Thursday, April 13, 2017

Recent Transfer: UnitedHealth Group


Founded in 1974 and based in Minnetonka, Minnesota, UnitedHealth Group Incorporated (UNH) is a diversified health and well-being company with core capabilities in clinical expertise, advanced technology and data and health information. The company provides medical benefits to customers in the United States and more than 125 other countries. UNH operates through four segments: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx.

UNH is a Dividend Challenger with a streak of 7 years of dividend increases. It pays quarterly dividends in March, June, September, and December. The current dividend is 62.5¢ per share, so UNH yields 1.52% at the recent share price of $162.96. UNH has an impressive 5-year DGR (dividend growth rate) of 31%.

I'm busy consolidating our investment portfolios by bringing all four IRA's we own into the DivGro fold. When completed, DivGro will be distributed over five different accounts, one trust account at Interactive Brokers and four IRA's at FolioInvesting.

This short article creates a record of past transactions and dividends received for UNH, a stock my wife owns in her traditional IRA. I decided to retain this stock for its growth prospects and to broaden my exposure in the Health Care sector.

Transactions


My wife owns 19 shares of UNH, which she bought in three lots from January 2014 through May 2016. Since these purchases, she's collected dividends totaling $110.93 for a payback of 6.79%:

2014-01-03Bought 13 shares of UNH at $75.32 per share:$979.16
2014-03-25Dividend on 13 shares at 28.0¢ per share:$3.64
2014-06-25Dividend on 13 shares at 37.5¢ per share:$4.88
2014-09-23Dividend on 13 shares at 37.5¢ per share:$4.88
2014-12-16Dividend on 13 shares at 37.5¢ per share:$4.88
2015-02-05Bought 6 shares of UNH at $109.07 per share:$654.42
2015-03-24Dividend on 19 shares at 37.5¢ per share:$7.13
2015-06-24Dividend on 19 shares at 50.0¢ per share:$9.50
2015-09-22Dividend on 19 shares at 50.0¢ per share:$9.50
2015-12-15Dividend on 19 shares at 50.0¢ per share:$9.50
2015-03-22Dividend on 19 shares at 50.0¢ per share:$9.50
2016-06-28Dividend on 19 shares at 62.5¢ per share:$11.88
2016-09-20Dividend on 19 shares at 62.5¢ per share:$11.88
2016-12-13Dividend on 19 shares at 62.5¢ per share:$11.88
2017-03-21Dividend on 19 shares at 62.5¢ per share:$11.88
                                               
           __

Total capital invested:
$
1,633.58

Total dividends received:
$
110.93

Commissions/fees/taxes:
$
3.00

With this transfer, DivGro's projected annual dividend income (PADI) increases by $47.50 and I'm adding $110.93 in past dividends to DivGro's total dividend income. The average YoC of these shares is 2.9%.

Thanks for reading! Do you own shares of UNH or do you have plans to buy shares? Please let me know in the comments below.

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