Published on October 30, 2012 at 8:19 AM
Cardinal Health today announced that its board of directors has approved a 16 percent increase in the company's quarterly dividend to $0.275 per share, or $1.10 per share on an annualized basis.
The quarterly dividend is payable on Jan. 15, 2013, to shareholders of record at the close of business on Jan. 2, 2013.
The dividend increase is in addition to a 10.5 percent increase realized in July 2012. This action represents the company's continued commitment to total shareholder return through strategic investments for future growth, dividend payouts and share repurchase.
Source: Cardinal Health