CVS expects 2014 earnings to rise, lifts dividend

Wednesday, 18 Dec 2013 | 7:39 AM ET

Dec 18 (Reuters) - CVS Caremark Corp said on Wednesday that it expected adjusted earnings to rise to a range of $4.36 to $4.50 per share in 2014.

The drugstore operator and pharmacy benefits manager said its board had approved a 22 percent increase in the quarterly dividend, bringing it up to 27.5 cents per share. The board also approved a new $6 billion share buyback program.

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