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.
UnitedHealth (NYSE:UNH)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more UnitedHealth Charts.
UnitedHealth (NYSE:UNH)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more UnitedHealth Charts.