UnitedHealth Group Incorporated (NYSE:UNH – Get Free Report) declared a quarterly dividend on Tuesday, February 24th. Shareholders of record on Monday, March 9th will be paid a dividend of 2.21 per share by the healthcare conglomerate on Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Monday, March 9th.
UnitedHealth Group has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. UnitedHealth Group has a payout ratio of 33.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect UnitedHealth Group to earn $33.22 per share next year, which means the company should continue to be able to cover its $8.84 annual dividend with an expected future payout ratio of 26.6%.
UnitedHealth Group Stock Performance
NYSE:UNH opened at $286.86 on Friday. The firm has a 50-day moving average of $308.28 and a two-hundred day moving average of $325.68. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.79 and a quick ratio of 0.82. The stock has a market cap of $260.38 billion, a P/E ratio of 21.75, a PEG ratio of 1.33 and a beta of 0.41. UnitedHealth Group has a 1-year low of $234.60 and a 1-year high of $606.36.
About UnitedHealth Group
UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.
UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.
Featured Stories
- Five stocks we like better than UnitedHealth Group
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Unlocked: Elon Musk’s Next Big IPO
- Elon Musk already made me a “wealthy man”
Receive News & Ratings for UnitedHealth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UnitedHealth Group and related companies with MarketBeat.com's FREE daily email newsletter.
