Broadcom Dividend Increase

UnitedHealth Group Dividend Increase


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.

Dividend Update

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.

5-Year History of Dividend Payouts by Ex-Date

202120222023202420252026
$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

Dividend Safety Profile

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.


Thanks for Reading!



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