UnitedHealth Group Raises Quarterly Dividend by 20% to $1.08

Date : 06/05/2019 @ 12:27PM
Source : Dow Jones News
Stock : UnitedHealth Group Inc (UNH)
Quote : 238.59  18.0 (8.16%) @ 1:00AM

UnitedHealth Group Raises Quarterly Dividend by 20% to $1.08

UnitedHealth (NYSE:UNH)
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By Colin Kellaher

 

UnitedHealth Group Inc. (UNH) on Wednesday said its board raised the quarterly dividend by 20% to $1.08 from 90 cents.

The new payout, equal to $4.32 a year, represents an annual yield of about 1.79% based on Tuesday's closing price of $240.76, up from about 1.5%.

The health insurer said the increased dividend is payable June 25 to shareholders of record June 17.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

June 05, 2019 07:12 ET (11:12 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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