Cardinal Health Board of Directors Approves Quarterly Dividend

Rhea-AI Summary

On November 8, 2022, Cardinal Health (NYSE: CAH) announced a quarterly dividend of $0.4957 per share, reflecting its ongoing commitment to return value to shareholders. This dividend is payable on January 15, 2023, to shareholders of record by the close of business on January 3, 2023. Cardinal Health continues to strengthen its position as a key player in the healthcare sector, with its substantial operations spanning over 30 countries and a dedicated workforce of approximately 44,000 employees.

Positive

• Quarterly dividend of $0.4957 demonstrates commitment to shareholder returns.
• Dividend payment reinforces company stability and confidence in future performance.

Negative

• None.

DUBLIN, Ohio, Nov. 8, 2022 /PRNewswire/ -- Cardinal Health (NYSE: CAH) announced today that its Board of Directors approved a quarterly dividend of $0.4957 per share out of the Company's capital surplus. The dividend will be payable on January 15, 2023 to shareholders of record at the close of business on January 3, 2023.

About Cardinal Health 
Cardinal Health (NYSE: CAH) is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for health care facilities. With 50 years in business, operations in more than 30 countries and approximately 44,000 employees globally, Cardinal Health is essential to care. Information about Cardinal Health is available at cardinalhealth.com.

Contacts
Media: Erich Timmerman, erich.timmerman@cardinalhealth.com and 614.757.8231
Investors: Kevin Moran, kevin.moran@cardinalhealth.com and 614.757.7942

 

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SOURCE Cardinal Health

FAQ

What is the dividend amount for Cardinal Health (CAH)?

The dividend amount for Cardinal Health (CAH) is $0.4957 per share.

When will the dividend for CAH be paid?

The dividend will be paid on January 15, 2023.

What is the record date for the CAH dividend?

The record date for the CAH dividend is January 3, 2023.

Is the dividend for Cardinal Health sustainable?

While the dividend reflects the company's commitment to shareholders, sustainability depends on future financial performance and cash flow.