Is UnitedHealth's Dividend Safe After a 16% Increase?
Dividend investors love it when a payout increase tops our expectations. But it's always important to make sure that the company in question can afford the hike.
One example of a stock whose most recent dividend hike was surprisingly high is health insurer UnitedHealth Group (NYSE: UNH), whose management recently opted to increase its quarterly dividend from $1.25 per share to $1.45. That's a significant increase (16%), and it could mean that the company is in great shape and management is excited to return ever more cash to shareholders. On the other hand, it could also be an unsustainable amount, particularly if the business is faltering. Does UnitedHealth Group's dividend remain safe?
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Source Fool.com
