Feb 7, 2019

Stock Buy - CAH (20 shares, $38 div income)

Cardinal Health, Inc. ( NYSE: CAH) distributes pharmaceuticals and medical products, manufactures medical and surgical products, including gloves, surgical apparel and fluid management products and operates the largest network of radiopharmacies in the U.S.

The company stock has stalled since 2015 but recent improved earnings is hopefully a good sign of things to come. I'm going to "skate where the puck is" and collect that 3+% div while waiting patiently for the full recovery.

This purchase will add $38 div income annually to my dividend stock portfolio ๐Ÿ’ช
DIVIDEND YIELD (FWD)ANNUAL PAYOUT (FWD)PAYOUT RATIO5 YEAR GROWTH RATEDIVIDEND GROWTH
3.75%$1.9138.08%9.85%24 Years


Disclaimer: All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.

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