UnitedHealth (UNH) hiked its dividend by a whopping 34% last week, proving again why UNH has a reputation for shareholder friendliness. Dividend boosts of 30%-plus are nothing to take lightly, but they’re almost routine for UNH stock. UnitedHealth raised its dividend by 32% last year and 31% the year before. UNH began paying regular quarterly dividends in 2010, and growing the dividend has quickly become an annual ritual.
After the most [recent] increase, UNH stock will pay $1.50 per share, which works out to a dividend yield of about 1.9%, roughly in line with the market average. Of course, UnitedHealth’s cash spend isn’t limited to dividends. UNH also has been a serial repurchase of its stock, reducing its share count by 30% since 2008. And UnitedHealth has the authorization in place to buyback another $100 million, or roughly 10% of the remaining shares of UNH stock outstanding.
Source: InvestorPlace
Related Articles:
- Why We Are Dividend Growth Investors
- 6 Dividend Growth Stocks With Very Little Debt
- What Determines A Dividend Stock's Yield
- Warren Buffett's Secret To 50% Returns
- 9 High-Yield Energy Stocks Growing Their Dividends
UnitedHealth Is a Dividend-Raising, Share-Repurchasing Machine
Posted by D4L | Tuesday, June 24, 2014 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.