Cardinal Health Announces Approval to $0.14 Per Share
DUBLIN, Ohio, May 7 /PRNewswire-FirstCall/ -- Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, today announced its board of directors has approved a 17 percent increase in the company's quarterly dividend, to $0.14 per share.
The regular quarterly dividend is payable on July 15 to shareholders of record on July 1. Cardinal Health has paid a 12-cents-per-share quarterly dividend since July 15, 2007 and has raised the dividend from $0.03 per share since 2005.
The dividend is the 95th consecutive regular quarterly dividend for Cardinal Health.
The company had approximately 357 million shares outstanding as of April 30.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is an $87 billion, global company serving the health care industry with products and services that help hospitals, physician offices and pharmacies reduce costs, improve safety, productivity and profitability, and deliver better care to patients. With a focus on making supply chains more efficient, reducing hospital-acquired infections and breaking the cycle of harmful medication errors, Cardinal Health develops market-leading technologies, including Alaris® IV pumps, Pyxis® automated dispensing systems, MedMinedTM electronic infection surveillance service, VIASYS® respiratory care products and the CareFusionTM patient identification system. The company also manufactures medical and surgical products and is one of the largest distributors of pharmaceuticals and medical supplies worldwide. Ranked No. 19 on the Fortune 500, Cardinal Health employs more than 40,000 people on five continents. More information about the company may be found at www.cardinalhealth.com.