CVS increase its quarterly dividend by 38%,
to 22.5 cents a share, payable Feb. 4 to holders of record as of Jan. 24. The increase translates into an annual rate of 90 cents a share, up from the previous annual rate of 65 cents. It's expecting 2013 adjusted earnings of $3.84 to $3.98 a share for the year, compared to the Wall Street estimate of $3.79 a share. CVS also said it plans to buy back $4 billion in stock in 2013 as part of a share repurchase program announced in September.