UnitedHealth Group Incorporated (UNH) To Go Ex-Dividend on December 8th

UnitedHealth Group Incorporated (NYSE:UNH) declared 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) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, December 8th.

UnitedHealth Group has increased its dividend payment 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. Equities research 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 NYSE:UNH opened at $324.29 on Friday. The company’s fifty day moving average is $345.84 and its 200 day moving average is $322.64. The company has a quick ratio of 0.85, a current ratio of 0.82 and a debt-to-equity ratio of 0.71. UnitedHealth Group has a 52 week low of $234.60 and a 52 week high of $630.73. The stock has a market cap of $293.75 billion, a PE ratio of 16.93, a PEG ratio of 2.28 and a beta of 0.47.

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

About UnitedHealth Group

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.