Dividend history
Merck CDR (CAD Hedged)
MRK.TO
Recent payments
$0.1887CAD
Ex: Sep 15, 2026
Pay: Oct 15
$0.1915CAD
Ex: Dec 15, 2025
$0.1848CAD
Ex: Sep 15, 2025
$0.1851CAD
Ex: Jun 16, 2025
$0.1837CAD
Ex: Mar 17, 2025
What the Ex-Dividend Date Means for Investors
Merck CDR (CAD Hedged) (MRK.TO) went ex-dividend on September 15, 2026. If you bought shares on or after this date, you won’t receive the upcoming dividend payment. The declared dividend is CA$0.1887 CAD, which will be paid out on October 15, 2026.
Advertisement
Merck CDR (CAD Hedged)
MRK.TO
MRK.TO
Merck CDR (CAD Hedged)
WealthAwesomeMarket cap
$296.29B
P/E
115.2x
Div. yield
10.37%
Div. / share
$3.32
52W high
$34.69
52W low
$17.16
1W change
-2.06%
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MRK's historical volatility
30-Day Vol
41.0%
Annualized
90-Day Vol
34.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$38.56
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$34.23 | C$29.71 – C$39.43 |
| 60 trading days | C$36.33 | C$29.74 – C$44.37 |
| 90 trading days | C$38.56 | C$30.18 – C$49.26 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Investor takeaway: If you held Merck CDR shares before the ex-dividend date, this dividend will be credited to your account on the payment date. Knowing the ex-dividend date is crucial for dividend investors, as it determines who gets paid.
Dividend Details
Merck CDR's latest dividend of CA$0.1887 CAD gives a trailing yield of 10.37%.
Understanding Ex-Dividend Dates
The ex-dividend date is important for anyone wanting to receive dividends. If you buy shares on or after this date, you miss out on the upcoming dividend. For Merck CDR, the ex-dividend date was September 15, 2026, so only those who held shares before this date are eligible for the CA$0.1887 CAD dividend.
Advertisement
Upcoming Payment Details
Merck CDR's dividend payment of CA$0.1887 CAD will be distributed to shareholders on October 15, 2026. This is a slight decrease from the previous dividend of CA$0.1915 CAD. Keep in mind that this payment is part of a quarterly schedule, and the company has consistently paid dividends for about 1.5 years, with two increases during this time.
Dividend calendar
| Ticker | MRK.TO |
| Amount | CA$0.1887 |
| Ex-dividend | 2026-09-15 |
| Record | 2026-09-15 |
| Payment | 2026-10-15 |
| Declared | 2026-08-04 |
| Trailing yield | 10.37% |
| Stock page | MRK.TO dividend history |
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
