Cardinal Health Dividend

Dividend criteria checks 5/6

Cardinal Health is a dividend paying company with a current yield of 1.94% that is well covered by earnings. Next payment date is on 15th July, 2024 with an ex-dividend date of 1st July, 2024.

Key information

1.9%

Dividend yield

90%

Payout ratio

Industry average yield1.8%
Next dividend pay date15 Jul 24
Ex dividend date01 Jul 24
Dividend per sharen/a
Earnings per shareUS$2.27
Dividend yield forecast in 3Y2.0%

Recent dividend updates

Cardinal Health (NYSE:CAH) Has Announced That It Will Be Increasing Its Dividend To $0.5056

Jun 11
Cardinal Health (NYSE:CAH) Has Announced That It Will Be Increasing Its Dividend To $0.5056

Recent updates

Cardinal Health (NYSE:CAH) Has Announced That It Will Be Increasing Its Dividend To $0.5056

Jun 11
Cardinal Health (NYSE:CAH) Has Announced That It Will Be Increasing Its Dividend To $0.5056

Cardinal Health's Valuation Makes The Name Unattractive

May 26

Cardinal Health Q3 Earnings: Undervalued On Strong Guidance

May 03

Potential Upside For Cardinal Health, Inc. (NYSE:CAH) Not Without Risk

Apr 14
Potential Upside For Cardinal Health, Inc. (NYSE:CAH) Not Without Risk

Is Cardinal Health, Inc. (NYSE:CAH) Trading At A 50% Discount?

Mar 09
Is Cardinal Health, Inc. (NYSE:CAH) Trading At A 50% Discount?

Cardinal Health: Continued Business Growth And Huge Medical Supplies Market Penetration

Feb 20

Cardinal Health, Inc. (NYSE:CAH) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Feb 03
Cardinal Health, Inc. (NYSE:CAH) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Investors Aren't Entirely Convinced By Cardinal Health, Inc.'s (NYSE:CAH) Revenues

Dec 28
Investors Aren't Entirely Convinced By Cardinal Health, Inc.'s (NYSE:CAH) Revenues

Cardinal Health Is Setting Up For A Great 2024

Dec 21

Cardinal Health, Inc. (NYSE:CAH) Shares Could Be 45% Below Their Intrinsic Value Estimate

Nov 03
Cardinal Health, Inc. (NYSE:CAH) Shares Could Be 45% Below Their Intrinsic Value Estimate

Cardinal Health: A Revenue Growth Gem Plagued By Symptoms Of Negative Equity

Oct 13

Cardinal Health: Better EPS Growth Clarity, Buying Back Shares, A Buy On Valuation

Aug 07

Cardinal Health (NYSE:CAH) Shareholders Will Want The ROCE Trajectory To Continue

Aug 05
Cardinal Health (NYSE:CAH) Shareholders Will Want The ROCE Trajectory To Continue

An Intrinsic Calculation For Cardinal Health, Inc. (NYSE:CAH) Suggests It's 45% Undervalued

Jul 14
An Intrinsic Calculation For Cardinal Health, Inc. (NYSE:CAH) Suggests It's 45% Undervalued

Cardinal Health: Not A Long-Term Investment

May 24

The Return Trends At Cardinal Health (NYSE:CAH) Look Promising

Apr 17
The Return Trends At Cardinal Health (NYSE:CAH) Look Promising

Cardinal Health, Inc.'s (NYSE:CAH) Intrinsic Value Is Potentially 78% Above Its Share Price

Mar 30
Cardinal Health, Inc.'s (NYSE:CAH) Intrinsic Value Is Potentially 78% Above Its Share Price

Cardinal Health: Downgrading Due To Absence Of Safety Margin (Rating Downgrade)

Feb 21

Cardinal Health (NYSE:CAH) Is Due To Pay A Dividend Of $0.4957

Feb 16
Cardinal Health (NYSE:CAH) Is Due To Pay A Dividend Of $0.4957

Cardinal Health declares $0.4957 dividend

Feb 10

Cardinal Health FQ2 2023 Earnings Preview

Feb 01

Cardinal Health partners with Palantir for data-driven supply chain support

Jan 26

Cardinal Health Is A Tempting Healthcare Income Play

Dec 28

Cardinal Health (NYSE:CAH) Will Pay A Dividend Of $0.4957

Dec 20
Cardinal Health (NYSE:CAH) Will Pay A Dividend Of $0.4957

Aaron Alt is the new finance chief at Cardinal health

Dec 19

Is There An Opportunity With Cardinal Health, Inc.'s (NYSE:CAH) 44% Undervaluation?

Dec 14
Is There An Opportunity With Cardinal Health, Inc.'s (NYSE:CAH) 44% Undervaluation?

Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957

Nov 16
Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957

Cardinal Health: Investable In Potential Pullback Despite Weak Medical Segment

Nov 14

Cardinal Health rises on Q1 earnings beat

Nov 04

Cardinal Health Is Being Undervalued, Has Significant Upside In The Near Term

Oct 10

Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957

Sep 29
Cardinal Health (NYSE:CAH) Is Paying Out A Dividend Of $0.4957

Cardinal Health: Aristocrat Heading For A Makeover

Sep 26

PayrHealth to collaborate with Cardinal Health

Sep 15

Cardinal Health in pact with activist investor Elliot for value creation measures

Sep 06

Cardinal Health's (NYSE:CAH) Dividend Will Be $0.4957

Sep 01
Cardinal Health's (NYSE:CAH) Dividend Will Be $0.4957

Activist interest in Cardinal Health could unlock value, improve margins - Morgan Stanley

Aug 16

Is It Too Late To Consider Buying Cardinal Health, Inc. (NYSE:CAH)?

Aug 15
Is It Too Late To Consider Buying Cardinal Health, Inc. (NYSE:CAH)?

Upcoming Dividend Payment

TodayJun 21 2024Ex Dividend DateJul 01 2024Dividend Pay DateJul 15 202414 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CAH's dividends per share have been stable in the past 10 years.

Growing Dividend: CAH's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Cardinal Health Dividend Yield vs Market
How does CAH dividend yield compare to the market?
SegmentDividend Yield
Company (CAH)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Healthcare)1.8%
Analyst forecast in 3 Years (CAH)2.0%

Notable Dividend: CAH's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.53%).

High Dividend: CAH's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (4.79%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.8%), CAH's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (24.5%), CAH's dividend payments are well covered by cash flows.


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