Cardinal Health (CAH) has disclosed crucial details regarding its upcoming dividend. The dividend announcement was made on May 5, 2025, with an ex-dividend date set for Jul 1, 2025, and the payment scheduled for Jul 15, 2025. Shareholders will receive a dividend of $0.511 per share, which is higher than the average of the last ten dividends, calculated at $0.227 per share. Previously, the company distributed a dividend of $0.506 per share on Apr 15, 2025. The type of dividend declared is cash dividend, as was the case previously.
Recently,
has been in the spotlight due to several noteworthy events affecting its market performance and operations. Over the past week, Cardinal Health's stock reached an all-time high of $166.33, marking a significant achievement for this healthcare services and products provider. Analysts have observed this peak as a testament to the company's strong market presence and robust fundamentals. They noted that Robert W. Baird had increased their price target for Cardinal Health shares from $156.00 to $170.00, reinforcing their "outperform" rating. Furthermore, the stock closed at $165.61 on Jun 27, 2025, showcasing a 1.14% increase from the previous trading session, thus outpacing the S&P 500's daily performance.
As of late, Cardinal Health continues to enhance the cost-effectiveness of healthcare solutions, logistics, and supplies, focusing on improving patient care while reducing expenses and boosting efficiency. Industry insiders have highlighted the company's commitment to providing customized solutions, which plays a crucial role in shaping its competitive advantage. Cardinal Health's recent trading volume experienced a notable decrease, dropping by 38.67% to $421 million on Jun 25, 2025. This shift in trading activity has sparked discussions among analysts about potential implications for future stock behavior.
In conclusion, Cardinal Health remains a focal point in the healthcare sector, with its upcoming dividend offering an attractive opportunity for investors. The ex-dividend date on Jul 1, 2025, serves as the last day for investors to purchase shares and qualify for the current dividend. Any acquisitions made after this date will not be eligible for the dividend payout this time around.
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