Merck & Co., Inc. (MRK) closed fiscal year 2025 with 2.47 B shares outstanding and a dividend of 3.28 USD per share.
Merck & Co., Inc. (MRK) closed fiscal year 2025 with 2.47 B shares outstanding and a dividend of 3.28 USD per share. Over the year the share count fell by 53.0 M shares on a net basis. Since 2008 the share count has grown by 10.2 %. The dividend per share was 3.28 USD, up 5.1 % year on year. Total dividends paid came to 8.18 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 2.25B | 3.26B | 3.23B | 3.19B | 3.17B | 3.07B | 2.97B | 2.91B | 2.88B | 2.83B | 2.72B | 2.66B | 2.53B | 2.53B | 2.54B | 2.53B | 2.53B | 2.47B |
| Shares issued — SBC/options | — | 1,012M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 10.2M | 0.00M | 0.00M | 0.00M |
| Shares issued (%) | — | 31.05 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.40 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | — | 0.00M | -27.4M | -43.1M | -15.0M | -104M | -93.7M | -59.7M | -34.0M | -54.6M | -109M | -56.1M | -131M | -2.62M | 0.00M | -6.20M | -4.00M | -53.0M |
| Shares repurchased (%) | — | 0.00 % | -0.85 % | -1.35 % | -0.47 % | -3.39 % | -3.15 % | -2.05 % | -1.18 % | -1.93 % | -4.01 % | -2.11 % | -5.16 % | -0.10 % | 0.00 % | -0.24 % | -0.16 % | -2.14 % |
| Net addition/reduction | — | 1,012M | -27.4M | -43.1M | -15.0M | -104M | -93.7M | -59.7M | -34.0M | -54.6M | -109M | -56.1M | -131M | -2.62M | 10.2M | -6.20M | -4.00M | -53.0M |
| Net addition/reduction (%) | — | 31.05 % | -0.85 % | -1.35 % | -0.47 % | -3.39 % | -3.15 % | -2.05 % | -1.18 % | -1.93 % | -4.01 % | -2.11 % | -5.16 % | -0.10 % | 0.40 % | -0.24 % | -0.16 % | -2.14 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.45 | 1.45 | 1.45 | 1.49 | 1.61 | 1.65 | 1.69 | 1.73 | 1.77 | 1.80 | 1.90 | 2.26 | 2.48 | 2.64 | 2.80 | 2.96 | 3.12 | 3.28 |
| Payout Ratio (%) | 42.00 % | 24.92 % | 549.83 % | 74.79 % | 82.94 % | 117.10 % | 43.37 % | 115.20 % | 130.71 % | 215.83 % | 83.15 % | 57.86 % | 87.94 % | 50.66 % | 48.30 % | 2,039.73 % | 45.80 % | 44.79 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 3.28B | 3.22B | 4.73B | 4.69B | 5.12B | 5.16B | 5.17B | 5.12B | 5.12B | 5.17B | 5.17B | 5.70B | 6.22B | 6.61B | 7.01B | 7.45B | 7.84B | 8.18B |
| Dividend Yield (%) | 5.24 % | 4.08 % | 4.20 % | 4.17 % | 4.16 % | 3.47 % | 3.06 % | 3.43 % | 3.12 % | 3.34 % | 2.64 % | 2.59 % | 3.23 % | 3.44 % | 2.52 % | 2.72 % | 3.13 % | 3.07 % |
Figures in USD