Cardinal Health Dividend yield

 Price  87.33
 Dividend  2.00
 Earnings  2.10
 Cash-flow  11.05
 Book value  -11.05
 Equity  0.00

Cardinal Health is part of Food and Drug Retailers business, which is part of Consumer Services industry. Cardinal Health is a company from USA, and his stocks are publicly traded.

Cardinal Health stock dividend

Cardinal Health paid a total dividend of 516 million USD last year, for a market value of 22,531 millions (Market Cap 22,485 millions). Cardinal Health dividend per share is 2.00 USD, and his stock market price 87.33 USD.

According to the chart below, where dividend yield is displayed, Cardinal Health has a dividend yield of 2.29%, which is lower than the amount offered by the market average , but bigger than Consumer Services industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Cardinal Health stocks dividend with other Food and Drug Retailers companies or other of the best USA dividend stocks list.

Dividend yield of Cardinal Health

Cardinal Health Dividend Payout

About the ability of Cardinal Health to maintain his current dividend of USD 2.00 per share, an amount that accounts for 2.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cardinal Health payout on ernings is currently 95.24%, which is higher than the market average, and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures show that Cardinal Health can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Cardinal Health is USD 11.05 per share, which is higher than the dividend per share paid by the company of USD 2.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Cardinal Health, compared againt world market average, USA companies, Consumer Services industry and Food and Drug Retailers sector companies.

Cardinal Health payout

Cardinal Health Dividend History

Below you will find a table with the historical evolution of Cardinal Health's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  USD  Paypout  Shares* 

*In millions

Then you can see the evolution of Cardinal Health dividend stock, and compare it with the average of USA stocks and that of the Food and Drug Retailers stocks.

Cardinal Health stock dividend history

Cardinal Health Stock performance

Finally, last moth Cardinal Health showed a return of -4.50% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 23.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Food and Drug Retailers firms.

Cardinal Health stock and market return