Cencora Raises Quarterly Dividend 10% to $0.66 Per Share

Cencora declared a 10% increase in its quarterly dividend to $0.66 per common share as the pharmaceutical solutions company posted higher revenue and adjusted earnings for its fiscal fourth quarter.

The new dividend is up from $0.60 per share. Payment is scheduled for Nov. 30 to shareholders of record at the close of business Nov. 13. Cencora declared the dividend Nov. 3.

For the quarter ended Sept. 30, revenue reached $88.4 billion, up 5.5% from a year earlier. Adjusted diluted earnings per share climbed 21.4% to $4.66.