This morning, CVS Caremark (NYSE:CVS) declared its quarterly dividend of 27.5 cents per share, an increase of about 22% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.6% going forward. Shares of CVS were higher on the news, picking up 2.1% so far.
In other dividend news, Apollo Residential Mortgage (NYSE:AMTG) maintained its quarterly dividend of 40 cents per share. Steel Dynamics (NASDAQ:STLD) maintained its quarterly dividend of 11 cents per share. First of Long Island (NASDAQ:FLIC) maintained its quarterly dividend of 26 cents per share. And Vanguard Natural Resources (NASDAQ:VNR) maintained its monthly distribution of 20.75 cents per share.
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