Looking at the universe of stocks we cover at Dividend Channel, on 1/20/17, CVS Health Corporation (NYSE: CVS) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 2/2/17. As a percentage of CVS's recent stock price of $83.84, this dividend works out to approximately 0.60%, so look for shares of CVS Health Corporation to trade 0.60% lower — all else being equal — when CVS shares open for trading on 1/20/17.
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Below is a dividend history chart for CVS, showing historical dividends prior to the most recent $0.50 declared by CVS Health Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVS is likely to continue, and whether the current estimated yield of 2.39% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of CVS shares, versus its 200 day moving average:
Looking at the chart above, CVS's low point in its 52 week range is $69.30 per share, with $106.67 as the 52 week high point — that compares with a last trade of $83.61.
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According to the ETF Finder at ETFChannel.com, CVS makes up 5.85% of the PowerShares Dynamic Retail Portfolio ETF (AMEX: PMR) which is trading relatively unchanged on the day Wednesday.
In Wednesday trading, CVS Health Corporation shares are currently down about 0.1% on the day.
