CVS Caremark Corp. (CVS) Has Risen To A New High After Dividend Increase
(RTTNews.com) - CVS Caremark Corp. (CVS) announced Wednesday morning that it expects to report full year 2014 adjusted EPS of $4.36 to $4.50. The consensus estimate is for EPS of $4.47.
The company also announced that its board has approved an increase in its quarterly dividend of approximately 22%, to $0.275 per share.
CVS Caremark has been rising steadily since the open Wednesday and is now up 1.68 at $68.49. The stock has climbed above nearly a 1-month range and has set a new high for the year.
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