UNH vs UTMD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, UNH and UTMD are closely matched. UNH offers the higher yield at 2.31%, UTMD has the higher dividend-safety score, and UTMD looks like the better value (its fair-value estimate is 50% above its share price).
Key facts: UNH vs UTMD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, UnitedHealth Group Incorporated (UNH) has the higher forward dividend yield at 2.31%, versus 1.66% for Utah Medical Products, Inc. (UTMD).
- As of Oct 18, 2026, SmarterDividends grades UNH's dividend safety A (89/100) and UTMD's A (96/100).
- By SmarterDividends' count as of Oct 18, 2026, UNH has raised its dividend for 16 consecutive years and UTMD for 21.
- As of Oct 18, 2026, UNH pays out 58% of its earnings as dividends and UTMD pays out 38%.
- As of Oct 18, 2026, UNH's fair-value estimate is 23% above its share price and UTMD's fair-value estimate is 50% above its share price, so UTMD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "UNH vs UTMD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/unh-vs-utmd
| Metric | UNH | UTMD |
|---|---|---|
| Forward yield | 2.31% | 1.66% |
| Annual dividend | $9.28 | $1.24 |
| Payout ratio | 58% | 38% |
| Years of growth | 16 yr | 21 yr |
| 5-yr dividend growth | 12.6% | 1.7% |
| 5-yr total return | -10% | -33% |
| Dividend safety score | 89 (A) | 96 (A) |
| Fair value estimate | $493.81 | $112.03 |
| Upside to fair value | +23% | +50% |
| Frequency | quarterly | quarterly |
| Market cap | $360.3B | $236.5M |
| P/E ratio | 25.8 | 22.7 |
Higher yield
UNH
2.31%
Safer dividend
UTMD
Grade A
Faster growth
UNH
12.6%
Better value
UTMD
+50% upside
UNH vs UTMD — FAQ
Is UNH or UTMD a better dividend stock?
UNH and UTMD are closely matched. UNH has the higher yield; UTMD scores better on safety.
Which has a higher dividend yield, UNH or UTMD?
UNH has the higher forward dividend yield at 2.31%, versus 1.66% for UTMD.
Is UNH or UTMD safer?
UTMD has the higher dividend-safety score (96/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is UNH or UTMD better value right now?
As of Oct 18, 2026, UTMD looks like the better value: its fair-value estimate is 50% above its share price (undervalued). For UNH, its fair-value estimate is 23% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.