
Cigna Group (CI) Dividend
The Cigna Group · Healthcare · Healthcare Plans · quarterly payer
As of Nov 5, 2026, Cigna Group (CI) pays a quarterly dividend of $1.56 per share, or $6.24 a year, a 2.04% yield at its $310.94 share price. The next ex-dividend date is Dec 3, 2026, paid Dec 17, 2026. It has raised its dividend 5 years in a row and has a dividend safety grade of B.
Forward Yield
2.04%
Annual Dividend
$6.24
Payout Ratio
25%
5-Yr Growth
106.7%
Ex-Date
Dec 3, 2026
Frequency
Quarterly
Key facts about CI's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Cigna Group (CI) has a forward dividend yield of 2.04%, based on an annual dividend of $6.24 per share and a share price of $310.94.
- As of Nov 5, 2026, CI's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, The Cigna Group (CI) has raised its dividend for 5 consecutive years as of Nov 5, 2026.
- CI last cut its regular dividend in 2004.
- CI's next ex-dividend date is Dec 3, 2026, with payment on Dec 17, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, CI pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Nov 5, 2026, CI's 2.04% yield is 15% above its five-year average yield of 1.77%.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for CI is $643.14 per share, 107% above the $310.94 share price, so CI screens as undervalued.
- The Cigna Group (CI) pays its dividend quarterly, 4 times a year.
- The Cigna Group (CI) has raised its regular dividend 21 times and cut it 1 time across the 139 payments on record since 1982. Its most recent change was a 3.3% increase to $1.56 per share, going ex-dividend on Mar 5, 2026. The last cut went ex-dividend on Jun 10, 2004.
- Cigna (CI) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 3.3%, was declared on Feb 5, 2026.
Cite this page
SmarterDividends, "CI Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/CI
Is CI a good dividend stock?
YesThe Cigna Group (CI) pays a quarterly dividend yielding 2.04% ($6.24/yr), with 5 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (25%)
- Strong 106.7% 5-yr dividend growth
- 55% total price return over 5 years
Risks
- Cut its dividend in 2004
Key Data
- Dividend Yield
- 2.04%
- Payout Ratio
- 25%
- Annual Dividend
- $6.24
- 5-Yr Avg Growth
- 106.7%
- Ex-Dividend Date
- Dec 3, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.25
- Market Cap
- $82.2B
- P/E Ratio
- 12.9
- 5-Yr Total Return
- 55%
- 52-Week Range
- $239.51 – $316.27
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2004)
CI dividend raises and cuts
The Cigna Group (CI) has raised its regular dividend 21 times and cut it 1 time across the 139 payments on record since 1982. Its most recent change was a 3.3% increase to $1.56 per share, going ex-dividend on Mar 5, 2026. The last cut went ex-dividend on Jun 10, 2004.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 5, 2026 | Raise | $1.51 → $1.56 | +3.3% |
| Mar 5, 2025 | Raise | $1.40 → $1.51 | +7.9% |
| Mar 5, 2024 | Raise | $1.23 → $1.40 | +13.8% |
| Mar 7, 2023 | Raise | $1.12 → $1.23 | +9.8% |
| Mar 8, 2022 | Raise | $1.00 → $1.12 | +12.0% |
| Mar 9, 2021 | Raise | $0.0400 → $1.00 | +2400.0% |
| Mar 7, 2008 | Raise | $0.0100 → $0.0400 | +300.0% |
| Jun 8, 2007 | Raise | $0.0083 → $0.0100 | +20.0% |
| Jun 10, 2004 | Cut | $0.110 → $0.0083 | −92.4% |
| Mar 11, 2002 | Raise | $0.107 → $0.110 | +3.1% |
| Mar 9, 2001 | Raise | $0.103 → $0.107 | +3.2% |
| Mar 9, 2000 | Raise | $0.100 → $0.103 | +3.3% |
Show all 22 changes since 1983
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 10, 1999 | Raise | $0.0960 → $0.100 | +4.2% |
| Jun 10, 1998 | Raise | $0.0956 → $0.0960 | +0.5% |
| Mar 11, 1998 | Raise | $0.0922 → $0.0956 | +3.6% |
| Mar 11, 1997 | Raise | $0.0889 → $0.0922 | +3.7% |
| Mar 11, 1996 | Raise | $0.0844 → $0.0889 | +5.3% |
| Mar 7, 1990 | Raise | $0.0822 → $0.0844 | +2.7% |
| Mar 7, 1988 | Raise | $0.0778 → $0.0822 | +5.7% |
| Mar 9, 1987 | Raise | $0.0722 → $0.0778 | +7.7% |
| Mar 7, 1984 | Raise | $0.0689 → $0.0722 | +4.8% |
| Mar 7, 1983 | Raise | $0.0639 → $0.0689 | +7.8% |
Frequently Asked Questions
Is CI a good dividend stock?
