
Humana (HUM) Dividend
Humana Inc. · Healthcare · Healthcare Plans · quarterly payer
As of Nov 5, 2026, Humana (HUM) pays a quarterly dividend of $0.8850 per share, or $3.54 a year, a 0.85% yield at its $417.20 share price. The next ex-dividend date is Dec 24, 2026, paid Jan 29, 2027. It has a dividend safety grade of A.
Forward Yield
0.85%
Annual Dividend
$3.54
Payout Ratio
33%
5-Yr Growth
7.2%
Ex-Date
Dec 24, 2026
Frequency
Quarterly
Key facts about HUM's dividend
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Humana Inc. (HUM) has a forward dividend yield of 0.85%, based on an annual dividend of $3.54 per share and a share price of $417.20.
- As of Nov 5, 2026, HUM's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- HUM has never cut its regular dividend in the payment history SmarterDividends has on record.
- HUM's next ex-dividend date is Dec 24, 2026, with payment on Jan 29, 2027. Shares must be owned before that date to receive the dividend.
- As of Nov 5, 2026, HUM pays out 33% of its trailing 12-month earnings as dividends (its payout ratio).
- HUM's dividend has grown at an average rate of 7.2% a year over the past five years.
- As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HUM is $475.52 per share, 14% above the $417.20 share price, so HUM screens as fairly valued.
- Humana Inc. (HUM) pays its dividend quarterly, 4 times a year.
- Humana Inc. (HUM) has raised its regular dividend 21 times and cut it 0 times across the 107 payments on record since 1982. Its most recent change was a 12.3% increase to $0.885 per share, going ex-dividend on Mar 30, 2023.
- Humana (HUM) has declared its first higher dividend of the year in February in 3 of the last 5 years; its most recent raise, 12.3%, was declared on Feb 16, 2023.
Cite this page
SmarterDividends, "HUM Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HUM
Is HUM a good dividend stock?
YesHumana Inc. (HUM) pays a quarterly dividend yielding 0.85% ($3.54/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (33%)
- Strong 7.2% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 0.85%
- Payout Ratio
- 33%
- Annual Dividend
- $3.54
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Dec 24, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.64
- Market Cap
- $50.1B
- P/E Ratio
- 39.4
- 5-Yr Total Return
- -1%
- 52-Week Range
- $163.11 – $456.50
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
HUM dividend raises and cuts
Humana Inc. (HUM) has raised its regular dividend 21 times and cut it 0 times across the 107 payments on record since 1982. Its most recent change was a 12.3% increase to $0.885 per share, going ex-dividend on Mar 30, 2023.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 30, 2023 | Raise | $0.788 → $0.885 | +12.3% |
| Mar 30, 2022 | Raise | $0.700 → $0.788 | +12.6% |
| Mar 30, 2021 | Raise | $0.625 → $0.700 | +12.0% |
| Mar 30, 2020 | Raise | $0.550 → $0.625 | +13.6% |
| Mar 28, 2019 | Raise | $0.500 → $0.550 | +10.0% |
| Mar 28, 2018 | Raise | $0.400 → $0.500 | +25.0% |
| Mar 29, 2017 | Raise | $0.290 → $0.400 | +37.9% |
| Jun 26, 2015 | Raise | $0.280 → $0.290 | +3.6% |
| Jun 26, 2014 | Raise | $0.270 → $0.280 | +3.7% |
| Jun 26, 2013 | Raise | $0.260 → $0.270 | +3.8% |
| Jun 27, 2012 | Raise | $0.250 → $0.260 | +4.0% |
| Sep 25, 1991 | Raise | $0.225 → $0.225 | +0.1% |
Show all 21 changes since 1982
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 25, 1991 | Raise | $0.200 → $0.225 | +12.3% |
| Jun 26, 1990 | Raise | $0.173 → $0.200 | +15.4% |
| Jun 27, 1989 | Raise | $0.153 → $0.173 | +13.0% |
| Jun 27, 1988 | Raise | $0.133 → $0.153 | +15.0% |
| Jun 25, 1987 | Raise | $0.127 → $0.133 | +5.3% |
| Dec 27, 1985 | Raise | $0.113 → $0.127 | +11.8% |
| Dec 28, 1984 | Raise | $0.100 → $0.113 | +13.3% |
| Dec 28, 1983 | Raise | $0.0833 → $0.100 | +20.0% |
| Dec 29, 1982 | Raise | $0.0625 → $0.0833 | +33.3% |
Frequently Asked Questions
Is HUM a good dividend stock?
