Dividend Track Records

The Board of Directors of McKesson Corporation (NYSE:MCK) declared on July 22, 2022 a regular dividend of $0.54 per share of common stock, a 15% increase from $0.47 per share in the prior quarter. The dividend will be payable on October 3, 2022, to stockholders of record on September 1, 2022. “This dividend increase demonstrates our continued commitment to returning capital to shareholders as part of our disciplined capital allocation framework,” said Brian Tyler, chief executive officer. “It exemplifies the strength of our consistent cash flow generation and reflects our confidence in the long-term trajectory of the business.” McKesson has increased its dividend for six consecutive years.

McKesson Corporation (MCK) will raise its quarterly dividend by 11.9 percent to 47 cents in 2021. This comes after a 2.4 percent hike to 42 cents per share wsa announced in 2020. This also marks the 14th consecutive year of dividend increases for the healthcare company. The next dividend will be payable on October 1, 2021, to stockholders of record on September 1, 2021. A new annual dividend rate of $1.88 per share yields 0.9% at a stock price of $202. McKesson Corporation is a healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care company. McKesson partners with life sciences companies, manufacturers, providers, pharmacies, governments and other healthcare organizations to help provide medicines, medical products and healthcare service. The company has three reportable segments: U.S. Pharmaceutical and Specialty Solutions, European Pharmaceutical Solutions and Medical-Surgical Solutions. McKesson Corporation has paid a dividend every year ...