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Using the company, CVS Pharmacy Store. Use the
annual report and other sources such as a 10k or 10q’s, discuss the dividend
policy of your company.
Answer the following questions as part of your response:
•How would you describe your chosen company’s dividend policy?
•Why do you believe this company chose the dividend policy they have in place?
•Do you agree or disagree that they have selected the best dividend policy for
the company?
•How might this dividend policy function in both perfect and imperfect capital
markets?
•Calculate the dividend rate over the past 5 years. Define why you believe that
it has or has not changed over the last 5 years.
