McKesson hikes dividend by 14.9%

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.