CAH Cardinal Health, Inc.

Healthcare · Medical Distribution

5 · Fair Momentum 9.0 · Strong Watch 21y streak

235.86

+0.56%

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

0.87%

28.53%

2.06

54.9B

32.67

7.22

214.81

52-week range

236

low 146 high 258

Dividend deep dive

Cardinal Health, Inc. (CAH) operates in Medical Distribution within the Healthcare sector. The company offers a dividend yield of 0.9%, which is currently below its 5-year average of 2.44% and at the low end of its 5-year yield range (high of 3.65%, low of 1.27%), suggesting an overvalued status by Yield Theory. The stock holds an overall rating score of 5.0. It exhibits a momentum score of 7.0, indicating a positive price trend, but a value score of 0.0, suggesting it is currently expensive.

Dividend history

Cardinal Health has a consistent dividend payment record, extending its streak of increases to 21 consecutive years, earning it a "Contender" tier status. The dividend has experienced modest growth, with a 3-year compound annual growth rate (CAGR) of 0.83% and a 5-year CAGR of 0.91%. The company distributes dividends quarterly. Annual dividend payments have risen from USD 1.372 in 2014 to USD 1.944 in 2020, and further to USD 2.024 for 2024. Based on its 5-year CAGR, the dividend doubling time is 79.2 years.