CVS Health Corporation Announces Quarterly Dividend

Rhea-AI Summary

CVS Health Corporation (NYSE: CVS) has declared a quarterly dividend of $0.50 per share on its common stock. This dividend will be payable on February 1, 2021, to shareholders of record as of January 22, 2021. CVS Health continues to enhance its health services, engaging nearly one in three Americans annually and focusing on improving healthcare accessibility and affordability through innovative services and community presence.

Positive

• Quarterly dividend of $0.50 indicates confidence in cash flow.
• Dividend payment reflects commitment to returning value to shareholders.

Negative

• None.

WOONSOCKET, R.I., Jan. 4, 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 February 1, 2021, to holders of record on January 22, 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 stock dividend amount for January 2021?

CVS declared a quarterly dividend of $0.50 per share.

When is the CVS dividend payment date?

The dividend is payable on February 1, 2021.

Who will receive the CVS dividend?

Shareholders on record as of January 22, 2021, will receive the dividend.

How often does CVS pay dividends?

CVS typically pays dividends quarterly.