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CVS Raises Qtr. Dividend from $0.1625 to $0.225/Share

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CVS Caremark (NYSE: CVS) announced that its board of directors has approved an increase in its quarterly dividend of approximately 38%, to $0.225 per share on the common stock of the company, payable February 4, 2013, to holders of record on January 24, 2013. This increase translates into an annual rate of 90 cents per share, up 25 cents per share from the previous annual rate of 65 cents.

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