Cardinal Health CAH Stock - 4Q2019 Dividend Safety Update (Healthcare Stock Analysis)

In this video, we explore Cardinal Health's dividend safety. If you want to view our favorite safe dividend stocks, subscribe to our newsletter here: http://www.suredividend.com/subscribe/

To begin, let’s talk about Cardinal Health’s business model. Cardinal Health was founded in 1971 and is one of the largest healthcare supply companies. The company serves over 24,000 pharmacies in the U.S. and more than 85% of the country’s hospitals. Cardinal Health distributes branded and generic drugs and consumer products to hospitals and other healthcare providers. The company also distributes medical, surgical and laboratory equipment to hospitals, surgery centers and clinical labs. Cardinal Health has a market capitalization of $12.3 billion, with annual revenues of nearly $146 billion.

Cardinal Health is one of the world’s most popular dividend growth stocks. The company’s current dividend yield is 4.4%. Moreover, Cardinal Health is a consistent dividend grower.

In fact, the company has increased its annual dividend payment for 34 consecutive years. Because of this, Cardinal Health qualifies to be a member of the Dividend Aristocrat, an exclusive group of dividend stocks with more than 25 years of consecutive dividend increases. You can download our free list of Dividend Aristocrats here: https://www.suredividend.com/dividend-aristocrats-list/

Looking ahead, investors interested in owning Cardinal Health stock will likely be interested in the safety of the company’s dividend payment. In this video, we will discuss Cardinal Health's dividend safety from four perspectives:

1. it’s dividend safety in the context of its current earnings,
2. its dividend safety in the context of its current free cash flow,
3. its dividend safety in the context of its recession performance,
4. its dividend safety in the context of its current debt load.

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Видео Cardinal Health CAH Stock - 4Q2019 Dividend Safety Update (Healthcare Stock Analysis) канала Sure Dividend