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Cardinal Health Board of Directors Approves Increase to Quarterly Dividend

Cardinal Health (CAH) has announced an increase in its quarterly dividend to $0.5056 per share, payable on July 15, 2024, to shareholders of record as of July 1, 2024.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Cardinal Health (CAH) has announced an increase in its quarterly dividend to $0.5056 per share, payable on July 15, 2024, to shareholders of record as of July 1, 2024.

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Positive

  • Increased quarterly dividend to $0.5056 per share.

  • Payment date set for July 15, 2024.

Negative

  • None.
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News Market Reaction – CAH

The recorded move for CAH in the trading session of this news was -2.29%.

Data tracked by StockTitan Argus. Session date unavailable.

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DUBLIN, Ohio, May 7, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved an increase to its quarterly dividend, to $0.5056 per share, out of the Company's capital surplus. The dividend will be payable on July 15, 2024 to shareholders of record at the close of business on July 1, 2024.

About Cardinal Health 
Cardinal Health is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for health care facilities. With more than 50 years in business, operations in more than 30 countries and approximately 48,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.

Contacts
Media: Erich Timmerman, erich.timmerman@cardinalhealth.com and 614.757.8231
Investors: Matt Sims, Matt.Sims@cardinalhealth.com and 614.553.3661

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cardinal-health-board-of-directors-approves-increase-to-quarterly-dividend-302138762.html

SOURCE Cardinal Health

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new quarterly dividend amount for Cardinal Health (CAH)?

Cardinal Health has increased its quarterly dividend to $0.5056 per share.

When will the new dividend be payable to shareholders of Cardinal Health (CAH)?

The dividend will be payable on July 15, 2024, to shareholders of record as of July 1, 2024.

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