Cardinal Health's last quarterly dividend payment of $0.496 per share was made to shareholders on record before Mar 31, 2023. The dividend payment stands at $1.98 per share annually, which equates to a dividend yield of 2.38%.
CAH has a dividend yield of 2.38% which is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.9%, Cardinal Health's dividend yield is 25% higher. The current dividend yield is below the historical average of 3.6% of the last 5 years.
Cardinal Health has been paying dividends for the last 30 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 50% from a year ago, the dividend yield marks a decrease of 33%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
CAH has a payout ratio of 114.6% which is higher than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 41.9%, Cardinal Health's payout ratio is 174% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PDCO Patterson Companies Inc | 3.88% | $1.04 | 51.5% |
| CVS CVS HEALTH Corp | 3.32% | $2.31 | 75.5% |
| PINC Premier Inc | 3.3% | $0.84 | 54.2% |
| CAH Cardinal Health Inc | 2.36% | $1.98 | 114.6% |
| ABC Amerisourcebergen Corp | 1.09% | $1.92 | 24.3% |
| TFX Teleflex Inc | 0.58% | $1.36 | 17.6% |
| MCK Mckesson Corp | 0.55% | $2.16 | 8.6% |
| OMI Owens & Minor Inc | N/A | N/A | N/A |
Yes, Cardinal Health has been paying dividends for the last 30 years.
CAH's next dividend date is Jun 30, 2023 (ex-date).
Cardinal Health's last regular dividend was on Mar 31, 2023 (ex-date) with the amount of $0.496 per share.
CAH's annualized dividend per share is $1.98.
Cardinal Health's current dividend yield is 2.38%.
Cardinal Health pays four dividends per year.
Cardinal Health's dividend payout ratio is 114.6%.
Cardinal Health's dividend yield is above the Healthcare sector average.