Merck & Co Inc

XTER : 6MK
USA·Healthcare·Drug Manufacturers
€98.50
−0.70 (−0.71%)latest daily quote
Market Cap
€243.53B
Enterprise Value
€273.54B
P/E (TTM)
15.91
P/B
5.45
Net Cash / (Debt)
−€29.70B
52-Week Range
€72 — €105
5-Year Range
€64 — €125
Avg Volume (3M)
3.73K
Dividend Yield (TTM)
1.48%
vs 5Y avg 2.99% · 10Y avg 3.06% · price: vendor quote
Dividend Yield (Forward)
3.00%
4 payments/yr (spacing)
Dividends / Share (TTM)
$1.70
Forward (annualized): $3.40
Payout Ratio (EPS, TTM)
45.0%
Payout Ratio (FCF, TTM)
67.4%
Dividend CAGR (3Y / 5Y / 10Y)
3Y5.4%5Y5.8%10Y6.1%
Consecutive Growth Years
16
as of 2025
Years Without a Cut
16
as of 2025
Total Shareholder Yield (TTM)
4.70%
Div 2.90% + Net buyback 1.80%

Growth, streak and CAGR figures exclude special dividends.

Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).

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)
4.7%
Dividends 2.9% + Net buybacks 1.8%
Net Buyback (TTM)
€4.44B
Gross €4.44B − Issuance €0
SBC (TTM)
€717M
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).

YearDPS (regular sum, USD)ChangeHikes
20253.28+5.1%1
20243.12+5.4%1
20232.96+5.7%1
20222.80+6.1%1
20212.64+6.5%1
20202.48+9.7%1
20192.26+13.6%1
20181.99+5.3%1
20171.89+2.2%1
20161.85+2.2%1
20151.81+2.3%1
20141.77+2.3%1
20131.73+2.4%1
20121.69+8.3%1
20111.56+2.6%1

Special dividends are excluded from these figures. Based on 66 regular payments.

Payment history (66 payments)

Δ%TypeFrequencyDeclarationRecordPay date
2026-03-16$0.850.0%Cashquarterly-2026-03-162026-04-07
2025-12-15$0.85+4.9%Cashquarterly-2025-12-152026-01-08
2025-09-15$0.810.0%Cashquarterly-2025-09-152025-10-07
2025-06-16$0.810.0%Cashquarterly-2025-06-162025-07-08
2025-03-17$0.810.0%Cashquarterly-2025-03-172025-04-07
2024-12-16$0.81+5.2%Cashquarterly-2024-12-162025-01-08
2024-09-16$0.770.0%Cashquarterly-2024-09-162024-10-07
2024-06-17$0.770.0%Cashquarterly-2024-06-172024-07-08
2024-03-14$0.770.0%Cashquarterly-2024-03-152024-04-05
2023-12-14$0.77+5.5%Cashquarterly-2023-12-152024-01-08
2023-09-14$0.730.0%Cashquarterly-2023-09-152023-10-06
2023-06-14$0.730.0%Cashquarterly-2023-06-152023-07-10
2023-03-14$0.730.0%Cashquarterly-2023-03-152023-04-10
2022-12-14$0.73+5.8%Cashquarterly-2022-12-152023-01-09
2022-09-14$0.690.0%Cashquarterly-2022-09-152022-10-07
2022-06-14$0.690.0%Cashquarterly-2022-06-152022-07-08
2022-03-14$0.690.0%Cashquarterly-2022-03-152022-04-07
2021-12-14$0.69+6.2%Cashquarterly-2021-12-152022-01-07
2021-09-14$0.650.0%Cashquarterly-2021-09-152021-10-07
2021-06-14$0.650.0%Cashquarterly-2021-06-152021-07-07
2021-03-12$0.650.0%Cashquarterly-2021-03-152021-04-07
2020-12-14$0.65+6.6%Cashquarterly-2020-12-152021-01-08
2020-09-14$0.610.0%Cashquarterly-2020-09-152020-10-07
2020-06-12$0.610.0%Cashquarterly-2020-06-152020-07-07
2020-03-13$0.610.0%Cashquarterly-2020-03-162020-04-07
2019-12-13$0.61+10.9%Cashquarterly-2019-12-162020-01-08
2019-09-13$0.550.0%Cashquarterly-2019-09-162019-10-07
2019-06-14$0.550.0%Cashquarterly-2019-06-172019-07-08
2019-03-14$0.550.0%Cashquarterly-2019-03-152019-04-05
2018-12-14$0.55+14.6%Cashquarterly-2018-12-172019-01-08
2018-09-14$0.480.0%Cashquarterly-2018-09-172018-10-05
2018-06-14$0.480.0%Cashquarterly-2018-06-152018-07-09
2018-03-14$0.480.0%Cashquarterly-2018-03-152018-04-06
2017-12-14$0.48+2.1%Cashquarterly-2017-12-152018-01-08
2017-09-14$0.470.0%Cashquarterly-2017-09-152017-10-06
2017-06-13$0.470.0%Cashquarterly-2017-06-152017-07-10
2017-03-13$0.470.0%Cashquarterly-2017-03-152017-04-07
2016-12-13$0.47+2.2%Cashquarterly-2016-12-152017-01-09
2016-09-13$0.460.0%Cashquarterly-2016-09-152016-10-07
2016-06-13$0.460.0%Cashquarterly-2016-06-152016-07-08
2016-03-11$0.460.0%Cashquarterly-2016-03-152016-04-07
2015-12-11$0.46+2.2%Cashquarterly-2015-12-152016-01-08
2015-09-11$0.450.0%Cashquarterly-2015-09-152015-10-07
2015-06-11$0.450.0%Cashquarterly-2015-06-152015-07-08
2015-03-12$0.450.0%Cashquarterly-2015-03-162015-04-08
2014-12-11$0.45+2.3%Cashquarterly-2014-12-152015-01-08
2014-09-11$0.440.0%Cashquarterly-2014-09-152014-10-07
2014-06-12$0.440.0%Cashquarterly-2014-06-162014-07-08
2014-03-13$0.440.0%Cashquarterly-2014-03-172014-04-07
2013-12-12$0.44+2.3%Cashquarterly-2013-12-162014-01-08
2013-09-12$0.430.0%Cashquarterly-2013-09-162013-10-07
2013-06-13$0.430.0%Cashquarterly-2013-06-172013-07-08
2013-03-13$0.430.0%Cashquarterly-2013-03-152013-04-05
2012-12-13$0.43+2.4%Cashquarterly-2012-12-172013-01-08
2012-09-13$0.420.0%Cashquarterly-2012-09-172012-10-05
2012-06-13$0.420.0%Cashquarterly-2012-06-152012-07-09
2012-03-13$0.420.0%Cashquarterly-2012-03-152012-04-06
2011-12-13$0.42+10.5%Cashquarterly-2011-12-152012-01-09
2011-09-13$0.380.0%Cashquarterly-2011-09-152011-10-07
2011-06-13$0.380.0%Cashquarterly-2011-06-152011-07-08
2011-03-11$0.380.0%Cashquarterly-2011-03-152011-04-07
2010-12-13$0.380.0%Cashquarterly-2010-12-152011-01-07
2010-09-13$0.380.0%Cashquarterly-2010-09-152010-10-07
2010-06-11$0.380.0%Cashquarterly-2010-06-152010-07-08
2010-03-11$0.380.0%Cashquarterly-2010-03-152010-04-07
2009-12-11$0.38–Cashquarterly-2009-12-152010-01-08
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.