Cencora Lifts Quarterly Dividend by 10 Percent

The revised dividend amounts to an annual payment of $2.64, translating to an annual yield of approximately 0.77%. This marks a modest rise from the prior 0.7% yield. Shareholders on record as of November 13 will receive the new distribution when it becomes payable on November 30.

Headquartered in Conshohocken, Cencora continues to balance its growth strategies with these periodic returns to investors. The company’s decision to lift the payout follows a steady performance period, positioning the stock with a higher yield for those holding shares heading into the final month of the year.