5 Best Dividend Stocks With Over 10 Years of Dividend Increases

2. Cardinal Health, Inc. (NYSE:CAH)

American healthcare services giant Cardinal Health, Inc. (NYSE:CAH) is one of the very few stocks that managed to not only survive this year but also thrive beyond expectations despite the rising inflation and interest rates. The stock is up more than 50% year to date. The company has increased its dividends consistently for the last 30 years. The stock is currently in the limelight after the company posted strong fiscal first quarter 2023 results. After the results, Bank of America upgraded the stock to Neutral from Underperform. BofA’s team of analyst, led by Michael Cherny, said that it expects the company’s core pharma distribution market to benefit from multiple factors, including stable volumes and potential near-term upside from the flu season.