Merck & Co Inc

LTS : 0QAH

USA·Healthcare·Drug Manufacturers

$146.42

−0.74 (−0.64%)Oct 16 close

Market Cap

$362.01B

Enterprise Value

$396.84B

P/E (TTM)

20.26

P/B

6.94

Net Cash / (Debt)

−$34.77B

52-Week Range

$75 — $156

5-Year Range

$72 — $156

Avg Volume (3M)

50.82K

ListingsLTS XTER LIM NYSE

Dividend Yield (TTM)

1.16%

vs 5Y avg 2.87% · 10Y avg 3.02%

Dividend Yield (Forward)

2.32%

4 payments/yr (spacing)

Dividends / Share (TTM)

$1.70

Forward (annualized): $3.40

Payout Ratio (EPS, TTM)

45.1%

Payout Ratio (FCF, TTM)

66.4%

Dividend CAGR (3Y / 5Y / 10Y)

3Y5.4%5Y5.8%10Y13.7%

Consecutive Growth Years

as of 2025

Years Without a Cut

as of 2025

Total Shareholder Yield (TTM)

4.63%

Div 2.86% + Net buyback 1.78%

Growth, streak and CAGR figures exclude special dividends.

Dividends per share

Cash dividends, split-adjusted · USD

Payout ratio

Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.

Dividend yield

Trailing-twelve-month dividends ÷ month-end price.

Capital returns

Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.

Total Shareholder Yield (TTM)

4.6%

Dividends 2.9% + Net buybacks 1.8%

Net Buyback (TTM)

$5.08B

Gross $5.08B − Issuance $0

SBC (TTM)

$820M

Share-based compensation, dilution driver

Net share-count change % / yr

Annual dividend growth

Dividend growth is decelerating (5.1% latest vs 5.7% 3-yr avg).

Year	DPS (regular sum, USD)	Change	Hikes
2025	3.28	+5.1%	1
2024	3.12	+5.4%	1
2023	2.96	+5.7%	1
2022	2.80	+6.1%	1
2021	2.64	+6.5%	1
2020	2.48	+9.7%	1
2019	2.26	+13.6%	1
2018	1.99	+5.3%	1
2017	1.89	+36.0%	1
2016	1.39	+52.7%	1
2015	0.91	-48.6%	1
2014	1.77	+2.3%	1
2013	1.73	+2.4%	1
2012	1.69	+8.3%	1
2011	1.56	+36.8%	1

Special dividends are excluded from these figures. Based on 61 regular payments.

Payment history (61 payments)

