CVS Caremark (CVS), together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company raised dividends by 22.20% to 27.50 cents per share. This marked the 11th consecutive dividend increase for this dividend achiever.
Over the past decade, CVS has raised dividends by 18.80% per year. Currently the stock trades at 17.70 times estimated 2013 earnings and yields 1.60%. While the stock is below my minimum entry yield requirement, I would continue monitoring future developments at CVS.