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Thursday, June 13, 2024

UnitedHealth Dividend Increase

On 7 June, UnitedHealth (UNH) increased its quarterly dividend by 11.7%, from $1.88 to $2.10 per share.

The dividend will be paid on 25 June to shareholders of record on 17 June. The ex-dividend date is 17 June.

UNH's contribution to DivGro's projected annual dividend income will increase by $44 to $420.

I own 50 shares of UNH at an average cost basis of $234.48 per share. Following this increase, my yield on cost is 3.58%. (UNH's forward yield is 1.73% at $486.32 per share). 

Since I opened my UNH position in January 2014, the stock has produced annualized total returns of 27%, including $1,541.83 in dividend income. 

UNH became DivGro's 8th Home Run stock in April 2017, when the stock doubled my original capital outlay.

5-Year History of Dividend Payouts by Ex-Date
201920202021202220232024
$4.14$4.83$5.60$6.40$7.29$8.18
20.00%16.67%15.94%14.29%13.91%12.21%
5-year DGR:16.14%14.59%

projected, assuming no further changes


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