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Data last updated: Jul 06, 2026
Snapshot (as of Jul 06, 2026): Cardinal Health, Inc. (CAH) pays a $2.05 annual dividend ($0.52 quarterly), yielding 0.86% at $238.94/share. Next ex-dividend date 2026-07-01. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.86%
Annual Dividend: $2.05 per share
Payout Ratio: 31.5%
Ex-Dividend Date: 2026-07-01
Dividend Frequency: quarterly
Sector: Healthcare
Years of Dividend History: 41
Cardinal Health, Inc. dividend pays $2.0479 per share annually, backed by a healthcare distribution and medical products business serving hospitals, pharmacies, and surgical centers across the U.S. and internationally. CAH currently yields 0.86%, paid quarterly, with the next ex-dividend date on July 1, 2026. The trailing annual dividend rate reflects actual TTM payments of $2.0479 per share. With a beta of 0.493, this is a low-volatility stock that appeals to income investors who prioritize capital preservation over yield size.
Cardinal Health, Inc. pays out 31.5% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain payments even if earnings come under pressure, and the company's role as a distributor of pharmaceuticals and supplier of essential medical products like surgical gloves, syringes, and wound care supplies points to recurring, non-discretionary demand. Cardinal Health, Inc. dividend safety faces its most visible pressure from the dividend history itself, which shows a negative CAGR over the available window, including at least one year-over-year decline exceeding 5%.
Cardinal Health, Inc. dividend history shows a CAGR of -9.7% per year from 2009 to 2025. Per-share payments moved from $10.4150 to $2.0326 over that period (with 2026 a partial year). The largest annual increase in the window was 22.5% in 2013, but the data also contains at least one decline exceeding 5%, and the consecutive years of dividend increases currently stands at just 1.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +0.9% | $1.98 (2022) | $2.03 (2025) |
| 5-Year | +0.9% | $1.94 (2020) | $2.03 (2025) |
| 10-Year | +3.1% | $1.50 (2015) | $2.03 (2025) |
CAH stock fits dividend investors who value a low-volatility income stream over a high headline yield. The yield is low (below 2%) at 0.86%, though that sits above the 5-year average of 0.79%, so the current rate is not historically cheap on a yield basis. The 31.5% payout ratio means the dividend is not stretched, but the negative long-term CAGR and a streak of only one consecutive annual increase limit the case for dividend growth. What an investor gets here is a conservatively structured payout from a company embedded in essential healthcare supply chains. What they give up is meaningful income or growth.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-01 | $0.5158 |
| 2026-04-01 | $0.5107 |
| 2026-01-02 | $0.5107 |
| 2025-10-01 | $0.5107 |
| 2025-07-01 | $0.5107 |
| 2025-04-01 | $0.5056 |
| 2025-01-02 | $0.5056 |
| 2024-10-01 | $0.5056 |
| 2024-07-01 | $0.5056 |
| 2024-03-28 | $0.5006 |
| Year | Total Dividends |
|---|---|
| 2026 | $1.5372 |
| 2025 | $2.0326 |
| 2024 | $1.5118 |
| 2023 | $1.9975 |
| 2022 | $1.9787 |
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