Cardinal Health Approves Quarterly Dividend Increase
Board of Directors Announces $0.5056 Per Share Dividend
Increase Reflects Company's Strong Performance and Commitment to Shareholder Returns
DUBLIN, Ohio, May 7, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced that its Board of Directors has approved an increase to its quarterly dividend to $0.5056 per share.
The increase, which represents a 2% increase over the previous quarterly dividend of $0.5006 per share, reflects the company's strong financial performance and its commitment to returning value to shareholders.
The new quarterly dividend will be payable on June 30, 2024, to shareholders of record as of the close of business on June 15, 2024.
Cardinal Health has a long history of paying dividends to shareholders, and the company has increased its dividend for 14 consecutive years.
The Board of Directors regularly reviews the company's dividend policy and considers a number of factors when making dividend decisions, including the company's financial performance, capital needs, and overall business strategy.
The company's consistent dividend payments and dividend growth demonstrate its commitment to providing shareholders with a reliable source of income and its confidence in the company's future prospects.
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