Yes. Humana Inc. (HUM) pays a quarterly dividend yielding 0.85% ($3.54/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is HUM undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HUM's fair value is about $475.52 versus a $417.20 share price — so it looks fairly valued (+14% vs. fair value).
Is HUM's dividend safe?
HUM has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is HUM's fair value?
Our blended fair-value estimate for HUM is about $475.52 per share, roughly 14% above the current $417.20 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is HUM a buy, hold, or sell?
We don't issue formal ratings, but on the data HUM screens as "yes" and fairly valued. Humana Inc. (HUM) pays a quarterly dividend yielding 0.85% ($3.54/yr), with 0 years of growth and a dividend-safety grade of A. 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 HUM cut its dividend?
HUM earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does HUM pay a dividend?
Yes. Humana Inc. pays a quarterly dividend of about $3.54 per share annually, a forward yield of roughly 0.85%.
How much dividend does 100 shares of HUM pay?
At $3.54 per share a year, 100 shares of HUM pay $354.00 a year in dividends before tax, about $88.50 each quarter. Buying them costs about $41,720 at the Nov 5, 2026 price.
What is HUM's dividend yield?
As of Nov 5, 2026, HUM's forward dividend yield is 0.85%, based on a $3.54 annual dividend and a $417.20 share price.
What is HUM's dividend per share?
As of Nov 5, 2026, HUM pays $3.54 per share per year, distributed on a quarterly basis.
What is HUM's dividend payout ratio?
As of Nov 5, 2026, HUM's payout ratio is 33% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has HUM grown its dividend?
HUM does not currently have a long dividend-growth streak on record.
When is the next HUM ex-dividend date?
As of Nov 5, 2026, the next ex-dividend date on record for HUM is Dec 24, 2026.
HUM Price — Last 12 Months
Daily close
Price Return
1 Year
+69%
3 Years
-15%
5 Years
-1%
52-Week Range
$163.11 – $456.50
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HUM worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Humana Inc. is $475.52 per share, versus a market price of $417.20. That implies the stock is roughly fairly priced.
Fair Value
$475.52
Current Price
$417.20
Gap
+14%
Margin of Safety
12%
How we get there
Discounted cash flow
Discounts projected free cash flow 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 4.8% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $10.58 EPS, $3.54 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HUM Dividend Safety Score
Very 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 HUM dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 30, 2026 | Nov 27, 2026 | $0.8850 | regular |
| Jun 26, 2026 | Jul 31, 2026 | $0.8850 | regular |
| Mar 27, 2026 | Apr 24, 2026 | $0.8850 | regular |
| Dec 26, 2025 | Jan 30, 2026 | $0.8850 | regular |
| Sep 26, 2025 | Oct 31, 2025 | $0.8850 | regular |
| Jun 27, 2025 | Jul 25, 2025 | $0.8850 | regular |
| Mar 28, 2025 | Apr 25, 2025 | $0.8850 | regular |
| Dec 31, 2024 | Jan 31, 2025 | $0.8850 | regular |
| Sep 30, 2024 | Oct 25, 2024 | $0.8850 | regular |
| Jun 28, 2024 | Jul 26, 2024 | $0.8850 | regular |
| Mar 27, 2024 | Apr 26, 2024 | $0.8850 | regular |
| Dec 28, 2023 | Jan 26, 2024 | $0.8850 | regular |
| Sep 28, 2023 | Oct 27, 2023 | $0.8850 | regular |
| Jun 29, 2023 | Jul 28, 2023 | $0.8850 | regular |
Income Calculator
At $3.54 / yr per share
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