SmarterDividends
UNH

UnitedHealth Group Incorporated

UNH26 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

2.34%

Annual Dividend

$9.28

Payout Ratio

67%

5-Yr Growth

12.1%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

UNH Dividend Safety Score

88/ 100
Grade A

Very Safe

Dividend-growth streak27 consecutive years of growth
Cut historyCut its dividend in 1999
Earnings payout coverage67% of earnings paid out
Free-cash-flow coverage48% of free cash flow
Balance-sheet strengthDebt/equity of 0.74
Yield vs its historyYield is 1.5× its 5-yr average — elevated

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

Is UNH a good dividend stock?

Yes

UnitedHealth Group Incorporated (UNH) pays a quarterly dividend yielding 2.34% ($9.28/yr), with 26 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

  • Dividend Aristocrat — 26 consecutive years of growth
  • Strong 12.1% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 1999
  • Share price is down over the past 5 years

Key Data

Dividend Yield
2.34%
Payout Ratio
67%
Annual Dividend
$9.28
5-Yr Avg Growth
12.1%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
26
Frequency
quarterly
Beta
0.65
Market Cap
$360.1B
P/E Ratio
29.9
5-Yr Total Return
-0%
52-Week Range
$234.60 – $404.15
Dividend Safety
A · 88/100
Ever Cut?
Yes (1999)
UNH ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $9.28 / yr per share

Per payment (quarterly)$232.00
Annual$928.00
Monthly avg$77.33