Merck & Company (MRK) dividend history
Merck & Company paid $8.2B in dividends in fiscal 2025, about $3.26 per share.
Dividends per share grew 5.6% a year over 14 years, rising in each of the last 14 years.
That took 66% of free cash flow and 45% of net income.
At today's price the trailing yield is 2.34%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Merck & Company's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2025 | $3.26 | +5.7% | $8.2B | 66% | 45% |
| 2024 | $3.09 | +5.6% | $7.8B | 43% | 46% |
| 2023 | $2.92 | +6.0% | $7.4B | 81% | 2040% |
| 2022 | $2.76 | +5.9% | $7.0B | 48% | 48% |
| 2021 | $2.60 | +6.5% | $6.6B | 76% | 51% |
| 2020 | $2.45 | +10.8% | $6.2B | 107% | 88% |
| 2019 | $2.21 | +14.3% | $5.7B | 57% | 58% |
| 2018 | $1.93 | +2.7% | $5.2B | 62% | 83% |
| 2017 | $1.88 | +2.3% | $5.2B | 113% | 216% |
| 2016 | $1.84 | +2.1% | $5.1B | 58% | 131% |
| 2015 | $1.80 | +2.0% | $5.1B | 45% | 115% |
| 2014 | $1.77 | +2.6% | $5.2B | 77% | 43% |
| 2013 | $1.72 | +3.5% | $5.2B | 51% | 117% |
| 2012 | $1.66 | +9.7% | $5.1B | 63% | 83% |
| 2011 | $1.52 | — | $4.7B | 44% | 75% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Merck & Company pay a dividend?
Merck & Company paid $8.2B in dividends in fiscal 2025, about $3.26 per share.
How fast has Merck & Company's dividend grown?
Dividends per share grew 5.6% a year over 14 years, rising in each of the last 14 years.
From Merck & Company's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.