By Colin Kellaher

 

CVS Health's board had raised the healthcare-services giant quarterly dividend by 10%, to 66.5 cents from 60.5 cents.

The new payout, equal to $2.66 a year, represents an annual yield of about 3.88% based on Monday's closing price of $68.48, up from about 3.53%.

The Woonsocket, R.I., company on Tuesday said the increased dividend is payable Feb. 1 to shareholders of record Jan. 22.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

December 05, 2023 06:56 ET (11:56 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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