CVS Caremark hikes dividend by 22.2% Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
CVS Health As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
CVS Health As of October 10, 2023	CVS	$2.42	0.0%	10.0%	10.0%
Health Care Services	3.4%	2	3.9%	Quarter	1985

CVS Caremark hikes dividend by 22.2%

Wednesday 18 December 2013

Pharmacy chain CVS Caremark (CVS) will raise its dividend by double digits again.

The quarterly dividend will be increased from $0.225 to $0.275 per share. CVS has raised its dividend significantly the last couple of years, with 38%, 30% and 43% hikes in the previous three years.

CVS Caremark Corporation, together with its subsidiaries, is the largest integrated pharmacy health care provider in the United States. The company has three reportable segments: Pharmacy Services, Retail Pharmacy and Corporate. The Pharmacy Services business provides a full range of PBM services, including mail order and specialty pharmacy services. The Retail Pharmacy Segment sells prescription drugs and a wide assortment of general merchandise including food and cosmetics through the company's retail stores.

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