Cardinal Health, Inc.
CAH39 yrs growthHealthcare · Stock · quarterly payer
Forward Yield
0.88%
Annual Dividend
$2.06
Payout Ratio
28%
5-Yr Growth
1.0%
Ex-Date
Oct 1, 2026
Frequency
Quarterly
Summary
As of September 2026, Cardinal Health, Inc. (CAH) yields 0.88% ($2.06 per share annually), with a blended fair-value estimate of $350.54 — +49% upside, so it screens as undervalued. Dividend safety grade: A (99/100). 39 years of dividend growth.
Is CAH a good dividend stock?
YesCardinal Health, Inc. (CAH) pays a quarterly dividend yielding 0.88% ($2.06/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 39 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (28%)
- 374% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.88%
- Payout Ratio
- 28%
- Annual Dividend
- $2.06
- 5-Yr Avg Growth
- 1.0%
- Ex-Dividend Date
- Oct 1, 2026
- Years of Growth
- 39
- Frequency
- quarterly
- Beta
- 0.52
- Market Cap
- $54.6B
- P/E Ratio
- 32.5
- 5-Yr Total Return
- 374%
- 52-Week Range
- $145.87 – $258.30
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
CAH Price — Last 12 Months
Daily close
Price Return
1 Year
+49%
3 Years
+170%
5 Years
+374%
52-Week Range
$145.87 – $258.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CAH worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Cardinal Health, Inc. is $350.54 per share, versus a market price of $234.57. That implies 49% of upside — a margin of safety of about 33%.
Fair Value
$350.54
Current Price
$234.57
Upside
+49%
Margin of Safety
33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -1.9% annual free-cash-flow growth. We model 11.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 11.0% stage-1 growth, 2.5% terminal growth, $7.22 EPS, $2.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CAH Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.5160 | regular |
| Apr 1, 2026 | — | $0.5110 | regular |
| Jan 2, 2026 | — | $0.5110 | regular |
| Oct 1, 2025 | — | $0.5110 | regular |
| Jul 1, 2025 | — | $0.5110 | regular |
| Apr 1, 2025 | — | $0.5060 | regular |
| Jan 2, 2025 | — | $0.5060 | regular |
| Oct 1, 2024 | — | $0.5060 | regular |
| Jul 1, 2024 | — | $0.5060 | regular |
| Mar 28, 2024 | — | $0.5010 | regular |
| Dec 29, 2023 | — | $0.5010 | regular |
| Oct 2, 2023 | — | $0.5010 | regular |
| Jun 30, 2023 | — | $0.5010 | regular |
| Mar 31, 2023 | — | $0.4960 | regular |
Income Calculator
At $2.06 / yr per share
