Cardinal Health

Cardinal Health is one of the largest healthcare distributors in the United States, moving pharmaceuticals and medical products from manufacturers to pharmacies, hospitals and clinics, and also manufacturing its own line of medical supplies. It operates a high-volume, low-margin distribution model where efficiency and scale are decisive competitive advantages. Cardinal Health has raised its dividend for more than three decades, a long record supported by steady cash flow even as margins stay thin. The yield is low, so this is an income story built on reliability and consistent growth rather than headline payout, with the durable, essential nature of drug distribution underpinning the dividend.