McKesson Raises Quarterly Dividend by 12% to $0.47 Per Share

Rhea-AI Summary

The Board of Directors of McKesson Corporation (NYSE:MCK) declared a regular dividend of $0.47 per share on July 23, 2021, marking a 12% increase from the previous quarter's $0.42. This dividend will be payable on October 1, 2021 to stockholders on record as of September 1, 2021. McKesson is recognized as a leader in healthcare supply chain management and has received accolades such as being a 'Most Admired Company' in the healthcare wholesaler category by FORTUNE.

Positive

• Declared a dividend increase of 12% to $0.47 per share.
• Continuing commitment to shareholder returns through regular dividends.

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• None.

The Board of Directors of McKesson Corporation (NYSE:MCK) declared on July 23, 2021 a regular dividend of $0.47 per share of common stock, a 12% increase from $0.42 per share in the prior quarter. The dividend will be payable on October 1, 2021, to stockholders of record on September 1, 2021.

About McKesson Corporation

McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions. McKesson partners with pharmaceutical manufacturers, providers, pharmacies, governments and other organizations in healthcare to help provide the right medicines, medical products and healthcare services to the right patients at the right time, safely and cost-effectively. United by our ICARE shared principles, our employees work every day to innovate and deliver opportunities that make our customers and partners more successful – all for the better health of patients. McKesson has been named a “Most Admired Company” in the healthcare wholesaler category by FORTUNE, a “Best Place to Work” by the Human Rights Campaign Foundation, and a top military-friendly company by Military Friendly. For more information, visit www.mckesson.com.

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FAQ

What is the dividend amount declared by McKesson in July 2021?

McKesson declared a dividend of $0.47 per share.

When will McKesson's dividend be payable?

The dividend will be payable on October 1, 2021.

What was the previous dividend amount before the increase?

The previous dividend amount was $0.42 per share.

What is the record date for McKesson's dividend?

The record date for the dividend is September 1, 2021.

How much did McKesson increase its dividend by?

McKesson increased its dividend by 12%.