Humana Inc stock dividend – Start the New Year with a Powerful Dividend Growth Stock: Humana
January 4, 2024
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Humana Inc ($NYSE:HUM). is an American health and well-being company that has been a leader in its industry for decades. As a dividend growth stock, Humana offers investors an attractive opportunity to start the new year with a powerful, dividend-paying stock that has a long history of paying and increasing dividends. Humana provides a range of health care services, including managed care, Medicare and Medicaid services, as well as specialty services such as vision, dental, behavioral health, life and disability insurance, and pharmacy benefits. The company’s diversified portfolio gives it an edge in the competitive health care market, allowing it to generate consistent revenue and profits for shareholders. In addition to its financial performance, Humana’s dividend policy also makes it a strong choice for investors looking for income and long-term growth.
In the past decade alone, Humana has increased its dividend more than fivefold. This makes it one of the most reliable dividend stocks in the market today. For 2021, Humana is a great stock to consider for investors seeking both income and growth potential. With its strong financial performance and consistent dividend increases, Humana is well-positioned to reward investors with both income and long-term growth in the coming year.
Dividends – Humana Inc stock dividend
Over the last three years, they have issued an annual dividend per share of 3.44, 3.15, and 2.8 USD. This year, their dividend yield is 0.68%, and is projected to remain at 0.66% for the following two years. This yields an average dividend yield of 0.67%. With a strong history of dividend growth, Humana Inc. is a great stock to invest in for long-term dividend income.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Humana Inc. More…
| Total Revenues | Net Income | Net Margin |
| 102.35k | 3.02k | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Humana Inc. More…
| Operations | Investing | Financing |
| 5.99k | -3.62k | -776 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Humana Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 55.91k | 38.9k | 137.67 |
Key Ratios Snapshot
Some of the financial key ratios for Humana Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.2% | – | 4.3% |
| FCF Margin | ROE | ROA |
| 4.9% | 16.1% | 4.9% |
Stock Price
On Tuesday, the stock opened at $459.7 and closed at $470.1, up 2.7% from its prior closing price of $457.8. This marks an impressive start to the new year for the company, and investors are getting excited about the potential for further dividend growth. That combined with a low payout ratio and strong fundamentals make it a great choice for dividend-focused investors. In addition, Humana’s commitment to providing quality healthcare services and cutting-edge technology makes it a great long-term investment option. Live Quote…
Analysis
After conducting an analysis of HUMANA INC‘s wellbeing, GoodWhale concluded that, based on the Star Chart, HUMANA INC is strong in dividend and growth, and medium in assets and weak in profitability. This classification of ‘cheetah’ implies that the company was able to achieve high revenue or earnings growth, but is considered less stable due to its lower profitability. Those investors who are looking for high-growth opportunities, or are seeking to diversify their portfolios with higher risk investments may be interested in HUMANA INC. Despite its relative instability, the company has a high health score of 8/10, indicating its cashflows and debt are robust enough to ride out any crisis without the risk of bankruptcy. More…
Peers
In the ever-changing world of healthcare, Humana Inc. has been a leader in providing quality services to its customers. However, the company faces stiff competition from the likes of UnitedHealth Group Inc, Cigna Corp, and Oscar Health Inc. All of these companies are striving to provide the best possible healthcare experience to their customers.
– UnitedHealth Group Inc ($NYSE:UNH)
UnitedHealth Group Inc. is an American for-profit managed health care company based in Minnetonka, Minnesota. It is the largest healthcare company in the world by revenue, with 2019 revenue of $242.2 billion. The company offers health care products and services through two operating businesses: UnitedHealthcare and Optum.
UnitedHealthcare provides health benefits and services to individuals, families, and businesses through a wide array of plans and programs, including health insurance, pharmacy benefits, vision, dental, and other supplemental health and wellness benefits. Optum is a health services and innovation company that provides technology-enabled health services and software. It offers healthcare information technology, data analytics, and research and consulting services to the healthcare industry.
The company has a market capitalization of $488.16 billion as of April 2021 and a return on equity of 21.75%.
– Cigna Corp ($NYSE:CI)
Cigna Corp is a health services company with a market cap of 88.46 billion as of 2022. The company has a return on equity of 11.01%. Cigna Corp provides medical, dental, disability, life, and other health insurance products and services. The company also offers pharmacy benefit management services.
– Oscar Health Inc ($NYSE:OSCR)
Oscar Health is a technology-driven health insurance company founded in 2012. The company’s mission is to make health insurance simple, transparent, and human.
Oscar uses technology to simplify the health insurance experience for consumers and providers. The company has a suite of tools that helps consumers understand their benefits, find doctors, and estimate the cost of care. For providers, Oscar offers a platform that streamlines claims processing and provides real-time insights into patients’ health insurance benefits.
Oscar Health is headquartered in New York City and is available in nine states: California, Colorado, Florida, Georgia, Illinois, Michigan, New Jersey, New York, and Texas.
Summary
Humana Inc. is a health and well-being company that provides a wide range of services to individuals, employers, government programs, and other organizations. The company’s stock has consistently delivered above-average dividend growth and returns, with a strong balance sheet and good dividend coverage. Humana has a diversified portfolio of businesses that encompass healthcare services, insurance, retirement plans, and other services. Its focus on value-based care initiatives has enabled it to remain competitive in an increasingly volatile sector.
It offers an attractive dividend yield and prospects for capital appreciation over the long term. Investors looking for a safe bet in the healthcare space may want to consider investing in Humana as it is likely to continue delivering strong performance in 2021.
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