The shareholder payout continues to be in robust health at UnitedHealth Group (NYSE:UNH). The company has declared its latest common stock dividend, which will be $0.28 per share paid on September 24 to shareholders of record as of September 13. That amount matches the firm's previous distribution, which was handed out at the end of June. Prior to that, UnitedHealth paid $0.2125 per share.
The company paid its first dividend in September 1990. Since then, the gross payout (unadjusted for stock splits) has ranged from $0.03 per share to the present level.
The just-declared dividend annualizes to $1.12 per share. That yields 1.5% at UnitedHealth's current stock price of $72.58.
Fool contributor Eric Volkman has no position in UnitedHealth Group. The Motley Fool recommends UnitedHealth Group. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.