Cardinal Health: Solid Business But Overvalued
CAHCardinal Health(CAH) Seeking Alpha·2024-04-18 18:09

champpixs CAH is overvalued Cardinal Health (NYSE:CAH) caught our attention recently when we were screening for stocks with yields noticeably outside their normal range. And CAH really caught our attention because its dividend yield is currently way out of its historical range. As you can clearly see from the charts below, its current yield of 1.88% is among the lowest levels in at least 5 years. It is lower than its 5-year average yield of 3.25% by a whopping 42%, implying substantial overvaluation. Other ...