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Is CVS Health's High-Yield Dividend in Danger of Being Cut?
CVSCVS Health(CVS) The Motley Fool·2024-05-15 08:57

Is this still a safe dividend stock you can buy and hold for the long haul?Shares of CVS Health (CVS -0.83%) have been under pressure this month after the healthcare giant reported uninspiring quarterly results. It also reduced its guidance for the year. With the company facing higher costs and headwinds due to macroeconomic conditions, investors have grown wary of the stock, and its dividend as well. Now yielding around 4.8% per year, is CVS Health's dividend too high and due for a cut?Can CVS Health affor ...