Get all your news in one place.
100's of premium titles.
One app.
Start reading
StockNews.com
StockNews.com
Business
Anushka Dutta

1 Medical Stock to Check out if You Like Passive Income

Healthcare service provider McKesson Corporation (MCK) has returned $1.60 billion of cash to shareholders in the first six months of the fiscal year. This included $1.50 billion of common stock repurchases and $139 million in dividend payments.

Moreover, on October 27, MCK declared a regular dividend of 54 cents per share of common stock, payable on January 3, 2023. Its annual dividend of $2.16 yields 0.55% on the current share price. It has a four-year average yield of 0.95%.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.