CVS Health announces quarterly dividend

Rhea-AI Summary

CVS Health (NYSE: CVS) has announced its board of directors has approved a quarterly dividend of $0.665 per share on the Common Stock. The dividend will be paid on February 3, 2025, to shareholders of record as of January 23, 2025.

Positive

• Maintaining consistent dividend payments, demonstrating financial stability
• Quarterly dividend of $0.665 per share provides steady income for shareholders

Negative

• None.

WOONSOCKET, R.I., Jan. 3, 2025 /PRNewswire/ -- CVS Health (NYSE: CVS) has announced that its board of directors has approved a quarterly dividend of sixty-six and one-half cents ($0.665 cents) per share on the Common Stock of the Corporation. The dividend is payable on February 3, 2025, to holders of record on January 23, 2025.

About CVS Health
CVS Health® is a leading health solutions company building a world of health around every consumer it serves and connecting care so that it works for people wherever they are. As of September 30, 2024, the Company had more than 9,000 retail locations, more than 900 walk-in medical clinics, more than 225 primary care medical clinics, a leading pharmacy benefits manager with approximately 90 million plan members and expanding specialty pharmacy solutions, and a dedicated senior pharmacy care business serving more than 800,000 patients per year. The Company also serves an estimated more than 36 million people through traditional, voluntary and consumer-directed health insurance products and related services, including expanding Medicare Advantage offerings and a leading standalone Medicare Part D prescription drug plan. The Company is creating new sources of value through its integrated model allowing it to expand into personalized, technology driven care delivery and health services, increasing access to quality care, delivering better health outcomes and lowering overall health care costs.

 

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SOURCE CVS Health Corporation

FAQ

What is the dividend amount for CVS stock in Q1 2025?

CVS Health announced a quarterly dividend of $0.665 per share for Q1 2025.

When is CVS's next dividend payment date in 2025?

CVS's next dividend payment is scheduled for February 3, 2025.

What is the record date for CVS's Q1 2025 dividend?

The record date for CVS's Q1 2025 dividend is January 23, 2025.

How often does CVS pay dividends to shareholders?

CVS pays dividends on a quarterly basis to its shareholders.

What is the annual dividend yield for CVS based on the Q1 2025 payment?

Based on the quarterly dividend of $0.665, CVS's annual dividend payment would be $2.66 per share.