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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.
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(END) Dow Jones Newswires
June 05, 2019 07:12 ET (11:12 GMT)
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