Sustaining Growth Momentum: Quest Diagnostics Continues to Excel and Reports Rising Profits
Portfolio Pulse from Benzinga Insights
Quest Diagnostics (NYSE:DGX) will distribute a dividend of $0.71 per share on July 25, 2023, with an annualized dividend yield of 2.15%. The company has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022. CVS Health (NYSE:CVS) leads the industry with the highest annualized dividend yield at 3.19%.
July 25, 2023 | 3:05 pm
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POSITIVE IMPACT
CVS Health leads the industry with the highest annualized dividend yield at 3.19%.
CVS Health's high annualized dividend yield compared to its peers, including Quest Diagnostics, indicates a strong dividend payout capacity, making it attractive to income-seeking investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Quest Diagnostics has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022, indicating a strong financial health and potential for higher cash dividend payouts in the future.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Quest Diagnostics indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100