Business & Finance
CVS Health's board approves USD0.50 per share dividend
3 March 2017 -

The board of directors of pharmacy company CVS Health Corporation (NYSE:CVS) on Thursday declared a quarterly dividend of USD0.50 per share on the company's common stock.

Shareholders of record as of 21 April 2017 will receive the dividend on 1 May 2017.

CVS Health has 9,700 retail locations, 1,100 walk-in medical clinics, a pharmacy benefits manager, a dedicated senior pharmacy care business and provides specialty pharmacy services.

In addition, the company said it enables people, businesses and communities to manage health in more affordable and effective ways and its unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs.

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