Health insurer UnitedHealth Group's (UNH) board has authorized the cash dividend payment of $0.28 per share, to be paid on June 21, 2013, to all shareholders of record of UnitedHealth Group stock as of the close of business on June 14, 2013. This represents a 32 percent increase over the quarterly dividend of $0.2125 per share the company has paid beginning with the second quarter 2012.
Further, the board has renewed the company's share repurchase program, authorizing the purchase of 110 million shares over time. This board action replaces the remainder of the June 2012 authorization. There were about 63 million shares remaining under the prior authorization, and the company had nearly one billion shares outstanding, as of May 31, 2013.
David Wichmann, executive vice president and chief financial officer, UnitedHealth Group, said, "The increased dividend improves the rate at which we return cash to shareholders, while the renewed share repurchase program strengthens and extends our ability to repurchase shares at favorable prices for the benefit of long term shareholders."
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.