Diplomat Pharmacy Inc
CVS Health is targeting a payout ratio of 35% by 2018. Dividend per share would come in at $2.13 in 2018, according to the company’s guidance CAGR of 18% from 2014–2018.
CVS is the largest specialty pharmacy in the United States. Specialty sales came in at $31 billion in 2014 and are expected to rise to $37 billion this year.
CVS Health’s (CVS) profitability is falling. Its gross margins have been on the decline, partly due to a shift in the sales mix in its Pharmacy Services segment.
CVS Health posted a strong financial performance in 1Q15. Adjusted EPS in 1Q15 grew 12.2% year-over-year to $1.14. CVS came in ahead of its own guidance by a long margin.
CVS Health is the largest drug retailer in the US in terms of revenue and market cap. The company posted almost $139.4 billion in sales in 2014.