Cardinal Health announced that its board of directors approved a 13 percent increase in the company's quarterly dividend to $0.3425 per share, or $1.37 per share on an annualized basis. The quarterly dividend is payable on July 15, 2014 to shareholders of record at the close of business on July 1, 2014.   

 

Headquartered in Dublin, Ohio, Cardinal Health, Inc. is a $101 billion health care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps pharmacies, hospitals, ambulatory surgery centers, clinical laboratories and physician offices focus on patient care while reducing costs, enhancing efficiency and improving quality. 

 

Cardinal Health is an essential link in the health care supply chain, providing pharmaceuticals and medical products and services to more than 100,000 locations each day and is also the industry-leading direct-to-home medical supplies distributor. 

 

The company is a leading manufacturer of medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, the company operates the nation's largest network of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease.