03-31-2022
| USD/share | |
| Price | 56.70 |
| Dividend | 1.96 |
| Earnings | 3.83 |
| Cash-flow | 8.34 |
| Book value | 6.44 |
| Equity | 6.46 |
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 paid a total dividend of 543 million USD last year, for a market value of 15,706 millions (Market Cap 15,692 millions). Dividend per share of Cardinal Health is 1.96 USD, and his stock market price 56.70 USD.
According to the chart below, where dividend yield is displayed, Cardinal Health has a dividend yield of 3.46%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Cardinal Health dividend yield with other Food and Drug Retailers companies or firms from USA.
Cardinal Health Dividend Payout
About the ability of Cardinal Health to maintain his current dividend of USD 1.96 per share, an amount that accounts for 3.46%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cardinal Health payout on ernings is currently 51.17%, which is higher than the market average, and companies of Consumer Services industry, which are 38.25% and 25.53% 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 8.34 per share, which is higher than the dividend per share paid by the company of USD 1.96, 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 Dividend History
| Year | Yield | USD | Paypout | Shares* |
| Present | 3.46% | 1.96 | 51.17% | 277 |
| 2021 | 3.81% | 1.96 | 52.13% | 282 |
| 2020 | 3.63% | 1.94 | -17.75% | 292 |
| 2019 | 3.80% | 1.92 | 29.63% | 292 |
| 2018 | 4.27% | 1.90 | 0.00% | 298 |
| 2017 | 3.02% | 1.85 | 34.71% | 316 |
| 2016 | 2.53% | 1.80 | 32.20% | 319 |
| 2015 | 1.78% | 1.55 | 34.29% | 331 |
*In millions
Cardinal Health Stock performance
Finally, last moth Cardinal Health showed a return of 5.00% compared to a worldwide 1.12% average, and a 0.56% of Consumer Services firms. Over the last year, the company obtained a -6.70% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Food and Drug Retailers firms.
