Cardinal Health's Board of Directors has approved a 1% increase in its quarterly dividend, boosting it to $0.5107 per share. This decision marks a small yet steady rise from the previous dividend of $0.5056, continuing the company's strategy to offer value to its shareholders.
Shareholders can expect the new dividend to be disbursed on July 15, 2025, to those of record as of July 1, 2025. The dividend will be distributed from the company's capital surplus, indicating robust financial management and a focus on maintaining a steady return policy.
Reuters highlighted Cardinal Health's ongoing commitment to its investors, as demonstrated by this dividend increase. The move underscores the company's effort to sustain shareholder trust and enhance value through consistent financial strategies.