		As declared	Δ%	Type	Frequency	Declaration	Record	Pay date
2026-03-16	$0.85	–	0.0%	Cash	quarterly	-	2026-03-16	2026-04-07
2025-12-15	$0.85	–	+4.9%	Cash	quarterly	-	2025-12-15	2026-01-08
2025-09-15	$0.81	–	0.0%	Cash	quarterly	-	2025-09-15	2025-10-07
2025-06-16	$0.81	–	0.0%	Cash	quarterly	-	2025-06-16	2025-07-08
2025-03-17	$0.81	–	0.0%	Cash	quarterly	-	2025-03-17	2025-04-07
2024-12-16	$0.81	–	+5.2%	Cash	quarterly	-	2024-12-16	2025-01-08
2024-09-16	$0.77	–	0.0%	Cash	quarterly	-	2024-09-16	2024-10-07
2024-06-17	$0.77	–	0.0%	Cash	quarterly	-	2024-06-17	2024-07-08
2024-03-14	$0.77	–	0.0%	Cash	quarterly	-	2024-03-15	2024-04-05
2023-12-14	$0.77	–	+5.5%	Cash	quarterly	-	2023-12-15	2024-01-08
2023-09-14	$0.73	–	0.0%	Cash	quarterly	-	2023-09-15	2023-10-06
2023-06-14	$0.73	–	0.0%	Cash	quarterly	-	2023-06-15	2023-07-10
2023-03-14	$0.73	–	0.0%	Cash	quarterly	-	2023-03-15	2023-04-10
2022-12-14	$0.73	–	+5.8%	Cash	quarterly	-	2022-12-15	2023-01-09
2022-09-14	$0.69	–	0.0%	Cash	quarterly	-	2022-09-15	2022-10-07
2022-06-14	$0.69	–	0.0%	Cash	quarterly	-	2022-06-15	2022-07-08
2022-03-14	$0.69	–	0.0%	Cash	quarterly	-	2022-03-15	2022-04-07
2021-12-14	$0.69	–	+6.2%	Cash	quarterly	-	2021-12-15	2022-01-07
2021-09-14	$0.65	–	0.0%	Cash	quarterly	-	2021-09-15	2021-10-07
2021-06-14	$0.65	–	0.0%	Cash	quarterly	-	2021-06-15	2021-07-07
2021-03-12	$0.65	–	0.0%	Cash	quarterly	-	2021-03-15	2021-04-07
2020-12-14	$0.65	–	+6.6%	Cash	quarterly	-	2020-12-15	2021-01-08
2020-09-14	$0.61	–	0.0%	Cash	quarterly	-	2020-09-15	2020-10-07
2020-06-12	$0.61	–	0.0%	Cash	quarterly	-	2020-06-15	2020-07-07
2020-03-13	$0.61	–	0.0%	Cash	quarterly	-	2020-03-16	2020-04-07
2019-12-13	$0.61	–	+10.9%	Cash	quarterly	-	2019-12-16	2020-01-08
2019-09-13	$0.55	–	0.0%	Cash	quarterly	-	2019-09-16	2019-10-07
2019-06-14	$0.55	–	0.0%	Cash	quarterly	-	2019-06-17	2019-07-08
2019-03-14	$0.55	–	0.0%	Cash	quarterly	-	2019-03-15	2019-04-05
2018-12-14	$0.55	–	+14.6%	Cash	quarterly	-	2018-12-17	2019-01-08
2018-09-14	$0.48	–	0.0%	Cash	quarterly	-	2018-09-17	2018-10-05
2018-06-14	$0.48	–	0.0%	Cash	quarterly	-	2018-06-15	2018-07-09
2018-03-14	$0.48	–	0.0%	Cash	quarterly	-	2018-03-15	2018-04-06
2017-12-14	$0.48	–	+2.1%	Cash	quarterly	-	2017-12-15	2018-01-08
2017-09-14	$0.47	–	0.0%	Cash	quarterly	-	2017-09-15	2017-10-06
2017-06-13	$0.47	–	0.0%	Cash	quarterly	-	2017-06-15	2017-07-10
2017-03-13	$0.47	–	0.0%	Cash	quarterly	-	2017-03-15	2017-04-07
2016-12-13	$0.47	–	+2.2%	Cash	quarterly	-	2016-12-15	2017-01-09
2016-06-13	$0.46	–	0.0%	Cash	quarterly	-	2016-06-15	2016-07-08
2016-03-11	$0.46	–	0.0%	Cash	quarterly	-	2016-03-15	2016-04-07
2015-12-11	$0.46	–	+2.2%	Cash	quarterly	-	2015-12-15	2016-01-08
2015-03-12	$0.45	–	0.0%	Cash	quarterly	-	2015-03-16	2015-04-08
2014-12-11	$0.45	–	+2.3%	Cash	quarterly	-	2014-12-15	2015-01-08
2014-09-11	$0.44	–	0.0%	Cash	quarterly	-	2014-09-15	2014-10-07
2014-06-12	$0.44	–	0.0%	Cash	quarterly	-	2014-06-16	2014-07-08
2014-03-13	$0.44	–	0.0%	Cash	quarterly	-	2014-03-17	2014-04-07
2013-12-12	$0.44	–	+2.3%	Cash	quarterly	-	2013-12-16	2014-01-08
2013-09-12	$0.43	–	0.0%	Cash	quarterly	-	2013-09-16	2013-10-07
2013-06-13	$0.43	–	0.0%	Cash	quarterly	-	2013-06-17	2013-07-08
2013-03-13	$0.43	–	0.0%	Cash	quarterly	-	2013-03-15	2013-04-05
2012-12-13	$0.43	–	+2.4%	Cash	quarterly	-	2012-12-17	2013-01-08
2012-09-13	$0.42	–	0.0%	Cash	quarterly	-	2012-09-17	2012-10-05
2012-06-13	$0.42	–	0.0%	Cash	quarterly	-	2012-06-15	2012-07-09
2012-03-13	$0.42	–	0.0%	Cash	quarterly	-	2012-03-15	2012-04-06
2011-12-13	$0.42	–	+10.5%	Cash	quarterly	-	2011-12-15	2012-01-09
2011-09-13	$0.38	–	0.0%	Cash	quarterly	-	2011-09-15	2011-10-07
2011-06-13	$0.38	–	0.0%	Cash	quarterly	-	2011-06-15	2011-07-08
2011-03-11	$0.38	–	0.0%	Cash	quarterly	-	2011-03-15	2011-04-07
2010-12-13	$0.38	–	0.0%	Cash	quarterly	-	2010-12-15	2011-01-07
2010-09-13	$0.38	–	0.0%	Cash	quarterly	-	2010-09-15	2010-10-07
2010-06-11	$0.38	–	–	Cash	quarterly	-	2010-06-09	-

No splits on record.