CVS (CVS) Reaffirms FY11 Guidance, Offers FY12 Outlook; Boosts Qtr. Dividend to $0.1625/Share

December 20, 2011 7:46 AM EST
CVS (NYSE: CVS) reaffirms its FY11 outlook.

Sees FY12 adj-EPS $3.15-$3.25, vs. the consensus of $3.21. Sees free cash flow $4.3-$4.6 billion.

The company also raised its quarterly dividend 30 percent from $0.125 to $0.1625 per share. The dividend now yields 1.78 percent.


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