This morning, Cardinal Health (NYSE:CAH) declared its quarterly dividend of 21.5 cents per share, an increase of about 10% over it's prior dividend. Based on the current stock price, investors can expect a yield of about 1.9% going forward.
Shares of Cardinal Health were lower on Wednesday, falling 0.4% with the general markets.
In other dividend news, Plum Creek Timber (PCL) maintained its quarterly dividend of 42 cents per share. And Windstream (NASDAQ:WIN) maintained its quarterly dividend of 25 cents per share.
Among dividend reductions, KKR (NYSE:KKR) announced its quarterly dividend of 21 cents per share, a decrease of about 28% from its prior dividend in March of 29 cents. And Baltic Trading (BALT) announced its quarterly dividend of 6 cents per share, a decrease of about 65% from its prior dividend in March of 17 cents.
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