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CVS Caremark discusses growth at annual stockholders meeting
Woonsocket, R.I. -- CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.
According to president and CEO Larry Merlo, the company is well-positioned for growth in an evolving healthcare market.
Merlo made note in the meeting of Walgreens’ battle with Express Scripts, which has created opportunity for CVS to pick up significant prescription business.
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Costco's board OKs increase in quarterly dividend
ISSAQUAH, Wash. — Costco announced that its board of directors declared a quarterly cash dividend on Costco common stock and approved an increase from 24 cents to 27.5 cents per share, or from 96 cents per share to $1.10 per share on an annualized basis.
The quarterly dividend is payable June 8 to shareholders of record at the close of business on May 25.
Costco plans to release its operating results for the third quarter, ended May 6, on May 24.