Cardinal Health is a global healthcare services company dedicated to improving the cost-effectiveness and quality of healthcare. With a rich history dating back over a century, they provide pharmaceutical and medical products, distribution services, and innovative solutions to healthcare providers worldwide. Their mission is to support the delivery of safe and efficient patient care.
• Cardinal Health announced a Quarterly dividend of $0.5006 per ordinary share which will be made payable on 2024-04-15. Ex dividend date: 2024-03-28
• Cardinal Health annual dividend for 2023 was $1.99
• Cardinal Health dividend growth for 2022 - 2023 was 0.99%
• Typically, Cardinal Health pays dividends four times
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 28-03-2024 | $ 0.50 | Quarterly | 15-04-2024 |
| 29-12-2023 | $ 0.50 | Quarterly | 15-01-2024 |
| 02-10-2023 | $ 0.50 | Quarterly | 15-10-2023 |
| 30-06-2023 | $ 0.50 | Quarterly | 15-07-2023 |
| 31-03-2023 | $ 0.50 | Quarterly | 15-04-2023 |
| 30-12-2022 | $ 0.50 | Quarterly | 15-01-2023 |
| 30-09-2022 | $ 0.50 | Quarterly | 15-10-2022 |
| 30-06-2022 | $ 0.50 | Quarterly | 15-07-2022 |
| 31-03-2022 | $ 0.49 | Quarterly | 15-04-2022 |
| 31-12-2021 | $ 0.49 | Quarterly | 15-01-2022 |
| 30-09-2021 | $ 0.49 | Quarterly | 15-10-2021 |
| 30-06-2021 | $ 0.49 | Quarterly | 15-07-2021 |
| 31-03-2021 | $ 0.49 | Quarterly | 15-04-2021 |
| 31-12-2020 | $ 0.49 | Quarterly | 15-01-2021 |
| 30-09-2020 | $ 0.49 | Quarterly | 15-10-2020 |
| 30-06-2020 | $ 0.49 | Quarterly | 15-07-2020 |
| 31-03-2020 | $ 0.48 | Quarterly | 15-04-2020 |
| 31-12-2019 | $ 0.48 | Quarterly | 15-01-2020 |
| 30-09-2019 | $ 0.48 | Quarterly | 15-10-2019 |
| 28-06-2019 | $ 0.48 | Quarterly | 15-07-2019 |
| 29-03-2019 | $ 0.48 | Quarterly | 15-04-2019 |
| 31-12-2018 | $ 0.48 | Quarterly | 15-01-2019 |
| 28-09-2018 | $ 0.48 | Quarterly | 15-10-2018 |
| 29-06-2018 | $ 0.48 | Quarterly | 15-07-2018 |
| 29-03-2018 | $ 0.46 | Quarterly | 15-04-2018 |
| 29-12-2017 | $ 0.46 | Quarterly | 15-01-2018 |
| 29-09-2017 | $ 0.46 | Quarterly | 15-10-2017 |
| 29-06-2017 | $ 0.46 | Quarterly | 15-07-2017 |
| 30-03-2017 | $ 0.45 | Quarterly | 15-04-2017 |
| 29-12-2016 | $ 0.45 | Quarterly | 15-01-2017 |
| 29-09-2016 | $ 0.45 | Quarterly | 15-10-2016 |
| 29-06-2016 | $ 0.45 | Quarterly | 15-07-2016 |
| 30-03-2016 | $ 0.39 | Quarterly | 15-04-2016 |
| 30-12-2015 | $ 0.39 | Quarterly | 15-01-2016 |
| 29-09-2015 | $ 0.39 | Quarterly | 15-10-2015 |
| 29-06-2015 | $ 0.39 | Quarterly | 15-07-2015 |
| 30-03-2015 | $ 0.34 | Quarterly | 15-04-2015 |
| 30-12-2014 | $ 0.34 | Quarterly | 15-01-2015 |
| 29-09-2014 | $ 0.34 | Quarterly | 15-10-2014 |
| 27-06-2014 | $ 0.34 | Quarterly | 15-07-2014 |
| 28-03-2014 | $ 0.30 | Quarterly | 15-04-2014 |
| 30-12-2013 | $ 0.30 | Quarterly | 15-01-2014 |
| 27-09-2013 | $ 0.30 | Quarterly | 15-10-2013 |
| 27-06-2013 | $ 0.30 | Quarterly | 15-07-2013 |
| 27-03-2013 | $ 0.28 | Quarterly | 15-04-2013 |
| 28-12-2012 | $ 0.28 | Quarterly | 15-01-2013 |
| 27-09-2012 | $ 0.24 | Quarterly | 15-10-2012 |
| 27-06-2012 | $ 0.24 | Quarterly | 15-07-2012 |
| 28-03-2012 | $ 0.22 | Quarterly | 15-04-2012 |
| 28-12-2011 | $ 0.22 | Quarterly | 15-01-2012 |
| 28-09-2011 | $ 0.22 | Quarterly | 15-10-2011 |
| 29-06-2011 | $ 0.22 | Quarterly | 15-07-2011 |
| 30-03-2011 | $ 0.20 | Quarterly | 15-04-2011 |
| 29-12-2010 | $ 0.20 | Quarterly | 15-01-2011 |
| 29-09-2010 | $ 0.20 | Quarterly | 15-10-2010 |
| 29-06-2010 | $ 0.20 | Quarterly | 15-07-2010 |
| 30-03-2010 | $ 0.18 | Quarterly | 15-04-2010 |
Are you planning on buying Cardinal Health? Calculate your expected dividend yield:
Cardinal Health maintains a dividend policy focused on delivering value to its shareholders. As a leading global healthcare services and products company, Cardinal Health has a strong commitment to consistent dividend payments. They typically target a payout ratio of approximately 30-35% of their earnings, which reflects a prudent approach aimed at ensuring financial stability and flexibility. This strategy enables them to reinvest in their core business, pursue strategic initiatives, and navigate the dynamic healthcare industry effectively. Cardinal Health’s dividend policy underscores their dedication to shareholder returns, while also prioritizing long-term growth and sustainability in the healthcare sector.
Other factors to consider when evaluating Cardinal Health as a dividend stock include its dividend yield, 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.
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.
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. 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: Company-Name 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.
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.
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