UnitedHealth Group (UNH) Dividend History & Yield
Dividend ContenderUnitedHealth Group (UNH) has increased its dividend for 17 consecutive years and currently yields 2.31%. The most recent dividend was $2.2100/share on Mar 17, 2026, paid Quarterly.
Current Yield
2.31%
TTM Dividend/Share
$8.84
Payment Frequency
Quarterly
Payout Ratio
66.8%
Consecutive Growth Years
17 (Dividend Contender)
Div Growth (1Y CAGR)
6.72%
Div Growth (5Y CAGR)
12.57%
Div Growth (10Y CAGR)
16.63%
UNH: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
14.9%
FCF payout ratio
10.2%
Net debt / EBITDA
2.2x
Interest coverage
4.76x
ROIC (TTM)
8.8%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 66.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($17.66) covers dividend/share ($8.84).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 10.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (12.6%) exceeds EPS growth (9.3%) — payout ratio expanding.
Per-payment dividend history
Ex-date Mar 9, 2026
- Payment date
- Mar 17, 2026
- Dividend
- $2.2100
- Adj. dividend
- $2.2100
Ex-date Dec 8, 2025
- Payment date
- Dec 16, 2025
- Dividend
- $2.2100
- Adj. dividend
- $2.2100
Ex-date Sep 15, 2025
- Payment date
- Sep 23, 2025
- Dividend
- $2.2100
- Adj. dividend
- $2.2100
Ex-date Jun 16, 2025
- Payment date
- Jun 24, 2025
- Dividend
- $2.2100
- Adj. dividend
- $2.2100
Ex-date Mar 10, 2025
- Payment date
- Mar 18, 2025
- Dividend
- $2.1000
- Adj. dividend
- $2.1000
Ex-date Dec 9, 2024
- Payment date
- Dec 17, 2024
- Dividend
- $2.1000
- Adj. dividend
- $2.1000
Ex-date Sep 16, 2024
- Payment date
- Sep 24, 2024
- Dividend
- $2.1000
- Adj. dividend
- $2.1000
Ex-date Jun 17, 2024
- Payment date
- Jun 25, 2024
- Dividend
- $2.1000
- Adj. dividend
- $2.1000
Ex-date Mar 8, 2024
- Payment date
- Mar 19, 2024
- Dividend
- $1.8800
- Adj. dividend
- $1.8800
Ex-date Dec 1, 2023
- Payment date
- Dec 12, 2023
- Dividend
- $1.8800
- Adj. dividend
- $1.8800
Ex-date Sep 8, 2023
- Payment date
- Sep 19, 2023
- Dividend
- $1.8800
- Adj. dividend
- $1.8800
Ex-date Jun 15, 2023
- Payment date
- Jun 27, 2023
- Dividend
- $1.8800
- Adj. dividend
- $1.8800
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Mar 9, 2026 | Mar 17, 2026 | $2.2100 | $2.2100 |
| Dec 8, 2025 | Dec 16, 2025 | $2.2100 | $2.2100 |
| Sep 15, 2025 | Sep 23, 2025 | $2.2100 | $2.2100 |
| Jun 16, 2025 | Jun 24, 2025 | $2.2100 | $2.2100 |
| Mar 10, 2025 | Mar 18, 2025 | $2.1000 | $2.1000 |
| Dec 9, 2024 | Dec 17, 2024 | $2.1000 | $2.1000 |
| Sep 16, 2024 | Sep 24, 2024 | $2.1000 | $2.1000 |
| Jun 17, 2024 | Jun 25, 2024 | $2.1000 | $2.1000 |
| Mar 8, 2024 | Mar 19, 2024 | $1.8800 | $1.8800 |
| Dec 1, 2023 | Dec 12, 2023 | $1.8800 | $1.8800 |
| Sep 8, 2023 | Sep 19, 2023 | $1.8800 | $1.8800 |
| Jun 15, 2023 | Jun 27, 2023 | $1.8800 | $1.8800 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
UnitedHealth Group has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 17 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $8.7300 | — | — |
| 2025 | $8.1800 | $8.7300 | +6.7% |
| 2024 | $7.2900 | $8.1800 | +12.2% |
| 2023 | $6.4000 | $7.2900 | +13.9% |
| 2022 | $5.6000 | $6.4000 | +14.3% |
| 2021 | $4.8300 | $5.6000 | +15.9% |
