UnitedHealth Group (UNH) Raises Quarterly Dividend 20% to $0.90; Renews 100M Share Buyback Plan
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UnitedHealth Group (NYSE: UNH) declared a quarterly dividend of $0.90 per share, or $3.6 annualized. This is a 20% increase from the prior dividend of $0.75. The dividend will be payable on June 26, 2018, to stockholders of record on June 18, 2018, with an ex-dividend date of June 15, 2018. The annual yield on the dividend is 1.5 percent.
The Board also renewed the Company’s Share Repurchase Program, authorizing the purchase over time of 100 million shares, or approximately 10 percent of the shares outstanding. This Board action replaces the June 2014 authorization, under which there were approximately 29 million shares remaining as of May 31, 2018.
For a dividend history and other dividend-related data on UnitedHealth Group (UNH) click here.
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