Cardinal Health Increases Their Dividend by 1% in 2021
Dividend Increase Announcement
On May 6th, Cardinal Health announced a dividend increase of 1%. This will increase their dividend per quarter from $0.4859 to $0.4908. It is payable on July 15th for shareholders of record on July 1st. The new quarterly dividend represents an annualized dividend amount of $1.9632 per share as compared to the current annualized dividend amount of $1.9436 per share.
Cardinal Health Dividend Information
Annual Dividend: $1.9632
Dividend Yield: 3.23%
Dividend Growth History: 34 year
Dividend Increase Affect On More Dividends
I am currently holding 20.47 shares of Cardinal Health in the More Dividends portfolio. With this 1% increase it will add an additional $0.40 to my projected annual dividend income and this doesn’t even take into account the compounding factor!
Conclusion
Cardinal Health has been in my portfolio for some time now.
If I am being completely honest, I would have to review the company to have a true point of view on them.
So currently, I would just continue to hold the position until I felt better educated on what I should do with it.
Regardless of how large or small, I love all dividend increases. That is how we end up with More Dividends 😉
Do you currently hold any stock in Cardinal Health? What do you think of this dividend increase? Just let me know in the comments.
As always I look forward to reading all of your comments and questions, until then….. happy investing!
-Jason from MoreDividends.com
Be sure and follow me on your favorite social media platform:
MoreDividendsdotcom on Facebook
@MoreDividends on Twitter
If you would like to receive an email whenever I publish a new article:
Awesome page with genuinely good material for readers wanting to gain some useful insights on that topic! But if you want to learn more, check out QH5 about Car Purchase. Keep up the great work!
As the Best Recruitment Agency in Saudi Arabia, we offer efficient and cost-effective solutions for finding top talent. Our expert team ensures a smooth hiring process, helping you build a strong workforce to drive your business forward.