Cardinal Health, Inc. (NYSE:CAH) is among the 11 Defensive Healthcare Dividend Stocks to Buy Now. The company announced plans to build a new flagship distribution center in Indianapolis, Indiana, using advanced technology to distribute over 70,000 pharmaceutical products daily. The facility will create over 100 new jobs and is expected to be operational by fall 2027.
Cardinal Health, Inc. (NYSE:CAH) has increased its dividend for 39 consecutive years, currently offering a quarterly dividend of $0.5107 per share with a yield of 1.33%. The company’s expansion plans highlight its commitment to efficiency and customer service. The Indianapolis facility will serve as a key logistics hub for Cardinal Health.
Read more at Yahoo Finance: Cardinal Health (CAH) Expands U.S. Distribution Network with New Indianapolis Facility