1.31% Oct 24, 08:04 PM
$1.10 Paid Quarterly
24.7% EPS $4.46
6 years Since 2008
No Ex-Dividend Dates
Have Been Scheduled

CVS - Upcoming Dividend Payouts
Next Ex-Dividend Date None

Amount Declare Date Ex-Dividend Date ▲ Record Date Pay Date Payout Type
$0.2750 2014-09-24 2014-10-21 2014-10-23 2014-11-03 Regular
Date has passed
Next Ex-Dividend Date
Next Pay Date
CVS has not yet officially announced its next dividend payout.

CVS - Dividend Yield & Stock Price History
Current Dividend Yield 1.31%

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CVS - Dividend Payout History
Current Annual Payout $1.10

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Dividend payouts are split-adjusted

CVS - Dividend Growth History

Annualized Growth
1994-2012
Annualized Growth
1994-2004
Annualized Growth
2004-2008
Annualized Growth
2008-2012
Annualized Growth
Last 5 Yrs
Annualized Growth
Last 3 Yrs
Annual
Growth
2012
Consecutive
Years of
Increases
Reveal Dividend Growth History for CVS. 37.0% 38.5% 6 years
Annual dividend amounts based on Ex-dividend date

CVS - Historical Annual Dividend Data & Growth
Payouts Increasing For 6 years

Payout Amount Calendar Year Annual Growth
$0.9000 2013 38.5%
$0.6500 2012 30.0%

CVS - Historical Dividend Data
Payouts Increasing For 6 years

Payout Amount Declared Date Ex-Dividend Date Record Date Pay Date ▼ Qualified Dividend? Payout Type Frequency
$0.2750 2014-09-24 2014-10-21 2014-10-23 2014-11-03 Yes Regular Quarter
$0.2750 2014-07-10 2014-07-17 2014-07-21 2014-08-01 Yes Regular Quarter
$0.2750 2014-03-06 2014-04-17 2014-04-22 2014-05-02 Yes Regular Quarter
$0.2750 2013-12-18 2014-01-21 2014-01-23 2014-02-03 Yes Regular Quarter
$0.2250 2013-09-25 2013-10-17 2013-10-21 2013-11-01 Yes Regular Quarter

CVS Caremark Corporation (CVS) - News

  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • Before Tuesday's opening bell, CVS Caremark Corporation (CVS) released its second quarter financial results, which came in higher than last...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • After the closing bell on Monday, CVS Caremark Corporation (CVS) announced that it will acquire the assets of Navarro Discount...
  • Before Friday's opening bell, CVS Caremark Corporation (CVS) reported higher first quarter financial results, but missed analysts' earnings...
  • Ex-dividend dates are very important to dividend investors, since you must purchase a stock prior to its ex-dividend date in order to receive its...
  • CVS Caremark Corporation Q4 Profits Rise; Issues Outlook Above Estimates (CVS)

    Shares of CVS Caremark Corporation (CVS) were up on Tuesday morning after the company reported earnings and guidance above estimates. CVS Earnings in Brief
    • CVS reported Q4 earnings of $1.27 billion, or $1.05 per share, up from $1.13 billion, or 90 cents per share, a year ago.
    • Excluding special items, earnings were $1.12 per share, up from 96 cents per share last year and above analysts' estimate of $1.11 per share.
    • Revenue rose to $32.83 billion from $31.40 billion last year. Analysts expected to see revenue of $32.67 billion.
    • Looking forward, the company expects to see Q1 earnings between $1.03 and $1.06 per share, while analysts are expecting EPS of 98 cents.
    • For FY2014, CVS is expecting earnings between $4.36 and $4.50 per share. On average, analysts expect to see earnings of $4.47 per share.
    CEO Commentary

    President and CEO Larry Merlo commented: "I am very pleased with our fourth quarter results, which came in at the high end of our expectations and helped produce a record year. As expected, the quarter was somewhat atypical, largely due to the timing of Medicare Part D profits within the PBM and the timing of break-open generics across the enterprise. Overall, the year 2013 produced strong growth in revenues, gross margin, operating margin and earnings across the enterprise."

    CVS Dividend CVS paid its last quarterly dividend of 27.5 cents on February 3. This dividend was a 22% increase from the stocks prior dividend. We expect the company to announce its next dividend in March. Stock Performance  CVS shares were up $1.05, or 1.57%, during pre-market trading Tuesday. The stock is down 6% YTD.

    The Bottom Line

    Shares of CVS Caremark Corporation (CVS) have a 1.64% yield based on Monday's closing price of $66.94. CVS Caremark Corporation (CVS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • CVS Caremark Corporation Will Stop Selling Tobacco Products by October 1 (CVS)

    Pharmacy and convenience store operator CVS Caremark Corporation (CVS) announced on Wednesday that it will cease to sell cigarettes and other tobacco products by October of this year. CVS Caremark is the second largest pharmacy chain in the U.S. and will stop selling all tobacco products at more than 7,600 CVS stores. Larry J. Merlo, CVS CEO and president, gave the following reasons for the company's decision: "Ending the sale of cigarettes and tobacco products at CVS/pharmacy is the right thing for us to do for our customers and our company to help people on their path to better health. Put simply, the sale of tobacco products is inconsistent with our purpose." CVS Caremark is the first national pharmacy chain to make this move. Cigarette makers are on watch this morning following the company's announcement. CVS stock was down $1.65, or 2.5%, in pre-market trading. YTD, the company's stock is down 6.09%.

    The Bottom Line

    Shares of CVS Caremark Corporation (CVS) have a yield of 1.66% based on Tuesday's closing price of $66.11 and the company's annualized payout of $1.10. CVS Caremark Corporation (CVS)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

  • These were some of the biggest dividend stock performers on the upside and the downside in today's market action. Highlights DR Horton (DHI) ...
  • CVS Caremark Corporation Raises Dividend; Announces Buyback; Gives FY14 Guidance (CVS)

    At CVS Caremark Corporation's (CVS) annual analyst day, the company reaffirmed its 2013 guidance and gave guidance for full year 2014, and also announced a 22% dividend raise and a stock repurchase program. Dividend Raise CVS will now be a quarterly dividend of 27.5 cents, which is up from its previous payout of 22.5 cents. The company's dividend is payable on February 3, 2014 to all shareholders on record as of January 23, 2014. Stock Buyback CVS Caremark's board of directors also approved up to $6 billion in share repurchases of the company's common stock. The repurchase plan will be completed over a multi-year period and allows the company to make repurchases from time to time through "open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions." Guidance Dave Denton, CVS Caremark's executive vice president and CFO, reaffirmed CVS's views for 2013 and gave guidance for FY2014. For FY2014 the company expects EPS from continuing operations in the range of $4.36 to $4.50, and expects GAAP diluted EPS to fall in the range of $4.09 to $4.23. Stock Performance CVS stock was inactive in pre-market trading. YTD, the company's stock is up 34.48%.

    The Bottom Line

    Shares of CVS Caremark Corporation (CVS) have a yield of 1.6% based on Tuesday's closing price of $66.81 and the company's annualized payout of $1.10 CVS Caremark Corporation (CVS)  is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

    Expand to read the full story »

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