Want $1,000 in Dividend Income? Here's How Much You'd Have to Invest in CVS Stock.
CVS Health (NYSE: CVS) is one of the most influential healthcare companies in the country.
It operates the nation's largest pharmacy chain, a massive pharmacy benefit management business, and the health insurer Aetna, which covers 26 million people. But the stock has been losing ground lately, and shares plunged again after CVS delivered its first-quarter report, which showed rising medical costs from patients covered by its Medicare Advantage plans cutting into its profits. That, in combination with other headwinds, led management to cut guidance for the year.
Despite its recent struggles, CVS has long been a reliable source of profits and dividends for investors.
Source Fool.com
