Why UnitedHealth Stock Was Climbing on Wednesday
UnitedHealth (NYSE: UNH) stock was proving to be beneficial for investors' financial health on Hump Day. They were trading the big health insurance company's stock up by nearly 4% in late-session
(NYSE: UNH) stock was proving to be beneficial for investors' financial health on Hump Day. They were trading the big health insurance company's stock up by nearly 4% in late-session action, in no small part because of a fresh dividend declaration. That performance marked it as an outlier, as the S 500 index had only ticked up by 0.2% at that stage.
Before market open, UnitedHealth's board of directors authorized the payment of a quarterly dividend of $2.21 per each of the company's common shares. This is to be dispensed on Sept. 23 to investors of record as of Sept. 15.
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Source Fool.com