Tuesday, November 8, 2016

Recent Buy - Cardinal Health, Inc. (CAH)

Yesterday on November 7, I Bought 20 shares of Cardinal Health, Inc. at $ 65.69 per share.

Cardinal Health, Inc. operates as a healthcare services and products company worldwide. The company’s Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare, specialty pharmaceutical, and consumer products to retailers, hospitals, and other healthcare providers. It offers distribution, inventory management, data reporting, new product launch support, and contract pricing and chargeback administration services to pharmaceutical manufacturers; pharmacy and medication therapy management, and patient outcomes services to hospitals, other healthcare providers, and payers; consulting, patient support, and other services to pharmaceutical manufacturers and healthcare providers. This segment also operates nuclear pharmacies and cyclotron facilities that manufacture, prepare, and deliver radiopharmaceuticals, as well as operates direct-to-patient specialty pharmacies; offers logistics, marketing, and other services; and repackages generic pharmaceuticals and over-the-counter healthcare products. The company’s Medical segment distributes a range of medical, surgical, and laboratory products and services to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers, as well as to patients in the home. This segment also develops, manufactures, and sources medical and surgical products comprising surgical drapes, and gowns and apparel; exam and surgical gloves; fluid suction and collection systems; cardiovascular and endovascular products; and wound care and orthopedic products, as well as assembles and offers sterile and non-sterile procedure kits. In addition, it offers supply chain services, including spend, distribution, and inventory management services to healthcare providers; and post-acute care management, and transition services and software to hospitals, other healthcare providers, and payers. The company was founded in 1979 and is headquartered in Dublin, Ohio.

CAH is a Dividend Contenders with a 20 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 13.1, 17.3 , 14.5 and 27.4. (DividendChampions.xls) After the last dividend increase declaration, Cardinal Health, Inc. now pays dividends of $ 0.45 per share normally in January, April, July and October.

If you are interested, you can read the latest analysis of Cardinal Health by Ben Reynolds at Sure Dividend here

Details of my purchase:

Some ratings for CAH:

    Yahoo:  Mean Recommendation 2.4, 1y Target Est $ 80.47
    Reuters: Mean Rating 2.42
    Morningstar:  (****) 

At today's exchange rate, this purchase 20 shares of CAH will increase € 24.28 ($ 26.82) of my expected annual net dividend income and will increase my portfolio's projected annual net dividend income to € 9,500.00. With purchase price $ 65.685 plus commission ($ 0.00) my starting yield on cost is 2.74%.

Click here to see my portfolio.

Full Disclosure: Long CAH 

Thanks for stopping by!


  1. Good buy DH. CAH has become a popular buy. The metrics all look good.

  2. great job. I also bought a few shares!