CVS Group plc, together with its subsidiaries, engages in veterinary, pet crematoria, online pharmacy, and retail businesses. The company operates through four segments: Veterinary Practices, Laboratories, Crematoria, and Online Retail. It operates animal veterinary practices and complementary veterinary diagnostic businesses. The company also provides pet cremation and clinical waste services for veterinary practices. In addition, it operates Animed Direct, an online retail business that sells prescription and non-prescription medicines, pet foods, and other pet care products; and an online dispensary. Further, the company provides burial grounds; veterinary instrumentation supply; and property development services. It owns 472 veterinary practices, 3 laboratories, and 7 crematoria in the United Kingdom, the Netherlands, and the Republic of Ireland. CVS Group plc was founded in 1999 and is headquartered in Diss, the United Kingdom.
CVS Dividend Announcement
• CVS announced a annually dividend of $0.08 per ordinary share which will be made payable on 2024-11-29. Ex dividend date: 2024-10-31
• CVS annual dividend for 2024 was $0.08
• CVS annual dividend for 2023 was $0.07
• CVS's trailing twelve-month (TTM) dividend yield is 0.85%
• CVS's payout ratio for the trailing twelve months (TTM) is 15.25%
CVS Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.08 | annually | 2024-11-29 |
2023-11-02 | $0.07 | annually | 2023-12-08 |
2022-11-17 | $0.07 | annually | 2022-12-02 |
2021-11-18 | $0.07 | annually | 2021-12-03 |
2019-11-21 | $0.06 | annually | 2019-12-06 |
2018-11-23 | $0.05 | annually | 2018-12-07 |
CVS Dividend per year
CVS Dividend growth
CVS Dividend Yield
CVS current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing CVS stock? Use our calculator to estimate your expected dividend yield:
CVS Financial Ratios
CVS Dividend FAQ
Other factors to consider when evaluating CVS as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: CVS's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, CVS publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, CVS distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from CVS are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: CVS sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, CVS distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: CVS declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of CVS's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review CVS's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.