On 2016-08-08, Cardinal Health, Inc. (NYSE:CAH) confirmed the dividend disbursement of $0.449 a share to shareholders as on record 2016-10-03. The firm will release dividend on 2016-10-15 while ex-dividend date is reported to be 2016-09-29.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cardinal Health, Inc. (NYSE:CAH) paid a total of $0.449 per share in dividends. This figure stood at $0.449 a share in the same period a year ago indicating a deviation of 13.8141%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $95.7 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $111 and $89, respectively.
Taking the mathematical rating formula, the price for Cardinal Health, Inc. (NYSE:CAH) stands at 1.91. Earnings Review Cardinal Health, Inc. (NYSE:CAH) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $1.22.
Coming to the quarter ending on 2016-06-30, Cardinal Health, Inc. (NYSE:CAH) recorded EPS of $1.14. The reported numbers came lower than the analysts’ estimates of $1.13, demonstrating a miss of $0.01 as against reported figures.
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