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Cencora (NYSE:COR) Could Be A Buy For Its Upcoming Dividend
Cencora (NYSE:COR) is set to trade ex-dividend soon, offering a US$0.60 per share dividend with a trailing yield of 0.9%. The company exhibits strong financial health with a low payout ratio of 18% of profits and 29% of free cash flow, indicating sustainability. Cencora has also shown impressive earnings growth of 31% per annum over the past five years, making it an attractive prospect for dividend investors looking for both growth and consistent payouts.