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Cigna Group Raises Quarterly Dividend by 14% to $1.40

Provided by Dow Jones

Feb 2, 2024 11:26am

By Colin Kellaher

Cigna Group's board has raised the health insurer's quarterly dividend by nearly 14%, to $1.40 from $1.23.

The new payout, equal to $5.60 a year, represents an annual yield of about 1.82% based on Thursday's closing price of $307.32, up from 1.6%.

The Bloomfield, Conn., company on Friday said the increased dividend is payable March 21 to shareholders of record March 6.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 02, 2024 06:26 ET (11:26 GMT)

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