CVS Health Announces $0.665 Dividend, Maintains Previous Rate

CVS Health has declared a quarterly dividend of $0.665 per share, in line with previous declarations. The dividend is payable on August 1 for shareholders of record on July 22, with an ex-dividend date of July 22. This information is available on the CVS Dividend Scorecard, Yield Chart, and Dividend Growth.

CVS Health Corporation (NYSE: CVS) has announced that its board of directors has approved a quarterly dividend of $0.665 per share on the Common Stock of the Corporation. The dividend is payable on August 1, 2025, to shareholders of record as of July 22, 2025. This announcement follows a consistent pattern of dividend declarations by the company, with the most recent quarterly payment of $0.6650 per share made on Thursday, May 1, 2025 [3].

CVS Health operates a vast network of retail pharmacy locations and healthcare clinics, with annual revenue exceeding $376.74 billion and a market capitalization of $84.63 billion. The company's pharmacy benefit manager (PBM) unit serves approximately 88 million plan members, and its healthcare services reach over 37 million people through various insurance products. Despite recent regulatory challenges, such as a $95 million penalty for overcharging Medicare, CVS Health continues to invest in community initiatives, including job training programs and affordable housing [2].

The dividend declaration aligns with the company's ongoing financial operations and shareholder return program. CVS Health's dividend yield stands at 3.88%, with the company paying out 63.48% of its earnings and 29.12% of its cash flow as dividends. Over the past four years, CVS Health has maintained a consistent dividend payout ratio, indicating a sustainable dividend policy [3].

Investors should monitor the company's dividend history and track record of dividend growth to assess its future potential. CVS Health's dividend payout ratio is at a healthy level, below 75% of its earnings, suggesting a sustainable dividend policy. The company's recent dividend increases and stable yield provide investors with a reliable income stream [3].

In summary, CVS Health's latest dividend declaration of $0.665 per share is in line with its previous declarations and reflects the company's commitment to shareholder returns. Investors should consider this announcement in the context of the company's overall financial health and market position.

References:
[1] https://www.marketscreener.com/quote/stock/CVS-HEALTH-CORPORATION-12230/news/Cvs-Health-Announces-A-Quarterly-Dividend-Payable-on-August-1-2025-50448582/
[2] https://uk.investing.com/news/company-news/cvs-health-declares-quarterly-dividend-of-0665-per-share-93CH-4159392
[3] https://www.marketbeat.com/stocks/NYSE/CVS/dividend/