Yes. The Cigna Group (CI) pays a quarterly dividend yielding 2.04% ($6.24/yr), with 5 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is CI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, CI's fair value is about $643.14 versus a $310.94 share price — so it looks undervalued (+107% vs. fair value).
Is CI's dividend safe?
CI has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2004, debt and yield-versus-history.
What is CI's fair value?
Our blended fair-value estimate for CI is about $643.14 per share, roughly 107% above the current $310.94 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is CI a buy, hold, or sell?
We don't issue formal ratings, but on the data CI screens as "yes" and undervalued. The Cigna Group (CI) pays a quarterly dividend yielding 2.04% ($6.24/yr), with 5 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will CI cut its dividend?
CI earns a dividend-safety grade of B (79/100), and has cut its dividend before (last in 2004). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does CI pay a dividend?
Yes. The Cigna Group pays a quarterly dividend of about $6.24 per share annually, a forward yield of roughly 2.04%.
How much dividend does 100 shares of CI pay?
At $6.24 per share a year, 100 shares of CI pay $624.00 a year in dividends before tax, about $156.00 each quarter. Buying them costs about $31,094 at the Nov 5, 2026 price.
What is CI's dividend yield?
As of Nov 5, 2026, CI's forward dividend yield is 2.04%, based on a $6.24 annual dividend and a $310.94 share price.
What is CI's dividend per share?
As of Nov 5, 2026, CI pays $6.24 per share per year, distributed on a quarterly basis.
What is CI's dividend payout ratio?
As of Nov 5, 2026, CI's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has CI grown its dividend?
As of Nov 5, 2026, CI has increased its dividend for 5 consecutive years.
When is the next CI ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for CI is Dec 3, 2026.
CI Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+13%
5 Years
+55%
52-Week Range
$239.51 – $316.27
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CI worth?
Undervaluedlow confidenceOur blended fair-value estimate for The Cigna Group is $643.14 per share, versus a market price of $310.94. That implies 107% of upside — a margin of safety of about 52%.
Fair Value
$643.14
Current Price
$310.94
Upside
+107%
Margin of Safety
52%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -6.1% annual free-cash-flow growth. We model 10.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 10.9% growth for five years fading to 2.5% over the next five, $24.19 EPS, $6.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full CI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 8, 2026 | Sep 23, 2026 | $1.5600 | regular |
| Jun 4, 2026 | Jun 18, 2026 | $1.5600 | regular |
| Mar 5, 2026 | Mar 19, 2026 | $1.5600 | regular |
| Dec 4, 2025 | Dec 18, 2025 | $1.5100 | regular |
| Sep 4, 2025 | Sep 18, 2025 | $1.5100 | regular |
| Jun 3, 2025 | Jun 18, 2025 | $1.5100 | regular |
| Mar 5, 2025 | Mar 20, 2025 | $1.5100 | regular |
| Dec 4, 2024 | Dec 19, 2024 | $1.4000 | regular |
| Sep 4, 2024 | Sep 19, 2024 | $1.4000 | regular |
| Jun 4, 2024 | Jun 20, 2024 | $1.4000 | regular |
| Mar 5, 2024 | Mar 21, 2024 | $1.4000 | regular |
| Dec 5, 2023 | Dec 21, 2023 | $1.2300 | regular |
| Sep 5, 2023 | Sep 21, 2023 | $1.2300 | regular |
| Jun 6, 2023 | Jun 22, 2023 | $1.2300 | regular |
Income Calculator
At $6.24 / yr per share
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