The Miami Entrepreneur

CVS Health board raises quarterly dividend by 10% to 60.5 cents

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CVS Health said Thursday its board has approved a 10% increase in its quarterly dividend to 60.5 cents a share. The new dividend will be payable Feb. 1 to shareholders of record as of Jan. 20. Shares were down 1% premarket, but are down 2.4% in the year through Wednesday’s close, while the S&P 500 has fallen 16%.

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