Today I grabbed 5 shares of CVS for $59.80 per share. CVS has a solid yield of 3.32 percent. It's payout ratio is just 27.66 percent and holds a solid three year dividend growth rate of 17.65 percent. Morningstar current gives CVS a 5 star rating. Morgan Stanley rates it as overweight with a one-year price target of $77. Having a chance to grab shares at under $60 felt right in this overpriced market.