McKesson Corporation (NYSE:MCK) boosted its quarterly dividend 15% to $0.94 (annualized $3.76) payable Oct. 1 to Sept. 1 record holders while Citigroup reiterated a Buy and lifted its price target to $1,000 from $945, signaling stronger valuation momentum despite a modest implied yield near 0.45%.
Previous Week Recap
- McKesson Corporation Dividend Increase: McKesson (MCK) raised its quarterly dividend 15% to $0.94, annualized $3.76, payable Oct 1, 2026 to holders of record Sept 1, 2026; implied yield ~0.45% on $828.84 close.
- Citigroup Raises McKesson Target: Citigroup kept McKesson (MCK) Buy and raised its price target to $1,000 from $945, signaling higher valuation—no other actions, figures, or timelines disclosed.
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