CVS Health announces quarterly dividend

Rhea-AI Summary

CVS Health has approved a quarterly dividend of $0.605 per share, reflecting a 10% increase from the previous dividend. The dividend will be paid on February 1, 2023, to shareholders on record by January 20, 2023. This decision indicates the company's ongoing commitment to returning value to its shareholders amidst its expanding role in healthcare.

Positive

• Quarterly dividend increased by 10% to $0.605 per share.
• Strong commitment to shareholder returns.

Negative

• None.

WOONSOCKET, R.I., Dec. 15, 2022 /PRNewswire/ -- CVS Health (NYSE: CVS) has announced that its board of directors has approved a quarterly dividend of sixty and a half cents ($0.605 cents) per share on the Common Stock of the Corporation, an increase of 10 percent over the previous quarterly dividend. The dividend is payable on February 1, 2023, to holders of record on January 20, 2023. 

About CVS Health
CVS Health^® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses, and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that's managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.

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SOURCE CVS Health Corporation

FAQ

What is the dividend amount CVS announced?

CVS announced a quarterly dividend of $0.605 per share.

When will CVS's dividend be paid?

The dividend will be paid on February 1, 2023.

What is the record date for CVS's dividend?

The record date for CVS's dividend is January 20, 2023.

How much has CVS increased its dividend?

CVS increased its dividend by 10% from the previous amount.