Cardinal Health provides solutions to the health care industry.
Photo: Flickr.com/Ged Carroll

About Cardinal Health

Cardinal Health supplies pharmaceuticals and medical devices to health care providers and clinical laboratories throughout the United States and Canada including physicians’ offices, hospitals and ambulatory care centers.  Cardinal Health is divided into two business lines: the Pharmaceutical Segment and the Medical Segment.  The Pharmaceutical segment provides site-specific deliveries to health care providers and health care facilities.  The Medical segment manufactures high volume disposable products such as gloves, scrubs, gowns, etc.  The Medical segment also delivers medical and surgical products to health care facilities, and also conducts surgical kitting operations where multiple products are assembled into a single disposable surgical kit for the health care provider.  Cardinal Health has over 30,000 employees worldwide.

The company is a member of the S&P 500 index and is traded under the ticker symbol CAH.

Cardinal Health’s Dividend and Stock Split History

Cardinal Health has an outstanding record of dividend growth, having compounded its dividend payout by more than 15% a year over the last 10 years.

Cardinal Health has increased its annual dividends since 1985.  The company usually announces annual dividend increases in May, with the stock going ex-dividend in June.

Cardinal Health has compounded its payout at an average rate of 13.7% over the last 5 years and 15.1% over the last 10 years.

CAH has split its stock six times.  3 for 2 splits were announced in December 1996, October 1998 and April 2001 while 5 for 4 splits were announced in September 1989, September 1991 and June 1994.  A single share purchased prior to June 1994 would have split into 6.59 shares.

Direct Purchase and Dividend Reinvestment Plans

CAH does not have either a direct stock purchase or a dividend reinvestment plan.  The easiest way for individual investors to purchase the stock is through their stock broker, and most brokers can automatically reinvest dividends with either no fee or, at most, a minimal fee.

Helpful Links

Cardinal Health Investor Relations Website

Current quote and financial summary for Cardinal Health (finviz.com)