This company discontinued its dividend after 2021.
Based on TTM and annual data · Not a buy/sell signal
This company does not pay dividends
Last dividend was paid in 2021. The company has not paid dividends in the last 5 years.
Does InnovAge Holding (INNV) pay a dividend?
InnovAge Holding (INNV) stopped paying a dividend after 2021 and pays nothing today. The business does generate free cash flow of $76 million, so the absence of a dividend is a capital-allocation choice rather than an inability to pay. All figures are computed from company filings; this is analysis, not investment advice.
Frequently asked
Does InnovAge Holding (INNV) pay a dividend?+
No. InnovAge Holding (INNV) does not currently pay a dividend. The last payment in our data was in 2021, and nothing has been paid since.
How does InnovAge Holding return cash to shareholders?+
It largely does not. InnovAge Holding pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could InnovAge Holding afford to pay a dividend?+
On the numbers, yes. InnovAge Holding generated $76 million of free cash flow, which is about $0.56 per share. If it paid out half of that, the dividend would be roughly $0.28 per share, a yield of about 2.8% at the current price. That is an illustration of capacity, not a prediction: the company has given no indication it intends to pay one.
Which healthcare companies do pay dividends?+
Our Healthcare sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with InnovAge Holding.
SourceDividend analysis computed from the 10-Q filed 30 Oct 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 4 Nov 2026. How this is calculated.
Fiscal year ends Jun. Earnings payout = dividends / net income. FCF payout = dividends / FCF. Yield = TTM DPS / price.
Peers
Services-Health Services · Pick stocks to compare with INNV
Held by ETFs
INNV is in 10 US ETFs. The largest of them, with INNV's weight in each:
iShares Russell 2000 Growth ETFIWO0.01%of the fund
Vanguard Russell 2000 Growth ETFVTWG0.01%of the fund
iShares Morningstar Small-Cap Growth ETFISCG0.01%of the fund
Vanguard U.S. Multifactor ETFVFMF0.06%of the fund
Vanguard U.S. Quality Factor ETFVFQY0.03%of the fund
Federated Hermes MDT Small Cap Core FundFSCC0.41%of the fund
Spot a number that looks wrong? Check it in INNV's SEC filings or
Download this analysis as a PDF (Pro)
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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