Cardinal Health Board of Directors Approves Quarterly Dividend
Rhea-AI Summary
Cardinal Health (NYSE: CAH) announced that its Board of Directors has approved a quarterly dividend of $0.5158 per share, to be paid from the company’s capital surplus. The dividend is scheduled to be paid on October 15, 2026 to shareholders of record as of October 1, 2026.
Positive
- Quarterly dividend approved at $0.5158 per share
- Payment date set for October 15, 2026
- Record date defined as close of business on October 1, 2026
Negative
- None.
Market Reaction – CAH
Following this news, CAH has gained 2.41%, reflecting a moderate positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $242.10. Trading volume is exceptionally heavy at 8.5x the average, suggesting very strong buying interest.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
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: David Frost, david.frost@cardinalhealth.com and 614.757.7852
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SOURCE Cardinal Health