Cardinal Health (CAH) Raises Quarterly Dividend 15.8% to $0.4489; Approves $1B Stock Buyback

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Cardinal Health Board of Directors Approves Quarterly Dividend, Authorizes Share Repurchase Program

May 4, 2016 4:11 PM EDT

DUBLIN, Ohio, May 4, 2016 /PRNewswire/ -- Cardinal Health today announced that its board of directors approved a 16 percent increase in the company's quarterly dividend to $0.4489 per share, or $1.80 per share on an annualized basis. The quarterly dividend is payable on July 15, 2016, to shareholders of record at the close of business on July 1, 2015.    

The board of... More