CVS Health Raises Quarterly Dividend by 10%
December 05 2023 - 6:11AM
Dow Jones News
By Colin Kellaher
CVS Health's board had raised the healthcare-services giant
quarterly dividend by 10%, to 66.5 cents from 60.5 cents.
The new payout, equal to $2.66 a year, represents an annual
yield of about 3.88% based on Monday's closing price of $68.48, up
from about 3.53%.
The Woonsocket, R.I., company on Tuesday said the increased
dividend is payable Feb. 1 to shareholders of record Jan. 22.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 05, 2023 06:56 ET (11:56 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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