CVS Health Dividend Remains Steady at $0.55 per Share

Trending News ☀️

CVS($NYSE:CVS) Health has announced that its quarterly dividend will remain at $0.55 per share. This is in line with the company’s previous dividend payout. The company’s dividend payout is one of the most reliable and steady in the healthcare sector.

Dividends

CVS Health is a healthcare company that operates pharmacies, retail clinics, and prescription benefit management services. For the second quarter of fiscal year 2022, CVS Health has declared a dividend per share of $0.55. The company’s dividend yields from 2020 to 2022 are 3.1%, 2.59%, and 2.29%.

CVS Health’s three-year average dividend yield is 2.66%. If you are looking for dividend stocks, CVS Health could be a good option.

Price History

On Thursday, CVS Health stock opened at $99.8 and closed at $99.8, up by 0.1% from prior closing price of $99.8. CVS Health is a healthcare company that owns and operates pharmacies, retail clinics, and healthcare services. The company has been in the news recently for its decision to stop selling cigarettes and tobacco products in its stores.

VI Analysis

CVS Health Corporation is a pharmacy and healthcare company that operates in the United States. The company’s fundamentals reflect its long term potential. Based on the VI Star Chart, CVS Health is strong in dividend, growth, and medium in profitability.

However, the company is weak in asset. CVS Health has an intermediate health score of 6/10 with regard to its cashflows and debt. This means that the company might be able to safely ride out any crisis without the risk of bankruptcy. CVS Health is classified as a “cheetah” company. Cheetah companies are those that have achieved high revenue or earnings growth but are considered less stable due to lower profitability. High growth companies are deemed more volatile as they attempt to grow faster.

Summary

The company offers a wide range of products and services, including pharmacy, retail, and specialty pharmacy. CVS Health has a long history of paying dividends to shareholders. The company has increased its dividend for 10 consecutive years and currently pays a dividend of $0.55 per share. CVS Health is a large and stable company with a long history of paying dividends to shareholders.

The company has increased its dividend for 10 consecutive years and currently pays a dividend of $0.55 per share. The company’s size and stability make it a good investment for income investors looking for a steady stream of dividend payments.