CVS Health Corporation Announces Quarterly Dividend

Rhea-AI Summary

CVS Health Corporation has declared a quarterly dividend of $0.50 per share, which will be paid on May 3, 2021. Shareholders on record by April 23, 2021 will receive the dividend. This announcement underscores the company's commitment to returning value to its investors. CVS Health is a leading diversified health services company, aiming to improve healthcare accessibility and affordability.

Positive

• Quarterly dividend of $0.50 per share reaffirms commitment to shareholder returns.

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• None.

WOONSOCKET, R.I., March 10, 2021 /PRNewswire/ -- CVS Health Corporation (NYSE: CVS) today announced that its board of directors has approved a quarterly dividend of $0.50 (50 cents) per share on the corporation's common stock. The dividend is payable on May 3, 2021, to holders of record on April 23, 2021.

About CVS Health 
CVS Health is a different kind of health care company. We are a diversified health services company with nearly 300,000 employees united around a common purpose of helping people on their path to better health. In an increasingly connected and digital world, we are meeting people wherever they are and changing health care to meet their needs. Built on a foundation of unmatched community presence, our diversified model engages one in three Americans each year. From our innovative new services at HealthHUB^® locations, to transformative programs that help manage chronic conditions, we are making health care more accessible, more affordable and simply better. Learn more about how we're transforming health at www.cvshealth.com.

 

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SOURCE CVS Health Corporation

FAQ

What is the CVS dividend amount for May 2021?

CVS has declared a dividend of $0.50 per share for May 2021.

When is the CVS dividend payment date?

The CVS dividend will be payable on May 3, 2021.

When is the record date for CVS dividend payment?

The record date for the CVS dividend is April 23, 2021.

How often does CVS pay dividends?

CVS typically pays dividends on a quarterly basis.

Is the CVS dividend sustainable?

The sustainability of CVS's dividend depends on its financial performance and cash flow.