Cardinal Health CAH said Thursday its board has approved an increase in the company’s quarterly dividend to 50.06 cents a share. The company paid out 49.57 cents a share in the last quarter. The new dividend is payable July 15 to shareholders of record as of July 3. The stock was up 1% premarket and has gained 11% in the year to date, while the S&P 500 SPX has gained 8%.
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