By Colin Kellaher

 

UnitedHealth Group on Wednesday said its board raised the quarterly dividend by 14%, to $1.88 from $1.65.

The new payout, equal to $7.52 a year, represents an annual yield of about 1.54% based on Tuesday's closing price of $487.57, up from 1.35%.

The Minnetonka, Minn., healthcare and insurance company said the increased dividend is payable June 27 to shareholders of record June 19.

 

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

 

(END) Dow Jones Newswires

June 07, 2023 07:14 ET (11:14 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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