Cardinal Health's quarterly dividend increases 10%

DUBLIN, Ohio — Healthcare services company Cardinal Health announced that its board of directors has approved an increase in the company's quarterly dividend to 21.5 cents per share, or 86 cents per share on an annualized basis.

The declared dividend marks a 10% increase above what the company has paid out since July 2010, and also marks the 107th consecutive regular quarterly dividend for Cardinal Health.

The regular quarterly dividend is payable on July 15 to shareholders of record on July 1.