On June 3, UnitedHealth Group (UNH) increased its dividend by 4.98%, from $2.21 to $2.32 per share.
The dividend is payable on June 23 to shareholders of record on June 15.
UNH's contribution to DivGro's projected annual dividend income will increase by $10.56 to $222.72.
Created by the author
I own 24 shares of UNH at an average cost basis of $120.72 per share. Following this increase, my yield on cost is 7.69%. (The stock's forward yield is 2.32% at $399.47 per share.)
Since I opened my position in January 2014, the stock has delivered a total return of 278%, including dividends of $1,365.31. That's a splendid annualized rate of return of 14.2%!
UNH became DivGro's 8th Home Run stock in April 2017, when it doubled the original capital outlay.
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $5.600 | $6.400 | $7.290 | $8.180 | $8.730 | ⬆ | $9.170✝ |
| 15.94% | 14.29% | 13.91% | 12.21% | 6.72% | ⬇ | 5.04% |
| 5-year DGR: | 12.57% | ⬇ | 10.37% | |||
✝projected, assuming no further changes
Created by the author
My quality model marks UNH at 6.1. Seeking Alpha rates UNH's dividend grade A+, near the top of their quant scale. On the Credit factor, UNH scores 7.0.
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