Cardinal Health Inc. announced a regular quarterly dividend of $0.387 per share, a 13 percent increase from the prior rate of $0.343 per share. The dividend will be paid at the new higher rate on July 15, 2015, to shareholders of record at close of business on July 1, 2015. Cardinal Health Inc. is a member of the Top 100 dividend growth candidates.
Analysis of Valuation of Cardinal Health Inc. (Symbol CAH).
Cardinal Health is trading below its average price/sales (P/S) range. Cardinal Health is trading below its average dividend yield range.
|Price 05/07/15||% Yield||5 Year Div. Growth Rate||SPS 2015||P/S Ratio||10 yr P/S Low||10 yr P/S High||5 yr max Yield %||5 yr lowest Yield %|
Cardinal Health Dividend Yield Chart (Click to enlarge)
Explanation: Dividend growth stocks may be valued upon historical relative price/sales and current yield analysis. Dividend stocks trading at a low historical price/sales (P/S) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/S ratio stocks. Max P/S price target is based upon company reaching its highest historical P/S ratio. Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years.
Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles