Cardinal Health Approves Increase To Quarterly Dividend From $0.5006 To $0.5056 Per Share
Portfolio Pulse from Benzinga Newsdesk
Cardinal Health (NYSE:CAH) has announced an increase in its quarterly dividend from $0.5006 to $0.5056 per share, payable on July 15, 2024, to shareholders of record as of July 1, 2024.
May 07, 2024 | 9:27 pm
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Cardinal Health announces a dividend increase from $0.5006 to $0.5056 per share, payable in July 2024.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. For Cardinal Health, this modest increase in its quarterly dividend could attract income-focused investors and potentially support the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100