Humana Board of Directors has declared a cash dividend of $0.70 per share payable on July 30, 2021, to stockholders of record as of the close of business on June 30, 2021. The health insurance company has increased its dividend by 32.3% over the last three years and has raised its dividend annually for four consecutive years.
- Balanced dividend: The company has a payout ratio of 13% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Humana to earn $21.74 per share next year, which means the company should continue to cover its $2.80 annual dividend with an expected future payout ratio of 12.9%.
- Meets consensus estimate: The company had revenue of $19.06 billion during the quarter, compared to the consensus estimate of $18.76 billion. Humana had a return on equity of 22.74% and a net margin of 5.58%. Its quarterly revenue was up 17% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.28 EPS. On average, equities research analysts anticipate that Humana will post 18.66 EPS for the current fiscal year.
- CEO’s shares: CEO Bruce D. Broussard sold 27,537 shares of the stock in a transaction in February. The stock was sold at an average price of $378.14, for a total value of $10,412,841.18. Following the completion of the sale, the chief executive officer now directly owns 108,361 shares in the company, valued at $40,975,628.54.
- $57.37B m-cap: Humana has a 12-month low of $359.46 and a 12-month high of $474.70. The company has a quick ratio of 1.81, a current ratio of 1.81, and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $57.37 billion, a PE ratio of 14.25, a PEG ratio of 1.57, and a beta of 0.86. The stock has a 50-day simple moving average of $413.83 and a two-hundred-day simple moving average of $409.10.
- Serving members: The company says it is committed to helping millions of medical and specialty members achieve their best health. Their successful history in care delivery and health plan administration is helping to create a new kind of integrated care with the power to improve health and well-being and lower costs.