Humana Inc.
HUMHealthcare · Stock · quarterly payer
Forward Yield
0.92%
Annual Dividend
$3.54
Payout Ratio
33%
5-Yr Growth
7.2%
Ex-Date
Oct 30, 2026
Frequency
Quarterly
Summary
As of September 2026, Humana Inc. (HUM) yields 0.92% ($3.54 per share annually), with a blended fair-value estimate of $574.85 — +49% upside, so it screens as undervalued. Dividend safety grade: A (95/100).
Is HUM a good dividend stock?
YesHumana Inc. (HUM) pays a quarterly dividend yielding 0.92% ($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
- 0.92%
- Payout Ratio
- 33%
- Annual Dividend
- $3.54
- 5-Yr Avg Growth
- 7.2%
- Ex-Dividend Date
- Oct 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.74
- Market Cap
- $46.4B
- P/E Ratio
- 36.5
- 5-Yr Total Return
- -17%
- 52-Week Range
- $163.11 – $428.88
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
HUM Price — Last 12 Months
Daily close
Price Return
1 Year
+39%
3 Years
-26%
5 Years
-17%
52-Week Range
$163.11 – $428.88
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HUM worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Humana Inc. is $574.85 per share, versus a market price of $386.22. That implies 49% of upside — a margin of safety of about 33%.
Fair Value
$574.85
Current Price
$386.22
Upside
+49%
Margin of Safety
33%
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 3.6% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 26, 2026 | — | $0.8850 | regular |
| Mar 27, 2026 | — | $0.8850 | regular |
| Dec 26, 2025 | — | $0.8850 | regular |
| Sep 26, 2025 | — | $0.8850 | regular |
| Jun 27, 2025 | — | $0.8850 | regular |
| Mar 28, 2025 | — | $0.8850 | regular |
| Dec 31, 2024 | — | $0.8850 | regular |
| Sep 30, 2024 | — | $0.8850 | regular |
| Jun 28, 2024 | — | $0.8850 | regular |
| Mar 27, 2024 | — | $0.8850 | regular |
| Dec 28, 2023 | — | $0.8850 | regular |
| Sep 28, 2023 | — | $0.8850 | regular |
| Jun 29, 2023 | — | $0.8850 | regular |
| Mar 30, 2023 | — | $0.8850 | regular |
Income Calculator
At $3.54 / yr per share
