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

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

UnitedHealth Group has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 15 years. UnitedHealth Group has a dividend payout ratio of 33.7% meaning its dividend is sufficiently covered by earnings. 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 Trading Up 0.8%

UnitedHealth Group stock traded up $2.73 during trading on Friday, reaching $324.29. The company had a trading volume of 9,369,901 shares, compared to its average volume of 12,336,547. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.85 and a current ratio of 0.82. The firm has a market capitalization of $293.75 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 2.28 and a beta of 0.47. UnitedHealth Group has a 12-month low of $234.60 and a 12-month high of $630.73. The stock’s 50 day moving average price is $345.55 and its two-hundred day moving average price is $324.07.

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