CAH Cardinal Health, Inc.

Healthcare · Medical Distribution

4 · Weak Momentum 9.0 · Strong Watch 21y streak

235.62

-1.93%

About the company

Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally. It operates in two segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution. The company provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. It distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The company also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; pharmacy management services to hospitals; operates pharmacies, including pharmacies in community health centers; and repackages generic pharmaceuticals and over-the-counter healthcare products. In addition, it manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compression, incontinence, nutritional delivery, and wound care products; single-use surgical drapes, gowns, and apparel products; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. Further, the company distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile and non-sterile procedure kits. Additionally, it manufactures, prepares, and delivers radiopharmaceuticals; and optimizes direct shipments through integrated technology solutions. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

Website

0.87%

28.49%

2.06

54.8B

32.59

7.23

211.51

52-week range

236

low 145 high 258

Dividend deep dive

Cardinal Health, Inc. (CAH), a Healthcare sector company specializing in Medical Distribution, currently pays a dividend of $2.05 per share annually. The stock's current dividend yield stands at 0.89%, which is below its 5-year average yield of 2.44% and significantly below its 5-year high of 3.65%. The overall dividend safety status for CAH is currently marked as 'watch', suggesting areas for investor consideration regarding its sustainability or growth trajectory.

Dividend history

Cardinal Health has maintained a consistent record of dividend payments, having increased its dividend for 21 consecutive years, earning it a 'contender' status on the CCC list. The 3-year dividend growth rate (CAGR) is 0.83%, while the 5-year CAGR is 0.91%. Annual dividends paid include $1.964 in 2021, $1.984 in 2022, $2.004 in 2023, and $2.024 in 2024. A projected dividend of $2.034 is noted for 2025, demonstrating modest but sustained annual increases over the past decade, paid quarterly.

Dividend safety

The dividend appears well-covered by earnings, with a payout ratio of 31.35% based on an EPS of $6.54. Leverage metrics show a current ratio of 0.907 and a quick ratio of 0.419, indicating limited short-term liquidity.

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AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.