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Cardinal Health (CAH) Dividend Yield, Date & History

Cardinal Health logo
$118.35 +0.07 (+0.06%)
(As of 12/23/2024 05:26 PM ET)

Cardinal Health Dividend Summary

Dividend Yield
1.71%
Annual Dividend
$2.02
Next
Dividend Payment
Jan. 15
Dividend Increase
Track Record
28 Years
Annualized 3-Year
Dividend Growth
1.00%
Dividend Payout Ratio
39.30%

Cardinal Health (CAH) pays an annual dividend of $2.02 per share, with a dividend yield of 1.71%. The next quarterly payment of $0.5056 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date of Thursday, January 2. CAH has grown its dividend for 28 consecutive years, with an average annual increase of 0.33%. The company currently pays out 39.30% of its earnings and 19.03% of its cash flow as dividends.

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CAH Dividend Payments by Quarter

The chart below displays up to four years of Cardinal Health's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

CAH Dividend Yield Over Time

The chart below tracks Cardinal Health's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Cardinal Health vs. The Competition

Compare Cardinal Health's annual dividend, yield, and 3-year growth rate with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeCardinal HealthMedical CompaniesNYSE Companies
Annual Dividend$2.02$0.05$1.39
Dividend Yield1.71%5.12%3.67%
Annualized 3-Year Dividend Growth1.00%16.19%15.74%
Track Record28 years23 years25 years

Cardinal Health Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings39.30%
Based on This Year's Estimate25.83%
Based on Next Year's Estimate23.33%
Based on Cashflow19.03%

Cardinal Health Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/5/2024quarterly$0.5056-$0.0004
0.08%
1.79%1/2/20251/2/20251/15/2025
8/15/2024Quarterly$0.5060+$0.0004
0.08%
1.84%10/1/202410/1/202410/15/2024
5/7/2024quarterly$0.5056+$0.0050
1.00%
2.03%7/1/20247/1/20247/15/2024
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2/6/2024quarterly$0.5006 - 1.92%3/28/20244/1/20244/15/2024
11/14/2023quarterly$0.5006 - 1.95%12/29/20231/2/20241/15/2024
8/9/2023quarterly$0.5006 - 2.18%10/2/202310/3/202310/15/2023
5/11/2023quarterly$0.5006+$0.0049
0.99%
2.35%6/30/20237/3/20237/15/2023
2/10/2023quarterly$0.4957 - 2.48%3/31/20234/3/20234/15/2023

This table shows Cardinal Health's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Cardinal Health Dividend - Frequently Asked Questions

The current dividend yield for Cardinal Health is 1.71%. Learn more on CAH's dividend yield history.

The annual dividend for CAH shares is $2.02. Learn more on CAH's annual dividend history.

Cardinal Health pays quarterly dividends to shareholders.

Cardinal Health's next quarterly dividend payment of $0.5056 per share will be made to shareholders on Wednesday, January 15, 2025.

Cardinal Health's most recent quarterly dividend payment of $0.5060 per share was made to shareholders on Tuesday, October 15, 2024.

Cardinal Health's next ex-dividend date is Thursday, January 2, 2025.

Cardinal Health's most recent ex-dividend date was Tuesday, October 1, 2024.

Over the past three years, the company's dividend has grown by an average of 1.00% per year.

Cardinal Health has increased its dividend for the past 28 consecutive years.

The most recent change in the company's dividend was a decrease of $0.0004 on Tuesday, November 5, 2024.

The dividend payout ratio for CAH is:
  • 39.30% based on the trailing year of earnings
  • 25.83% based on this year's estimates
  • 23.33% based on next year's estimates
  • 19.03% based on cash flow

Cardinal Health's dividend yield of 1.73% is lower than the average Medical company that issues a dividend. The company's 28 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Cardinal Health's dividend payout ratio of 39.30% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Cardinal Health stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:CAH) was last updated on 12/24/2024 by MarketBeat.com Staff
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