Cardinal Health, Inc. (CAH) has raised its dividend, although not at an especially high rate. The next dividend payment will be 10% higher than the first payment I received early 2017. That rate of increase translates into a 7% annualized increase. Over the past year, the increase is 6%
While the dividend payments have moved up slightly, the value of the shares has actually declined in the time that I have owned CAH.
If CAH continues to grow its dividend at such a slow pace, it will likely have to be sold to be replaced by another security in the nP portfolio. But at its current valuation, CAH is not a candidate to sell.
No comments:
Post a Comment