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CAH Cardinal Health dividend history, payout ratio & dates

Cardinal Health's last quarterly dividend payment of $0.501 per share was made to shareholders on record before Dec 29, 2023. The dividend payment stands at $2 per share annually, which equates to a dividend yield of 1.78%.

Key dates

  • CAH last dividend date: Dec 29, 2023
  • CAH next dividend date: Mar 28, 2024
CAH dividend stats
DPS
$2
Dividend yield
1.78%
Payout ratio
77.7%
vs. Healthcare sector
Dividend yield
1.82%
Payout ratio
36.3%

Dividend yield

What is Cardinal Health current dividend yield

CAH has a dividend yield of 1.78% which is above the industry average but below the Healthcare sector and its peers average. But compared to its Healthcare sector average of 1.82%, Cardinal Health's dividend yield is only 2.2% lower. The current dividend yield is below the historical average of 3.4% of the last 5 years.

Dividend history

What is CAH dividend payout history and dates

Cardinal Health has been paying dividends for the last 31 years. According to our records CAH has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 1% since one year ago. However with the stock price up by 48% from a year ago, the dividend yield marks a decrease of 32%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Dec 29, 2023 Jan 15, 2024 Nov 14, 2023 $0.501 normal
Oct 2, 2023 Oct 15, 2023 Aug 9, 2023 $0.501 normal
Jun 30, 2023 Jul 15, 2023 May 11, 2023 $0.501 normal
Mar 31, 2023 Apr 15, 2023 Feb 10, 2023 $0.496 normal
Dec 30, 2022 Jan 15, 2023 Nov 8, 2022 $0.496 normal
Sep 30, 2022 Oct 15, 2022 Aug 10, 2022 $0.496 normal
Jun 30, 2022 Jul 15, 2022 May 10, 2022 $0.496 normal
Mar 31, 2022 Apr 15, 2022 Feb 8, 2022 $0.491 normal
Dec 31, 2021 Jan 15, 2022 Nov 4, 2021 $0.491 normal
Sep 30, 2021 Oct 15, 2021 Aug 5, 2021 $0.491 normal
Jun 30, 2021 Jul 15, 2021 May 6, 2021 $0.491 normal
Mar 31, 2021 Apr 15, 2021 Feb 5, 2021 $0.486 normal
Dec 31, 2020 Jan 15, 2021 Nov 5, 2020 $0.486 normal
Sep 30, 2020 Oct 15, 2020 Aug 6, 2020 $0.486 normal
Jun 30, 2020 Jul 15, 2020 May 11, 2020 $0.486 normal
Mar 31, 2020 Apr 15, 2020 Feb 11, 2020 $0.481 normal
Dec 31, 2019 Jan 15, 2020 Nov 7, 2019 $0.481 normal
Sep 30, 2019 Oct 15, 2019 $0.481 normal
Jun 28, 2019 Jul 15, 2019 May 8, 2019 $0.481 normal
Mar 29, 2019 Apr 15, 2019 Feb 7, 2019 $0.476 normal
Dec 31, 2018 Jan 15, 2019 Nov 7, 2018 $0.476 normal
Sep 28, 2018 Oct 15, 2018 Aug 8, 2018 $0.476 normal
Jun 29, 2018 Jul 15, 2018 May 9, 2018 $0.476 normal
Mar 29, 2018 Apr 15, 2018 Feb 7, 2018 $0.462 normal
Dec 29, 2017 Jan 15, 2018 Nov 8, 2017 $0.462 normal
Sep 29, 2017 Oct 15, 2017 Aug 9, 2017 $0.462 normal
Jun 29, 2017 Jul 15, 2017 May 3, 2017 $0.462 normal
Mar 30, 2017 Apr 15, 2017 Feb 2, 2017 $0.449 normal
Dec 29, 2016 Jan 15, 2017 Nov 3, 2016 $0.449 normal
Sep 29, 2016 Oct 15, 2016 Aug 8, 2016 $0.449 normal
Jun 29, 2016 Jul 15, 2016 May 4, 2016 $0.449 normal
Mar 30, 2016 Apr 15, 2016 Feb 2, 2016 $0.387 normal
Dec 30, 2015 Jan 15, 2016 Nov 4, 2015 $0.387 normal
Sep 29, 2015 Oct 15, 2015 Aug 5, 2015 $0.387 normal

Cardinal Health dividend payout ratio

What is Cardinal Health dividend payout ratio compared to the sector

Payout ratio

CAH has a payout ratio of 77.7% which is higher than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 36.3%, Cardinal Health's payout ratio is 114% higher.

Total amount of dividends paid per financial year (from cash flow)

CAH dividend vs peer dividends

How does CAH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PINC Premier Inc 4.03% $0.84 60%
PDCO Patterson Companies Inc 3.84% $1.04 51%
CVS CVS HEALTH Corp 3.33% $2.48 38.2%
CAH Cardinal Health Inc 1.78% $2 77.7%
TFX Teleflex Inc 0.61% $1.36 17.9%
MCK Mckesson Corp 0.46% $2.4 10.8%
OMI Owens & Minor Inc N/A N/A N/A

Frequently asked questions

Does Cardinal Health pay a dividend?

Yes, Cardinal Health has been paying dividends for the last 31 years.

When is Cardinal Health's next dividend?

CAH's next dividend date is Mar 28, 2024 (ex-date).

When was CAH's last dividend?

Cardinal Health's last regular dividend was on Dec 29, 2023 (ex-date) with the amount of $0.501 per share.

How much dividend does Cardinal Health pay (per share)?

CAH's annualized dividend per share is $2.

What is Cardinal Health's dividend yield?

Cardinal Health's current dividend yield is 1.78%.

How often does Cardinal Health pay dividends?

Cardinal Health pays four dividends per year.

What is Cardinal Health's dividend payout ratio?

Cardinal Health's dividend payout ratio is 77.7%.

Does Cardinal Health pay a good dividend?

Cardinal Health's dividend yield is similar to the Healthcare sector average.