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NEW YORK (

TheStreet

) -- The ex-dividend date for

Cardinal Health

(NYSE:

CAH

) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 24 cents per share. At a price of $40.78 as of 10 a.m. ET, the dividend yield is 2.3%.

The average volume for Cardinal Health has been 2.3 million shares per day over the past 30 days. Cardinal Health has a market cap of $14.42 billion and is part of the

services

sector and

wholesale

industry. Shares are up 2.6% year to date as of the close of trading on Monday.

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Cardinal Health, Inc. operates as a healthcare services company that provides pharmaceutical and medical products and services. The company operates in two segments, Pharmaceutical and Medical. The company has a P/E ratio of 14, equal to the average wholesale industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Cardinal Health as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

Cardinal Health Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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