Why Cardinal Health (CAH) Stands Out Among Cheap Quarterly Dividend Stocks

Cardinal Health, Inc. (NYSE:CAH) is included among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now.

Cardinal Health, Inc. (NYSE:CAH) is a major distributor of branded and generic drugs, medical supplies, laboratory products, and supply chain services for healthcare providers. It serves more than 90% of hospitals in the US and has operations in over 30 countries.

Cardinal Health, Inc. (NYSE:CAH) is also well-regarded as a dividend payer, having raised its payout for 39 straight years, which makes it one of the best dividend stocks. With a payout ratio at only about one-fourth of this year’s expected earnings, there is significant room for further increases. Analysts anticipate earnings growth of nearly 11% annually over the next three to five years, which could support continued dividend expansion.

Cardinal Health, Inc. (NYSE:CAH) currently offers a quarterly dividend of $0.5107 per share and has a dividend yield of 1.32%, as of September 23.

While we acknowledge the potential of CAH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.