| 2020 | $4.1400 | $4.8300 | +16.7% |
| 2019 | $3.4500 | $4.1400 | +20.0% |
| 2018 | $2.8750 | $3.4500 | +20.0% |
| 2017 | $2.3750 | $2.8750 | +21.1% |
| 2016 | $1.8750 | $2.3750 | +26.7% |
| 2015 | $1.4050 | $1.8750 | +33.5% |
| 2014 | $1.0525 | $1.4050 | +33.5% |
| 2013 | $0.8000 | $1.0525 | +31.6% |
| 2012 | $0.6125 | $0.8000 | +30.6% |
| 2011 | $0.4050 | $0.6125 | +51.2% |
| 2010 | $0.0300 | $0.4050 | +1250.0% |
| 2009 | $0.0300 | $0.0300 | 0.0% |
| 2008 | $0.0300 | $0.0300 | 0.0% |
| 2007 | $0.0300 | $0.0300 | 0.0% |
| 2006 | $0.0150 | $0.0300 | +100.0% |
| 2005 | $0.0150 | $0.0150 | 0.0% |
| 2004 | $0.0075 | $0.0150 | +100.0% |
| 2003 | $0.0075 | $0.0075 | 0.0% |
| 2002 | $0.0075 | $0.0075 | 0.0% |
| 2001 | $0.0037 | $0.0075 | +100.0% |
| 2000 | $0.0010 | $0.0037 | +275.0% |
| 1999 | $0.0037 | $0.0010 | -73.3% |
| 1998 | $0.0037 | $0.0037 | 0.0% |
| 1997 | $0.0010 | $0.0037 | +275.0% |
| 1996 | $0.0037 | $0.0010 | -73.3% |
| 1995 | $0.0037 | $0.0037 | 0.0% |
| 1994 | $0.0004 | $0.0037 | +756.2% |
| 1993 | $0.0009 | $0.0004 | -53.3% |
| 1992 | $0.0002 | $0.0009 | +328.3% |
| 1991 | $0.0002 | $0.0002 | 0.0% |
| 1990 | — | $0.0002 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for UnitedHealth Group (UNH) from the consolidated cash flow statement, in USD as filed.
Latest period
$8.01B
YoY change
+5.1%
5Y CAGR
+11.5%
Peak year (2025)
$7.92B
Latest annual
$7.92B
Cash dividends paid over time for UnitedHealth Group (UNH)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for UnitedHealth Group (UNH)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $7.92B | +5.1% | +$383.00M | ||
| 2024 | $7.53B | +11.4% | +$772.00M | ||
| 2023 | $6.76B | +12.9% | +$770.00M | ||
| 2022 | $5.99B | +13.5% | +$711.00M | ||
| 2021 | $5.28B | +15.2% | +$696.00M | ||
| 2020 | $4.58B | +16.6% | +$652.00M | ||
| 2019 | $3.93B | +18.4% | +$612.00M | ||
| 2018 | $3.32B | +19.7% | +$547.00M | ||
| 2017 | $2.77B | +22.6% | +$512.00M | ||
| 2016 | $2.26B | +26.6% | +$475.00M | ||
| 2015 | $1.79B | +31.1% | +$424.00M | ||
| 2014 | $1.36B | +29.0% | +$306.00M | ||
| 2013 | $1.06B | +28.8% | +$236.00M | ||
| 2012 | $820.00M | +26.0% | +$169.00M | ||
| 2011 | $651.00M | +45.0% | +$202.00M | ||
| 2010 | $449.00M | +1147.2% | +$413.00M | ||
| 2009 | $36.00M | -2.7% | -$1.00M | ||
| 2008 | $37.00M | -7.5% | -$3.00M | ||
| 2007 | $40.00M | -2.4% | -$1.00M | ||
| 2006 | $41.00M | +115.8% | +$22.00M | ||
| 2005 | $19.00M | +5.6% | +$1.00M | ||
| 2004 | $18.00M | +100.0% | +$9.00M | ||
| 2003 | $9.00M | 0.0% | $0 | ||
| 2002 | $9.00M | 0.0% | $0 | ||
| 2001 | $9.00M | +80.0% | +$4.00M | ||
| 2000 | $5.00M | -16.7% | -$1.00M | ||
| 1999 | $6.00M | -82.4% | -$28.00M | ||
| 1998 | $34.00M | -2.9% | -$1.00M | ||
| 1997 | $35.00M | +2.7% | +$914,000 | ||
| 1996 | $34.09M | +556.5% | +$28.89M | ||
| 1995 | $5.19M | +12.2% | +$566,000 | ||
| 1994 | $4.63M | +120.3% | +$2.53M | ||
| 1993 | $2.10M | +110.0% | +$1.10M | ||
| 1992 | $1.00M | +11.1% | +$100,000 | ||
| 1991 | $900,000 | +12.5% | +$100,000 | ||
| 1990 | $800,000 | — | +$800,000 | ||
| 1989 | $0 | — | — |
In 2025, UnitedHealth Group (UNH) dividends paid totalled $7.92B – grew 5.1% year-over-year.
