Cardinal Health, Inc. (NYSE:CAH) is among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now, offering a quarterly dividend of $0.5107 per share and a yield of 1.32%. Serving over 90% of US hospitals, it has raised dividends for 39 consecutive years and shows potential for further growth.

With a strong reputation as a dividend payer, Cardinal Health (CAH) has raised its dividend for 39 straight years, with a payout ratio of only about one-fourth of this year’s expected earnings. Analysts predict almost 11% annual earnings growth over the next three to five years, supporting continued dividend expansion.

While Cardinal Health is seen as a solid investment, some believe certain AI stocks offer greater potential. For those seeking an undervalued AI stock with significant benefits from current trends, explore the free report on the best short-term AI stock.

Read more at Yahoo Finance: Why Cardinal Health (CAH) Stands Out Among Cheap Quarterly Dividend Stocks