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Cardinal Health (Cardinal Health) Dividend Yield %

: 1.85% (As of Today)
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As of today (2024-04-20), the Trailing Annual Dividend Yield of Cardinal Health is 1.85%.

Warning Sign:

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

The historical rank and industry rank for Cardinal Health's Dividend Yield % or its related term are showing as below:

CAH' s Dividend Yield % Range Over the Past 10 Years
Min: 1.46   Med: 2.53   Max: 4.53
Current: 1.85

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%.

CAH's Dividend Yield % is ranked worse than
61.29% of 62 companies
in the Medical Distribution industry
Industry Median: 2.535 vs CAH: 1.85

Cardinal Health's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-20), the Forward Dividend Yield % of Cardinal Health is 1.85%.

Cardinal Health's Dividends per Share for the three months ended in Dec. 2023 was $0.50.

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.

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.

The growth rate is calculated with least square regression.

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


Cardinal Health Dividend Yield % Historical Data

The historical data trend for Cardinal Health's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Cardinal Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.06 3.70 3.41 3.77 2.10

Cardinal Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.54 2.63 2.10 2.29 1.98

Competitive Comparison

For the Medical Distribution subindustry, Cardinal Health's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Medical Distribution industry and Healthcare sector, Cardinal Health's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cardinal Health's Dividend Yield % falls into.



Cardinal Health Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward 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 forward twelve months is calculated as $0.501 * 4 = $2.004.

* 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  (NYSE:CAH) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cardinal Health Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Cardinal Health's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Cardinal Health (Cardinal Health) Headlines