The dividend will be payable July 26. This marks Cerner’s first quarterly cash dividend and “reflects our confidence in the stability of our business and long-term growth prospects,” CFO Marc Naughton said in a press release.
Cerner expects to continue paying dividends each quarter, contingent on the company’s financial and operational standing.
Cerner has made several changes to its business model this year, first announcing a pivot from EHRs to “platforms” in January, then overhauling its board under an agreement with investor Starboard Value and making structural changes based on an internal and external review conducted in 2018.
More articles on EHRs and interoperability:
Viewpoint: Clinicians should use empathetic language when describing patients in the EHR
Cerner adds secure messaging platform to EHRs
Allegheny Health Network experiences EHR, IT systems disruption
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