Cardinal Health Dividends and Buybacks
Dividend criteria checks 5/6
Cardinal Health is a dividend paying company with a current yield of 1.71% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 2nd January, 2025.
Key information
1.7%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 2.5% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 02 Jan 25 |
| Dividend per share | €2.022 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CLH's dividends per share have been stable in the past 10 years.
Growing Dividend: CLH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cardinal Health Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLH) | 1.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Healthcare) | 2.7% |
| Analyst forecast (CLH) (up to 3 years) | 1.8% |
Notable Dividend: CLH's dividend (1.71%) is higher than the bottom 25% of dividend payers in the German market (1.69%).
High Dividend: CLH's dividend (1.71%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), CLH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.4%), CLH's dividend payments are well covered by cash flows.