UnitedHealth Group: A Dividend-Paying Powerhouse
History of Dividends
UnitedHealth Group has a long history of paying dividends to its shareholders. The company began paying annual dividends in 1990 and transitioned to quarterly dividends in 1993.Quarterly Dividends
Since 1993, UnitedHealth Group has paid quarterly dividends to its shareholders. The dividend amount has increased steadily over the years, reflecting the company's consistent growth and profitability.In 2023, UnitedHealth Group announced a quarterly dividend of $1.88 per share, payable on June 27th to shareholders of record. This dividend represents a forward yield of approximately 1.65%.
Dividend Yield
The dividend yield of a stock is the annual dividend per share divided by the current share price. UnitedHealth Group's dividend yield has historically been above the average yield for the healthcare sector and the S&P 500 index. As of the date of this article, UnitedHealth Group's dividend yield is approximately 0.39%, based on a share price of $480.24.UnitedHealth Group's strong dividend yield makes it an attractive investment for income-oriented investors seeking stable and predictable returns.
Comments