CAH Cardinal Health, Inc.

Healthcare · Medical Distribution

4 · Weak Momentum 10.0 · Strong Watch 21y streak Reports ~Nov 5

254.06

+0.14%

About the company

Cardinal Health, Inc. operates as a healthcare services and products company in the United States and internationally. It operates in two segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution. The company provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. It distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The company also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; pharmacy management services to hospitals; operates pharmacies, including pharmacies in community health centers; and repackages generic pharmaceuticals and over-the-counter healthcare products. In addition, it manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compression, incontinence, nutritional delivery, and wound care products; single-use surgical drapes, gowns, and apparel products; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. Further, the company distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile and non-sterile procedure kits. Additionally, it manufactures, prepares, and delivers radiopharmaceuticals; and optimizes direct shipments through integrated technology solutions. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.

Website

0.81%

28.49%

2.06

58.8B

35.14

7.23

219.87

52-week range

254

low 156 high 258

Dividend deep dive

Cardinal Health, Inc., a Medical Distribution company in the Healthcare sector, currently offers a dividend yield of 0.94%. This yield is below its 5-year average of 2.44% and significantly below its 5-year high of 3.65%, indicating an overvalued status by Yield Theory. The company has a dividend rating score of 5.0 and shows some price momentum with a score of 6.0, but its value score is 0.0, suggesting it is not cheap.

Dividend history

Cardinal Health has increased its dividend for 21 consecutive years, earning it a "Contender" status. Over the past three years, the dividend grew at a CAGR of 0.83%, and at a 0.91% CAGR over five years. This translates to a dividend doubling time of 79.2 years. Annual dividends have shown consistent, albeit slow, growth: from 1.372 USD in 2014 to 2.004 USD in 2023, and 2.024 USD for 2024. The slow growth suggests income growth for investors may be modest.