Cardinal Health Trading Volume Plummets 43.71% to 350th Position

On May 19, 2025, Cardinal Health (CAH) experienced a significant decline in trading volume, with a total of $243 million in shares traded, marking a 43.71% decrease from the previous day. This placed Cardinal Health at the 350th position in terms of trading volume for the day. The stock price of Cardinal Health also decreased by 0.25%.

Cardinal Health has recently affirmed its dividend at $0.5056 per share. The company is scheduled to report its third-quarter 2025 results on May 1, 2025. This financial update will provide insights into the company's performance and future outlook.

Cardinal Health's third-quarter fiscal 2025 results were positively influenced by strong revenue growth in the Medical and Other segments. However, the expiration of the OptumRx contract had a negative impact on the company's overall performance. Despite this setback, Cardinal Health remains focused on strategic initiatives to drive growth and improve its market position.

Cardinal Health has also announced a 1% increase in its dividend, extending its streak of dividend increases to 29 years. This move demonstrates the company's commitment to returning value to its shareholders and maintaining a strong financial position.