UnitedHealth Group Incorporated to Issue Quarterly Dividend of $2.21 (NYSE:UNH)

UnitedHealth Group Incorporated (NYSE:UNH) announced a quarterly dividend on Friday, November 7th. Investors of record on Monday, December 8th will be given a dividend of 2.21 per share by the healthcare conglomerate on Tuesday, December 16th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, December 8th.

UnitedHealth Group has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 15 consecutive years. UnitedHealth Group has a dividend 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 Price Performance

Shares of UNH opened at $324.29 on Friday. The company has a market capitalization of $293.75 billion, a price-to-earnings ratio of 16.93, a price-to-earnings-growth ratio of 2.28 and a beta of 0.47. The business has a 50-day moving average of $345.84 and a 200-day moving average of $323.37. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.82 and a quick ratio of 0.85. UnitedHealth Group has a 1 year low of $234.60 and a 1 year high of $630.73.

UnitedHealth Group (NYSE:UNH) last issued its quarterly earnings results on Tuesday, October 28th. The healthcare conglomerate reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.05. UnitedHealth Group had a net margin of 4.04% and a return on equity of 19.23%. The firm had revenue of $113.16 billion for the quarter, compared to the consensus estimate of $113.19 billion. During the same quarter in the previous year, the company earned $7.15 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, equities research analysts anticipate that UnitedHealth Group will post 29.54 earnings per share for the current year.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.