CVS Caremark (CVS) Raises Quarterly Dividend 30% to $0.1625; 1.8% Yield

CVS Caremark (NYSE: CVS) declared a quarterly dividend of $0.1625 per share, or $0.65 annualized. This is a 30% increase from the prior dividend of $0.125.

The dividend will be payable on February 2, 2012, to stockholders of record on January 23, 2012, with an ex-dividend date of January 19, 2012.

The annual yield on the dividend is 1.8 percent.

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