar 15, 2024Apr 5, 2024
Dec 14, 2023$0.77
$0.77
2.80%Quarterly$2.96Nov 28, 2023Dec 15, 2023Jan 8, 2024
Sep 14, 2023$0.73
$0.73
2.70%Quarterly$2.92Jul 25, 2023Sep 15, 2023Oct 6, 2023
Jun 14, 2023$0.73
$0.73
2.65%Quarterly$2.88May 23, 2023Jun 15, 2023Jul 10, 2023
Mar 14, 2023$0.73
$0.73
2.65%Quarterly$2.84Jan 24, 2023Mar 15, 2023Apr 10, 2023
Dec 14, 2022$0.73
$0.73
2.51%Quarterly$2.80Nov 29, 2022Dec 15, 2022Jan 9, 2023
Sep 14, 2022$0.69
$0.69
3.17%Quarterly$2.76Jul 26, 2022Sep 15, 2022Oct 7, 2022
Jun 14, 2022$0.69
$0.69
3.22%Quarterly$2.72May 24, 2022Jun 15, 2022Jul 8, 2022
Mar 14, 2022$0.69
$0.69
3.45%Quarterly$2.68Jan 25, 2022Mar 15, 2022Apr 7, 2022
Dec 14, 2021$0.69
$0.69
3.54%Quarterly$2.61Nov 30, 2021Dec 15, 2021Jan 7, 2022
Sep 14, 2021$0.65
$0.65
3.52%Quarterly$2.54Jul 27, 2021Sep 15, 2021Oct 7, 2021
Jun 14, 2021$0.65
$0.65
3.28%Quarterly$2.47May 25, 2021Jun 15, 2021Jul 7, 2021
Mar 12, 2021$0.65
$0.62
3.38%Quarterly$2.40Jan 26, 2021Mar 15, 2021Apr 7, 2021
Dec 14, 2020$0.65
$0.62
3.09%Quarterly$2.37Nov 17, 2020Dec 15, 2020Jan 8, 2021
Sep 14, 2020$0.61
$0.58
2.90%Quarterly$2.33Jul 28, 2020Sep 15, 2020Oct 7, 2020
Jun 12, 2020$0.61
$0.58
3.12%Quarterly$2.27May 26, 2020Jun 15, 2020Jul 7, 2020
Mar 13, 2020$0.61
$0.58
3.03%Quarterly$2.21Jan 28, 2020Mar 16, 2020Apr 7, 2020
Dec 13, 2019$0.61
$0.58
2.54%Quarterly$2.16Nov 19, 2019Dec 16, 2019Jan 8, 2020
Sep 13, 2019$0.55
$0.52
2.67%Quarterly$2.10Jul 23, 2019Sep 16, 2019Oct 7, 2019
Jun 14, 2019$0.55
$0.52
2.58%Quarterly$2.03May 28, 2019Jun 17, 2019Jul 8, 2019
Mar 14, 2019$0.55
$0.52
2.53%Quarterly$1.97Jan 29, 2019Mar 15, 2019Apr 5, 2019
Dec 14, 2018$0.55
$0.52
2.60%Quarterly$1.90Oct 25, 2018Dec 17, 2018Jan 8, 2019
Sep 14, 2018$0.48
$0.46
2.75%Quarterly$1.83Jul 24, 2018Sep 17, 2018Oct 5, 2018
Jun 14, 2018$0.48
$0.46
Quarterly$1.82May 22, 2018Jun 15, 2018Jul 9, 2018
Mar 14, 2018$0.48
$0.46
Quarterly$1.81Jan 23, 2018Mar 15, 2018Apr 6, 2018
Dec 14, 2017$0.48
$0.46
Quarterly$1.80Nov 28, 2017Dec 15, 2017Jan 8, 2018
Sep 14, 2017$0.47
$0.45
2.85%Quarterly$1.79Jul 26, 2017Sep 15, 2017Oct 6, 2017
Jun 13, 2017$0.47
$0.45
Quarterly$1.78May 23, 2017Jun 15, 2017Jul 10, 2017
Mar 13, 2017$0.47
$0.45
2.90%QuarterlyMar 1, 2017Mar 15, 2017Apr 7, 2017
Dec 13, 2016$0.47
$0.45
QuarterlyNov 22, 2016Dec 15, 2016Jan 9, 2017
Sep 13, 2016$0.46
$0.44
QuarterlyJul 26, 2016Sep 15, 2016Oct 7, 2016
Dividend context
How to read MRK's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Dividend calculators

Use compact calculator links here; the standalone tools remain the canonical calculator pages.

Primary calculator
Calculate MRK dividend income

Estimate annual income, payment amount, yield and growth scenarios using MRK as ticker context.

Calculate dividend income
Secondary calculator
Model MRK dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

Model dividend reinvestment
Continue to MRK fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

MRK Dividends FAQ

Does MRK pay a dividend?

If Merck & Co., Inc. has covered dividend payments, this page shows the latest dividend, yield, ex-date, payment date when available, and recent payment history. If no rows are shown, the current snapshot does not include dividend history for MRK.

What is MRK's dividend yield?

MRK's dividend yield compares trailing dividend payments with the latest available price. It should be read with payout ratio, free cash flow coverage, balance-sheet risk, and dividend history.

Is MRK's dividend sustainable?

Dividend sustainability depends on whether earnings and free cash flow can cover the distribution through normal business cycles. Review payout ratio, free cash flow coverage, recent payment cadence, debt, and earnings stability rather than yield alone.

When is MRK's next dividend payment?

When covered, the table shows recent ex-dividend, record, and payment dates. Future payment timing should be confirmed against issuer announcements because schedules can change.

How should investors interpret MRK's dividend growth?

Rising dividends can indicate capital return discipline, but dividend growth is strongest when it is supported by growing free cash flow, a reasonable payout ratio, and a consistent history of actual payments.

What does MRK's dividend reliability view show?

MRK's reliability view summarizes recent payment cadence, trailing income direction when comparable history is complete, payout context where meaningful, and available coverage evidence. It is a screening aid, not a guarantee of future dividends.