Company: CVS Health Corp. (CVS)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company’s recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines. -Morningstar.com-
Symbol: CVS
Recent Price: $58.12
Dividends: $2.66
Yield: 4.58%
Sector: Healthcare
Industry: Healthcare Plans
Address & Company Phone #: 1 CVS Drive Woonsocket RI 02895, 401-765-1500
Transfer Agent: Equiniti Group plc. 877-287-7526
Moody’s Rating: Baa2
Minimum & Maximum Investment: $100 – $250,000/year
Investment Dates: Every 7 days beginning varies
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $2.50+6¢/sh. Cert: $7.50 Sells: by Mail or Phone for $15+12¢/sh.
52 Week High & Low: $83.25, $52.77