Cardinal Health Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Cardinal Health (NYSE: CAH) said its Board approved a quarterly dividend of $0.5107 per share, payable April 15, 2026 to shareholders of record at the close of business April 1, 2026. The dividend will be paid out of the company's capital surplus.

Positive

• Dividend of $0.5107 per share declared
• Payment date set for April 15, 2026
• Record date confirmed as April 1, 2026

Negative

• Dividend will be paid from capital surplus, indicating use of reserves

News Market Reaction

-4.10%

1 alert

-4.10% News Effect

On the day this news was published, CAH declined 4.10%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Quarterly dividend: $0.5107 per share Payment date: April 15, 2026 Record date: April 1, 2026

3 metrics

Quarterly dividend $0.5107 per share Board-approved quarterly dividend from capital surplus

Payment date April 15, 2026 Dividend payable date to eligible shareholders

Record date April 1, 2026 Shareholders of record eligible for dividend

Market Reality Check

Price: $220.79 Vol: Volume 3,077,685 vs 20-da...

high vol

$220.79 Last Close

Volume Volume 3,077,685 vs 20-day average 1,851,937 (1.66x), indicating elevated trading before the dividend news. high

Technical Price $215.06 is trading above the 200-day MA $173.40, reflecting a sustained upward trend into this dividend announcement.

Peers on Argus

CAH gained 1.81% while key medical distribution peers like COR, MCK, HSIC, ALC, ...

CAH gained 1.81% while key medical distribution peers like COR, MCK, HSIC, ALC, and RMD all showed declines between about -2% and -4%, pointing to stock-specific strength rather than a sector-wide move.

Previous Management,dividends Reports

5 past events · Latest: Nov 04 (Neutral)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 04	Quarterly dividend	Neutral	+0.7%	Board approved $0.5107 quarterly dividend payable January 15, 2026.
Aug 15	Quarterly dividend	Neutral	+0.1%	Board approved $0.5107 quarterly dividend payable October 15, 2025.
May 05	Dividend increase	Positive	-0.2%	Announced dividend increase with new $0.5107 per share quarterly payout.
Feb 03	Quarterly dividend	Neutral	-0.1%	Approved $0.5056 per share dividend payable April 15, 2025.
Nov 05	Quarterly dividend	Neutral	+2.1%	Approved $0.5056 per share dividend payable January 15, 2025.

Pattern Detected

Dividend declarations with the management,dividends tag have historically led to modest price moves around the announcement date, with generally small positive reactions and occasional mild pullbacks.

Recent Company History

Over the past five dividend-related announcements since Nov 2024, Cardinal Health has consistently approved quarterly payouts in a narrow range around $0.50–$0.51 per share, funded from capital surplus. These events typically produced small price changes, often under 1% in either direction, suggesting the market views them as routine confirmations of capital return policy. Today’s dividend fits this established pattern of steady, recurring shareholder distributions.

Historical Comparison

+0.5% avg move · In the past year, CAH issued 5 dividend-related releases under this tag, with an average next-day mo...

management,dividends

+0.5%

Average Historical Move management,dividends

In the past year, CAH issued 5 dividend-related releases under this tag, with an average next-day move of 0.52%, suggesting markets typically treat these as routine, low-volatility events.

Dividend events show a gradual step-up from $0.5056 to $0.5107 per share, indicating a stable and slightly rising payout over multiple quarters.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-08-12

An effective Form S-3ASR shelf dated 2025-08-12 allows Cardinal Health to issue various securities, but recorded usage is 0 offerings so far, indicating no takedowns have been executed under this shelf to date.

Market Pulse Summary

This announcement confirms continuation of a quarterly dividend of $0.5107 per share, payable on Apr...

Analysis

This announcement confirms continuation of a quarterly dividend of $0.5107 per share, payable on April 15, 2026 to holders of record on April 1, 2026. It fits a multi-year pattern of stable or gently rising payouts funded from capital surplus. In context of recently reported revenue of $65.6 billion and higher EPS guidance, investors may watch future board actions, shelf usage under the S-3ASR, and insider activity to gauge how capital returns balance with growth and legal obligations.

Key Terms

capital surplus

1 terms

capital surplus financial

"approved its quarterly dividend of $0.5107 per share, out of the Company's capital surplus."

Capital surplus is the portion of a company’s equity that comes from money investors paid above the stock’s stated minimum price or from certain non-operating transactions; it sits on the balance sheet separate from earned profits. Investors watch it because it shows how much extra funding a company has raised beyond basic share value—like tips above a ticket price—and can provide a financial cushion for growth or restructuring, though it is not the same as cash available for routine dividends.

AI-generated analysis. Not financial advice.

DUBLIN, Ohio, Feb. 12, 2026 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved its quarterly dividend of $0.5107 per share, out of the Company's capital surplus. The dividend will be payable on April 15, 2026 to shareholders of record at the close of business on April 1, 2026.

About Cardinal Health
Cardinal Health is a distributor of pharmaceuticals and specialty products; a global manufacturer and distributor of medical and laboratory products; a supplier of home-health and direct-to-patient products and services; an operator of nuclear pharmacies and manufacturing facilities; and a provider of performance and data solutions. Our company's customer-centric focus drives continuous improvement and leads to innovative solutions that improve people's lives every day. Learn more about Cardinal Health at cardinalhealth.com and in our Newsroom. 

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/cardinal-health-board-of-directors-approves-quarterly-dividend-302686950.html

SOURCE Cardinal Health

FAQ

What dividend did Cardinal Health (CAH) announce on February 12, 2026?

Cardinal Health declared a quarterly dividend of $0.5107 per share. According to the company, the dividend is payable April 15, 2026 to holders of record at the close of business April 1, 2026 and is paid from capital surplus.

When will Cardinal Health (CAH) shareholders receive the April 2026 dividend?

The dividend will be paid on April 15, 2026 to eligible shareholders. According to the company, shareholders of record at the close of business on April 1, 2026 will receive the $0.5107 per share payment.

Which shareholders of Cardinal Health (CAH) are eligible for the April 2026 dividend?

Shareholders of record at the close of business on April 1, 2026 are eligible. According to the company, those holders will be paid $0.5107 per share on April 15, 2026, with the dividend sourced from capital surplus.

How much is the Cardinal Health (CAH) quarterly dividend and how is it funded?

The quarterly dividend is $0.5107 per share and is funded from capital surplus. According to the company, the Board approved this distribution on February 12, 2026 with payment on April 15, 2026 to record-date holders.

Does the Cardinal Health (CAH) dividend affect shareholder records or trading around April 2026?

Yes; shareholders must be on the record by April 1, 2026 to receive the dividend. According to the company, the dividend of $0.5107 per share will then be paid on April 15, 2026 to those recorded holders.