CAH Cardinal Health dividend history, payout ratio & dates
Cardinal Health's last dividend payment of $0.506 per share was made to shareholders on record before Oct 1, 2024. The dividend payment stands at $2.01 per share annually, which equates to a dividend yield of 1.63%.
Key dates
- CAH last dividend date: Oct 1, 2024
CAH dividend stats
vs. Healthcare sector
Dividend yield
CAH has a dividend yield of 1.63% which is below the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.92%, Cardinal Health's dividend yield is 15% lower. The current dividend yield is below the historical average of 3.1% of the last 5 years.
Dividend history
Cardinal Health has been paying dividends for the last 32 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 17% from a year ago, the dividend yield marks a decrease of 14%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 1, 2024 | $0.506 | 1.82% |
| Jul 1, 2024 | $0.506 | 2.05% |
| Mar 28, 2024 | $0.501 | 1.79% |
| Dec 29, 2023 | $0.501 | 1.98% |
| Oct 2, 2023 | $0.501 | 2.31% |
| Jun 30, 2023 | $0.501 | 2.1% |
| Mar 31, 2023 | $0.496 | 2.63% |
| Dec 30, 2022 | $0.496 | 2.57% |
| Sep 30, 2022 | $0.496 | 2.96% |
| Jun 30, 2022 | $0.496 | 3.77% |
| Mar 31, 2022 | $0.491 | 3.46% |
| Dec 31, 2021 | $0.491 | 3.8% |
| Sep 30, 2021 | $0.491 | 3.95% |
| Jun 30, 2021 | $0.491 | 3.41% |
| Mar 31, 2021 | $0.486 | 3.2% |
| Dec 31, 2020 | $0.486 | 3.62% |
| Sep 30, 2020 | $0.486 | 4.12% |
| Jun 30, 2020 | $0.486 | 3.7% |
| Mar 31, 2020 | $0.481 | 4.01% |
| Dec 31, 2019 | $0.481 | 3.8% |
| Sep 30, 2019 | $0.481 | 4.06% |
| Jun 28, 2019 | $0.481 | 4.06% |
| Mar 29, 2019 | $0.476 | 3.96% |
| Dec 31, 2018 | $0.476 | 4.24% |
| Sep 28, 2018 | $0.476 | 3.48% |
| Jun 29, 2018 | $0.476 | 3.82% |
| Mar 29, 2018 | $0.462 | 2.95% |
| Dec 29, 2017 | $0.462 | 3% |
| Sep 29, 2017 | $0.462 | 2.72% |
| Jun 29, 2017 | $0.462 | 2.31% |
| Mar 30, 2017 | $0.449 | 2.2% |
| Dec 29, 2016 | $0.449 | 2.4% |
| Sep 29, 2016 | $0.449 | 2.17% |
| Jun 29, 2016 | $0.449 | 2.08% |
| Mar 30, 2016 | $0.387 | 1.89% |
| Dec 30, 2015 | $0.387 | 1.66% |
| Sep 29, 2015 | $0.387 | 1.9% |
| Jun 29, 2015 | $0.387 | 1.69% |
| Mar 30, 2015 | $0.343 | 1.51% |
Cardinal Health dividend payout ratio
Payout ratio
CAH has a payout ratio of 38.8% which is higher than the industry average but lower than the Healthcare sector and its peers average. But in comparison with the Healthcare sector average of 40%, Cardinal Health's payout ratio is only 3% lower.
Total amount of dividends paid per financial year (from cash flow)
CAH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PDCO Patterson Companies Inc | 5.13% | $1.04 | 56.5% |
| CVS CVS HEALTH Corp | 4.66% | $2.66 | 67.3% |
| PINC Premier Inc | 3.75% | $0.84 | 62.2% |
| CAH Cardinal Health Inc | 1.63% | $2.01 | 38.8% |
| TFX Teleflex Inc | 0.71% | $1.36 | 26.9% |
| MCK Mckesson Corp | 0.31% | $1.95 | 10% |
| 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 32 years.
When was CAH's last dividend?
Cardinal Health's last regular dividend was on Oct 1, 2024 (ex-date) with the amount of $0.506 per share.
How much dividend does Cardinal Health pay (per share)?
CAH's annualized dividend per share is $2.01.
What is Cardinal Health's dividend yield?
Cardinal Health's current dividend yield is 1.63%.
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 38.8%.
Does Cardinal Health pay a good dividend?
Cardinal Health's dividend yield is below the Healthcare sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.