Cardinal Health Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Cardinal Health (NYSE: CAH) has announced that its Board of Directors has approved a quarterly dividend payment. The company will distribute $0.5056 per share from its capital surplus. Shareholders who are recorded as owners at the close of business on April 1, 2025, will receive the dividend payment on April 15, 2025.

Positive

• Maintained consistent dividend payment, demonstrating financial stability
• Quarterly dividend of $0.5056 per share provides steady income for shareholders

Negative

• None.

Insights

Financial Analyst

Cardinal Health's latest dividend declaration of $0.5056 per share maintains their established quarterly payout level, translating to an annualized dividend of approximately $2.02 per share. This consistent dividend policy, funded from the company's capital surplus, reflects robust operational cash flows and prudent capital management in the competitive healthcare distribution landscape.

The dividend announcement carries particular significance given the current market environment where healthcare distributors face various operational challenges, including supply chain complexities and pricing pressures. Cardinal Health's ability to maintain its dividend demonstrates financial resilience and strong underlying business fundamentals. The company's commitment to returning capital to shareholders while maintaining operational investments positions it favorably among income-seeking investors in the healthcare sector.

From a capital allocation perspective, this dividend payout balances shareholder returns with the need to maintain financial flexibility for strategic investments and operational requirements. The April 15 payment date aligns with typical quarterly distribution schedules, providing predictable income streams for institutional and retail investors focused on dividend-generating healthcare stocks.

DUBLIN, Ohio, Feb. 3, 2025 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.5056 per share out of the Company's capital surplus. The dividend will be payable on April 15, 2025, to shareholders of record at the close of business on April 1, 2025.

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

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SOURCE Cardinal Health

FAQ

What is Cardinal Health's dividend amount for Q2 2025?

Cardinal Health's dividend for Q2 2025 is $0.5056 per share.

When is the ex-dividend date for CAH's Q2 2025 dividend?

The record date is April 1, 2025, meaning the ex-dividend date would be one business day before.

When will Cardinal Health (CAH) pay its Q2 2025 dividend?

Cardinal Health will pay its Q2 2025 dividend on April 15, 2025.

Who is eligible for Cardinal Health's April 2025 dividend payment?

Shareholders who own CAH stock at the close of business on April 1, 2025, will be eligible for the dividend payment.

What is the source of CAH's Q2 2025 dividend payment?

The dividend will be paid out of Cardinal Health's capital surplus.