CVS Health Corporation Announces Quarterly Dividend

Rhea-AI Summary

CVS Health Corporation (NYSE: CVS) announced its board of directors has approved a quarterly dividend of $0.50 per share on common stock. This dividend will be payable on August 3, 2020, to shareholders of record on July 23, 2020. This decision reflects the company's commitment to delivering value to its shareholders while emphasizing its goal of becoming the most consumer-centric health company. CVS aims to adapt to changing consumer needs through innovative health services and community-focused initiatives.

Positive

• Quarterly dividend of $0.50 per share approved, reflecting confidence in business stability.

Negative

• None.

WOONSOCKET, R.I., July 8, 2020 /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 August 3, 2020, to holders of record on July 23, 2020.

About CVS Health

CVS Health employees are united around a common goal of becoming the most consumer-centric health company in the world. We're evolving based on changing consumer needs and meeting people where they are, whether that's in the community at one of our nearly 10,000 local touchpoints, in the home, or in the palm of their hand. Our newest offerings – from HealthHUB® locations that are redefining what a pharmacy can be, to innovative programs that help manage chronic conditions - are designed to create a higher-quality, simpler and more affordable experience. Learn more about how we're transforming health at http://www.cvshealth.com.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/cvs-health-corporation-announces-quarterly-dividend-301090224.html

SOURCE CVS Health Corporation

FAQ

What is the CVS Health dividend amount for August 2020?

CVS Health announced a quarterly dividend of $0.50 per share.

When is the CVS Health dividend payment date?

The dividend is payable on August 3, 2020.

What is the record date for the CVS Health dividend?

The record date for the dividend is July 23, 2020.

How often does CVS Health pay dividends?

CVS Health pays dividends quarterly.

Is the CVS Health dividend sustainable?

The sustainability of CVS Health's dividend can be inferred from its commitment to providing shareholder value and its evolving health initiatives.