CVS Health Corporation (CVS) To Go Ex-Dividend on April 23rd

CVS Health Corporation (NYSE:CVS) declared a quarterly dividend on Wednesday, March 18th. Investors of record on Thursday, April 23rd will be given a dividend of 0.665 per share by the pharmacy operator on Monday, May 4th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, April 23rd.

CVS Health has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 4 years. CVS Health has a dividend payout ratio of 37.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect CVS Health to earn $8.16 per share next year, which means the company should continue to be able to cover its $2.66 annual dividend with an expected future payout ratio of 32.6%.

CVS Health Stock Down 1.0%

CVS opened at $76.52 on Tuesday. CVS Health has a twelve month low of $58.35 and a twelve month high of $85.15. The company has a quick ratio of 0.63, a current ratio of 0.84 and a debt-to-equity ratio of 0.80. The company has a 50-day moving average price of $75.99 and a 200 day moving average price of $77.85. The company has a market cap of $98.07 billion, a PE ratio of 55.45, a price-to-earnings-growth ratio of 0.81 and a beta of 0.51.

CVS Health (NYSE:CVS) last released its quarterly earnings results on Tuesday, February 10th. The pharmacy operator reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.09. CVS Health had a net margin of 0.44% and a return on equity of 11.31%. The firm had revenue of $105.69 billion during the quarter, compared to the consensus estimate of $103.67 billion. During the same quarter in the prior year, the firm earned $1.19 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. CVS Health has set its FY 2026 guidance at 5.940-6.140 EPS. Sell-side analysts expect that CVS Health will post 7.14 earnings per share for the current fiscal year.

About CVS Health

CVS Health Corporation is a diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services and health care solutions. Headquartered in Woonsocket, Rhode Island, the company traces its roots to the early 1960s and has grown into an integrated provider of prescription drugs, over‑the‑counter products, clinical services and health insurance offerings. Its operating model combines retail pharmacy locations and in‑store clinics with broader pharmacy and health plan capabilities.

Key business activities include CVS Pharmacy retail operations, MinuteClinic walk‑in medical clinics and HealthHUB locations that offer expanded clinical services.