Cardinal Health Trading Volume Drops 35% to 279th Place Despite Dividend Boost

On May 6, 2025, Cardinal Health (CAH) experienced a significant decline in trading volume, with a total of $311 million in shares traded, marking a 35.24% decrease from the previous day. This placed Cardinal Health at the 279th position in terms of trading volume for the day. The stock price of Cardinal Health also saw a slight decrease, closing at $0.20 lower than the previous day's closing price.

Cardinal Health has announced an increase in its quarterly dividend to $0.5107 per share. This marks the company's 28th consecutive year of dividend growth, reflecting its strong financial performance and commitment to returning value to shareholders. The dividend will be paid to shareholders of record on July 1, 2025.

Cardinal Health's strategic decision to increase its quarterly dividend by 1% underscores the company's focus on enhancing shareholder value. This move is part of Cardinal Health's ongoing efforts to maintain its position as a leading pharmaceutical and medical distribution company, serving a wide range of healthcare providers and patients.

Cardinal Health's dividend increase is expected to have a positive impact on the company's stock price, as it demonstrates the company's financial strength and commitment to its shareholders. The dividend increase is also likely to attract more investors, further boosting the company's stock performance.