Cardinal Health Raises Quarterly Dividend

Cardinal Health (NYSE: CAH) has announced a quarterly dividend of $0.4957 per share, approved by its Board of Directors.

Rhea-AI Summary

Cardinal Health (NYSE: CAH) has announced a quarterly dividend of $0.4957 per share, approved by its Board of Directors. This dividend will be paid on July 15, 2022, to shareholders on record as of July 1, 2022. With a robust operational presence in over 30 countries and approximately 44,000 employees, Cardinal Health remains a crucial player in healthcare distribution and services. This dividend reflects the company's commitment to returning value to shareholders while maintaining a strong position in the healthcare sector.

Positive

• Quarterly dividend of $0.4957 per share demonstrates commitment to shareholder returns.

Negative

• None.

Argus Publication session

-0.27% session move Open Argus

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News Market Reaction – CAH

In the trading session that priced this news, CAH declined 0.27%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DUBLIN, Ohio, May 10, 2022 /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 July 15, 2022 to shareholders of record at the close of business on July 1, 2022.

About Cardinal Health 
Cardinal Health (NYSE: CAH) 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 44,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.

Contact
Erich Timmerman, erich.timmerman@cardinalhealth.com and 847.887.1487 

 

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SOURCE Cardinal Health

FAQ

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

What is the dividend amount for CAH in July 2022?

The dividend amount for Cardinal Health (CAH) in July 2022 is $0.4957 per share.

When is the dividend payment date for CAH?

The dividend payment date for Cardinal Health (CAH) is July 15, 2022.

When is the record date for CAH's dividend?

The record date for Cardinal Health's (CAH) dividend is July 1, 2022.