CVS Health Corporation Common Stock
CVS Quarterly Dividend Announced
Dividend Yield: 4.60%
CVS Health Corporation has announced that its board of directors has approved a quarterly dividend of $0.66 per share. The dividend will be payable on December 1, 2023, to shareholders of record as of November 15, 2023.
This dividend represents a 10% increase over the previous quarterly dividend of $0.60 per share.
CVS Health has a strong track record of increasing its dividend. The company has increased its dividend every year for the past 20 years.
The current dividend yield for CVS Health is 4.60%. This yield is attractive compared to the yields of other large-cap healthcare companies.
CVS Health is a leading health solutions company. The company provides a range of healthcare services, including pharmacy, health insurance, and retail health clinics.
CVS Health is a well-established company with a strong financial position. The company is expected to continue to grow its earnings and dividends in the years to come.
Conclusion
The announcement of a quarterly dividend increase by CVS Health Corporation is a positive sign for investors. The company's strong track record of dividend growth and attractive dividend yield make it a compelling investment opportunity.
Comments