UnitedHealth Group Incorporated (NYSE:UNH) to Issue Quarterly Dividend of $2.32

UnitedHealth Group Incorporated (NYSE:UNH) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Monday, September 14th will be paid a dividend of 2.32 per share by the healthcare conglomerate on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Monday, September 14th.

UnitedHealth Group has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 15 consecutive years. UnitedHealth Group has a dividend payout ratio of 35.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect UnitedHealth Group to earn $22.42 per share next year, which means the company should continue to be able to cover its $9.28 annual dividend with an expected future payout ratio of 41.4%.

UnitedHealth Group Price Performance

NYSE:UNH traded up $3.54 during trading hours on Wednesday, reaching $405.73. 3,315,832 shares of the company were exchanged, compared to its average volume of 8,027,258. The company has a market capitalization of $368.46 billion, a P/E ratio of 26.11, a P/E/G ratio of 1.42 and a beta of 0.62. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.78 and a quick ratio of 0.80. The business has a 50 day moving average of $415.13 and a 200 day moving average of $351.84. UnitedHealth Group has a 1-year low of $255.96 and a 1-year high of $461.62.

UnitedHealth Group (NYSE:UNH) last released its earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.94 by $1.44. The company had revenue of $112.03 billion for the quarter, compared to analyst estimates of $110.81 billion. UnitedHealth Group had a return on equity of 16.53% and a net margin of 3.14%.UnitedHealth Group’s quarterly revenue was up .4% on a year-over-year basis. During the same period in the prior year, the firm posted $4.08 EPS. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. Research analysts forecast that UnitedHealth Group will post 19.69 EPS for the current year.

Insider Activity

In other news, CEO Patrick Hugh Conway sold 500 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $410.00, for a total transaction of $205,000.00. Following the completion of the transaction, the chief executive officer directly owned 16,497 shares in the company, valued at approximately $6,763,770. This represents a 2.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.19% of the company’s stock.

Institutional Trading of UnitedHealth Group

A number of hedge funds have recently made changes to their positions in UNH. Sarver Vrooman Wealth Advisors acquired a new stake in UnitedHealth Group during the 4th quarter worth approximately $25,000. Anfield Capital Management LLC lifted its holdings in shares of UnitedHealth Group by 220.0% during the fourth quarter. Anfield Capital Management LLC now owns 80 shares of the healthcare conglomerate’s stock worth $26,000 after purchasing an additional 55 shares during the period. Joseph Group Capital Management acquired a new stake in UnitedHealth Group in the fourth quarter valued at $27,000. Nalls Sherbakoff Group LLC acquired a new position in UnitedHealth Group during the 4th quarter worth about $27,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in shares of UnitedHealth Group in the fourth quarter valued at about $29,000. 87.86% of the stock is owned by institutional investors and hedge funds.

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.