Cardinal Health (CAH) Expands U.S. Distribution Network with New Indianapolis Facility

Core Insights - Cardinal Health, Inc. (NYSE:CAH) is recognized as one of the top defensive healthcare dividend stocks to invest in [1][2] - The company is expanding its U.S. distribution network with a new facility in Indianapolis, Indiana, aimed at modernizing its pharmaceutical distribution capabilities [3][4] Expansion Plans - On September 30, Cardinal Health announced plans to build a flagship forward distribution center in Indianapolis, which will utilize advanced automation and technology [3] - The new facility will support the distribution of over 70,000 pharmaceutical and specialty products across the U.S. daily [3] - The Indianapolis center is expected to be operational by fall 2027 and will create over 100 new jobs [4] Financial Performance - Cardinal Health has demonstrated financial consistency by increasing its dividend for 39 consecutive years [5] - The company currently offers a quarterly dividend of $0.5107 per share, resulting in a dividend yield of 1.33% as of October 14 [5]