Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as provides pharmacy management services to hospitals. The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.
Cardinal Health Dividend Announcement
• Cardinal Health announced a quarterly dividend of $0.51 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2025-01-02
• Cardinal Health's trailing twelve-month (TTM) dividend yield is 1.67%
• Cardinal Health's payout ratio for the trailing twelve months (TTM) is 39.27%
Cardinal Health Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-01-02 | $0.51 | quarterly | 2025-01-15 |
| 2024-10-01 | $0.51 | quarterly | 2024-10-15 |
| 2024-07-01 | $0.51 | quarterly | 2024-07-15 |
| 2024-03-28 | $0.50 | quarterly | 2024-04-15 |
| 2023-12-29 | $0.50 | quarterly | 2024-01-15 |
| 2023-10-02 | $0.50 | quarterly | 2023-10-15 |
| 2023-06-30 | $0.50 | quarterly | 2023-07-15 |
| 2023-03-31 | $0.50 | quarterly | 2023-04-15 |
| 2022-12-30 | $0.50 | quarterly | 2023-01-15 |
| 2022-09-30 | $0.50 | quarterly | 2022-10-15 |
| 2022-06-30 | $0.50 | quarterly | 2022-07-15 |
| 2022-03-31 | $0.49 | quarterly | 2022-04-15 |
| 2021-12-31 | $0.49 | quarterly | 2022-01-15 |
| 2021-09-30 | $0.49 | quarterly | 2021-10-15 |
| 2021-06-30 | $0.49 | quarterly | 2021-07-15 |
| 2021-03-31 | $0.49 | quarterly | 2021-04-15 |
| 2020-12-31 | $0.49 | quarterly | 2021-01-15 |
| 2020-09-30 | $0.49 | quarterly | 2020-10-15 |
| 2020-06-30 | $0.49 | quarterly | 2020-07-15 |
| 2020-03-31 | $0.48 | quarterly | 2020-04-15 |
| 2019-12-31 | $0.48 | quarterly | 2020-01-15 |
| 2019-09-30 | $0.48 | quarterly | 2019-10-15 |
| 2019-06-28 | $0.48 | quarterly | 2019-07-15 |
| 2019-03-29 | $0.48 | quarterly | 2019-04-15 |
| 2018-12-31 | $0.48 | quarterly | 2019-01-15 |
| 2018-09-28 | $0.48 | quarterly | 2018-10-15 |
| 2018-06-29 | $0.48 | quarterly | 2018-07-15 |
| 2018-03-29 | $0.46 | quarterly | 2018-04-15 |
| 2017-12-29 | $0.46 | quarterly | 2018-01-15 |
| 2017-09-29 | $0.46 | quarterly | 2017-10-15 |
| 2017-06-29 | $0.46 | quarterly | 2017-07-15 |
| 2017-03-30 | $0.45 | quarterly | 2017-04-15 |
| 2016-12-29 | $0.45 | quarterly | 2017-01-15 |
| 2016-09-29 | $0.45 | quarterly | 2016-10-15 |
| 2016-06-29 | $0.45 | quarterly | 2016-07-15 |
| 2016-03-30 | $0.39 | quarterly | 2016-04-15 |
| 2015-12-30 | $0.39 | quarterly | 2016-01-15 |
| 2015-09-29 | $0.39 | quarterly | 2015-10-15 |
| 2015-06-29 | $0.39 | quarterly | 2015-07-15 |
| 2015-03-30 | $0.34 | quarterly | 2015-04-15 |
| 2014-12-30 | $0.34 | quarterly | 2015-01-15 |
| 2014-09-29 | $0.34 | quarterly | 2014-10-15 |
| 2014-06-27 | $0.34 | quarterly | 2014-07-15 |
| 2014-03-28 | $0.30 | quarterly | 2014-04-15 |
Cardinal Health Dividend per year
Cardinal Health Dividend growth
Cardinal Health Dividend Yield
Cardinal Health current trailing twelve-month (TTM) dividend yield is 1.67%. Interested in purchasing Cardinal Health stock? Use our calculator to estimate your expected dividend yield:
Cardinal Health Financial Ratios
P/E ratio23.17
PEG ratio7.78
P/B ratio-8.93
ROE-38.26%
Payout ratio39.27%
Current ratio0.95
Quick ratio0.50
Cash Ratio0.08
Cardinal Health Dividend FAQ
How much is the next Cardinal Health dividend?
Cardinal Health's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Cardinal Health dividend. The next Cardinal Health dividend will be released in March, July, or October.
When is Cardinal Health dividend paid?
Cardinal Health pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Cardinal Health pay?
The specific amount of Cardinal Health dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cardinal Health's dividend history.
Does Cardinal Health stock pay dividends?
Yes, Cardinal Health does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Cardinal Health's dividend history.
How much dividend does Cardinal Health pay?
Cardinal Health paid $1.512 in 2024, $1.998 in 2023, $1.979 in 2022, $1.959 in 2021, and $1.939 in 2020.
How often does Cardinal Health pay dividends?
Cardinal Health typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, July, and October.
What is Cardinal Health's dividend yield?
The current dividend yield for Cardinal Health is 1.67%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Cardinal Health's exact dividend yield.
When does Cardinal Health go ex dividend?
Cardinal Health's ex-dividend date for the latest dividend was on 2025-01-02. Cardinal Health typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Cardinal Health dividend paid?
Cardinal Health pays dividends on a quarterly basis, typically around March, July, or October, but the exact dates can vary each year.
Will Cardinal Health increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Cardinal Health will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Cardinal Health dividend per share?
Cardinal Health paid $1.512 per share in 2024 and $1.998 per share in 2023. The amount of dividend per share that Cardinal Health pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Cardinal Health a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cardinal Health a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cardinal Health a dividend stock?
Yes, Cardinal Health is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Cardinal Health a good dividend stock?
Whether Cardinal Health is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Cardinal Health has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Cardinal Health as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Cardinal Health as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Cardinal Health pay dividends monthly?
Cardinal Health typically pays dividends on a quarterly basis.
Does Cardinal Health pay dividends quarterly?
Cardinal Health currently pays dividends on a quarterly basis.
Has Cardinal Health ever paid a dividend?
Yes, Cardinal Health has a history of paying dividends to its shareholders. Cardinal Health is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Cardinal Health dividend stocks?
To buy Cardinal Health you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Cardinal Health stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Cardinal Health stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Cardinal Health pay dividends 2024?
Cardinal Health pays dividends on a quarterly basis. 2024 dividend payments are in 2025-01-15. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Cardinal Health increase its dividend in 2024?
Decisions regarding Cardinal Health dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Cardinal Health dividend overview you can look into the above table of dividend history.
How Cardinal Health dividend works?
The Cardinal Health dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Cardinal Health's dividend process works:
1. Determination of Dividend: Cardinal Health's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cardinal Health publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cardinal Health distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cardinal Health are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Cardinal Health's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cardinal Health publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cardinal Health distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cardinal Health are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Cardinal Health dividends paid?
Cardinal Health dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Cardinal Health sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cardinal Health distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cardinal Health declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Cardinal Health sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cardinal Health distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cardinal Health declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Cardinal Health pay dividends?
Cardinal Health typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Cardinal Health pay dividends?
The general pattern is that Cardinal Health pays dividends around March, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Cardinal Health dividend safe?
The safety of Cardinal Health's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Cardinal Health's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cardinal Health's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Cardinal Health's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cardinal Health's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.