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Cardinal Health (Cardinal Health) 3-Year Dividend Growth Rate

: 1.00% (As of Dec. 2023)
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Cardinal Health's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

The historical rank and industry rank for Cardinal Health's 3-Year Dividend Growth Rate or its related term are showing as below:

CAH' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1   Med: 17   Max: 51.8
Current: 1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cardinal Health was 51.80% per year. The lowest was 1.00% per year. And the median was 17.00% per year.

CAH's 3-Year Dividend Growth Rate is ranked worse than
83.72% of 43 companies
in the Medical Distribution industry
Industry Median: 7.7 vs CAH: 1.00

During the past 12 months, Cardinal Health's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cardinal Health's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.28. As of today, Cardinal Health's Dividend Yield % is 1.87%.

Warning Sign:

Cardinal Health Inc stock dividend yield is close to 5-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Medical Distribution subindustry, Cardinal Health's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cardinal Health 3-Year Dividend Growth Rate Distribution

For the Medical Distribution industry and Healthcare sector, Cardinal Health's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cardinal Health's 3-Year Dividend Growth Rate falls into.



Cardinal Health 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cardinal Health  (NYSE:CAH) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cardinal Health's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.501/ 1.82
=0.28

During the past 13 years, the highest Dividend Payout Ratio of Cardinal Health was 0.39. The lowest was 0.29. And the median was 0.35.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cardinal Health Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5012024-03-282024-04-012024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5012023-12-292024-01-022024-01-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5012023-10-022023-10-032023-10-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5012023-06-302023-07-032023-07-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cardinal Health's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.004/108.19
=1.85 %

Current Share Price is $108.19.
Cardinal Health's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.004.

During the past 13 years, the highest Dividend Yield of Cardinal Health was 4.53%. The lowest was 1.46%. And the median was 2.53%.

Warning Sign:

Cardinal Health Inc stock dividend yield is close to 5-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cardinal Health 3-Year Dividend Growth Rate Related Terms>


Cardinal Health (Cardinal Health) Business Description

Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.
Executives
Deborah Weitzman officer: CEO, Pharmaceutical Segment 600 WEST 22ND STREET, SUITE 300, OAK BROOK IL 60523
Mary C. Scherer officer: Chief Accounting Officer 6026 LUDWIG STREET, POWELL OH 43065
Ola M Snow officer: Chief Human Resources Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Stephen M Mason officer: CEO, Medical Segment 7000 CARDINAL PLACE, DUBLIN OH 43017
Jessica L Mayer officer: Chief Legal/Compliance Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Michelle D. Greene officer: Chief Information Officer 1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Aaron E Alt officer: Chief Financial Officer 3001 COLORADO BLVD., DENTON TX 76210
Michelle Brennan director 1855 S. GRANT STREET, SAN MATEO CA 94402
Sujatha Chandrasekaran director 77 HOT METAL STREET, PITTSBURGH PA 15203
Christine Mundkur director
Steven Barg director ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
Patricia M English officer: Chief Accounting Officer 7000 CARDINAL PLACE, DUBLIN OH 43017
Sheri H. Edison director 1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Jason M. Hollar officer: Chief Financial Officer 3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
John H Weiland director C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974