PR Newswire
DUBLIN, Ohio, May 4, 2016
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 directors also approved a new authorization to repurchase up to $1 billion of
Cardinal Health common shares, which will expire on Dec. 31, 2019. The new share repurchase
program is in addition to the program approved in August 2014, of which $393
million remains available.
About Cardinal Health
Cardinal Health, Inc. (NYSE: CAH), a global health services and products company, brings scaled solutions that help
our customers thrive in a changing world. We improve the cost-effectiveness of healthcare through solutions that improve the
efficiency of the supply chain; optimize the process and performance of healthcare; provide clinically proven, daily use medical
products and pharmaceuticals; and connect patients, providers, payers, pharmacists and manufacturers for seamless care
coordination and better patient management. Backed by nearly 100 years of experience, we rank among the top 50 on the
Fortune 500 and among the Fortune Global 100. We support our partners with more than 37,000 employees in
nearly 60 countries worldwide. For more information, visit cardinalhealth.com and @CardinalHealth on
Twitter.
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SOURCE Cardinal Health