Over 2020–2025 (5 years), UnitedHealth Group dividends paid expanded at a +11.5% compound annual rate, sustaining 16 straight years of year-over-year growth.
$7.92B stands as the all-time-high annual dividends paid, posted in 2025, against a low of $0 during 1989.
Within Healthcare, UnitedHealth Group (UNH) ranks 5th among 8 peers we track. The peer median for dividends paid is $6.78B.
UnitedHealth Group Dividends Paid 2025: $7.92B
UnitedHealth Group dividends paid in 2025 was $7.92B, grew 5.1% from 2024. This figure represents the highest annual value in the available history.
UnitedHealth Group Dividends Paid 2024: $7.53B
UnitedHealth Group dividends paid in 2024 was $7.53B, grew 11.4% from 2023.
UnitedHealth Group Dividends Paid 2023: $6.76B
UnitedHealth Group dividends paid in 2023 was $6.76B, grew 12.9% from 2022.
UnitedHealth Group Dividends Paid 2022: $5.99B
UnitedHealth Group dividends paid in 2022 was $5.99B, grew 13.5% from 2021.
UnitedHealth Group Dividends Paid 2021: $5.28B
UnitedHealth Group dividends paid in 2021 was $5.28B.
See more financial history for UnitedHealth Group (UNH).
Sector peers by dividends paid
Companies in the same sector as UnitedHealth Group, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Novo Nordisk (NVO) | $51.76B | Healthcare |
| Johnson & Johnson (JNJ) | $12.38B | Healthcare |
| AbbVie (ABBV) | $11.66B | Healthcare |
| Merck & Co. (MRK) | $8.18B | Healthcare |
| Eli Lilly (LLY) | $5.38B | Healthcare |
| Amgen (AMGN) | $5.12B | Healthcare |
| AstraZeneca (AZN) | $5.08B | Healthcare |
| Thermo Fisher Scientific (TMO) | $636.00M | Healthcare |
Frequently asked questions
Does UnitedHealth Group pay dividends?
Yes, UnitedHealth Group (UNH) pays quarterly dividends of approximately $8.84 per share annually, yielding 2.31%.
What is UnitedHealth Group's dividend yield?
UnitedHealth Group (UNH) has a current dividend yield of 2.31%.
Is UnitedHealth Group's dividend safe?
UnitedHealth Group (UNH) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has UnitedHealth Group increased its dividend?
UnitedHealth Group (UNH) has 17 consecutive years of dividend increases.
What is UnitedHealth Group's dividend payout ratio?
UnitedHealth Group (UNH) has a dividend payout ratio of 66.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is UnitedHealth Group's dividends paid?
Latest reported dividends paid for UnitedHealth Group (UNH) is $8.01B (period ending March 31, 2026).
How has UnitedHealth Group dividends paid changed year-over-year?
UnitedHealth Group (UNH) dividends paid changed +5.1% year-over-year on the latest annual filing.
What is the long-term growth rate of UnitedHealth Group dividends paid?
UnitedHealth Group (UNH) dividends paid compound annual growth rate is +11.5% over the most recent 5 years available.
When did UnitedHealth Group dividends paid hit its highest annual value?
UnitedHealth Group dividends paid reached its highest annual value of $7.92B in 2025.
What was UnitedHealth Group dividends paid in 2024?
UnitedHealth Group (UNH) dividends paid in 2024 was $7.53B.
What was UnitedHealth Group dividends paid in 2025?
UnitedHealth Group (UNH) dividends paid in 2025 was $7.92B.
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