Cardinal has raised its regular quarterly dividend every year since 1985, making it a dividend aristocrat. An important marker for income investors is a track record of dividend growth - and evidence that the growth will continue. Cardinal Health's (CAH) stock price has slumped nearly 40% over the last two years, driving its dividend yield to a record high of 4.4% in late 2018. Dividend aristocrats, such as Cardinal Health (CAH), have long been a staple in dividend growth investors’ portfolios, and for very good reason.. Cash flows are typically lumpy, but this looks like an appropriately conservative payout. While the pace of dividend growth has slowed, the starting yield is solid. Dividend cover of less than 1x suggests that the company can’t fund the payout from its current year earnings - and might be relying on other sources of funds to pay it. Cardinal Health Inc.’s current dividend yield of 3.54% is 10% just above its 5-year average. Cardinal Health, Inc. (NYSE:CAH) announced a quarterly dividend on Thursday, November 5th, Zacks reports. Cardinal Health Inc has a dividend cover of 1.41. Cardinal Health Inc has a dividend cover of 2.59. The company has increased its dividend for 34 years in a row, making it a member of the prestigious S&P500 Dividend Aristocrat group. Add CAH to your watchlist to be reminded of CAH's next dividend payment. Cardinal Health Dividend Yield is most likely to slightly decrease in the upcoming years. View 4,000+ financial data types. As a Dividend Aristocrat, Cardinal Health is likely to continue raising its dividend each year. An important marker for income investors is a track record of dividend growth - and evidence that the growth will continue. Both figures lead us to believe that there is confidence that Cardinal Healthcan maintain his current dividend. The dividend payout ratio has ticked up slightly, but it still represents less than 40% of profits. Cardinal Health’s cash payout ratio last year was 24%. 3. Dividend growth. The last year's value of Dividend Yield was reported at 0.037. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Cardinal Health Inc are: Cardinal Health has achieved an impressive dividend per share growth of 14% CAGR over the last decade. Yet based on revenue this healthcare company is the 21 st largest firm in the U.S.; ahead of names like Microsoft (MSFT), Procter & Gamble (PG), Johnson & Johnson (JNJ) and PepsiCo (PEP). Browse... View Full Chart Payout Ratio Chart . Cardinal Health payout on ernings is currently -17.96%, which is lower than the market average and companies of Consumer Services industry, which are 37.66% and 33.10% respectively. The ex-dividend date of this dividend is Thursday, December […] View Payout Ratio for CAH. The current TTM dividend payout for Cardinal Health (CAH) as of December 31, 2020 is $1.94 . Cardinal Health is a well-known dividend stock because of its compelling track record of dividend growth. That equates to an annual payout of $1.9436 per share, for a dividend yield of about 3.7% -- which is well above the 2% the typical S&P 500 stock pays. In this video, we perform a deep dive on Cardinal Health’s dividend safety. On November 22, 2017, I published an article titled: “Cardinal Health: A Dividend Aristocrat the Risk Is Already Priced In.”” At that time, Cardinal Health Inc (NYSE:CAH) was trading at approximately $56 per share and was paying a dividend of $1.81 representing a dividend yield of about 3.1%. This represents a $1.94 annualized dividend and a dividend yield of 3.63%. CAH Dividend Yield, History & Payout Ratio (Cardinal Health) Health Details: Cardinal Health pays an annual dividend of $1.94 per share, with a dividend yield of 3.61%.CAH's next quarterly dividend payment will be made to shareholders of record on Friday, January 15. Cardinal Health Inc (CAH) Dividend Growth by Quarter and Year, Annual and quarterly dividend payout - CSIMarket Cardinal Health Inc has a dividend cover of 2.59. Consistent dividend growth can be a pointer to companies that are carefully managing their payout policies - and rewarding their shareholders over time. The 5-year average dividend yield is 3.23% (see red-line in chart). Cardinal Health's current annual dividend of about $1.94 per share yields just under 3.7%, and the company's payout has risen every year since 2003. An important marker for income investors is a track record of dividend growth - and evidence that the growth will continue. The current dividend yield for Cardinal Health as of December 31, 2020 is 3.63% . The chart above shows that Cardinal Health and the two competitors are all trading at valuations below the broader market. 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