Cardinal Health Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

Cardinal Health (NYSE: CAH) announced a quarterly dividend of $0.4957 per share, reflecting its commitment to returning value to shareholders. This dividend, payable on April 15, 2023, is for shareholders on record by April 3, 2023. The company, a major player in healthcare services with 50 years in the industry and operations in over 30 countries, continues to demonstrate financial stability and shareholder confidence through regular dividend payments.

Positive

• Quarterly dividend of $0.4957 per share demonstrates commitment to shareholders.
• Dividend payment due on April 15, 2023, highlights ongoing financial stability.

Negative

• None.

News Market Reaction – CAH

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-0.46% Session move

In the trading session that priced this news, CAH declined 0.46%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DUBLIN, Ohio, Feb. 10, 2023 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.4957 per share out of the Company's capital surplus. The dividend will be payable on April 15, 2023 to shareholders of record at the close of business on April 3, 2023.

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 50 years in business, operations in more than 30 countries and approximately 46,500 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: Kevin Moran, kevin.moran@cardinalhealth.com and 614.757.7942

 

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SOURCE Cardinal Health

FAQ

What is the dividend payout amount for Cardinal Health in 2023?

The dividend payout amount for Cardinal Health in 2023 is $0.4957 per share.

When is the Cardinal Health dividend payable?

The Cardinal Health dividend is payable on April 15, 2023.

What is the record date for the Cardinal Health dividend?

The record date for the Cardinal Health dividend is April 3, 2023.

How often does Cardinal Health pay dividends?

Cardinal Health pays dividends quarterly.

Is the Cardinal Health dividend sustainable?

The sustainability of the Cardinal Health dividend can be assessed based on the company's financial performance and cash flow.