Cigna Corporation provides insurance and related products and services in the United States. Its Evernorth segment provides a range of coordinated and point solution health services, including pharmacy, benefits management, care delivery and management, and intelligence solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, vision, health advocacy programs, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans to on and off the public exchanges; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut.
Cigna Dividend Announcement
• Cigna announced a quarterly dividend of $1.40 per ordinary share which will be made payable on 2024-12-19. Ex dividend date: 2024-12-04
• Cigna annual dividend for 2024 was $5.60
• Cigna annual dividend for 2023 was $4.92
• Cigna's trailing twelve-month (TTM) dividend yield is 1.98%
• Cigna's payout ratio for the trailing twelve months (TTM) is 50.71%
• Cigna's dividend growth over the last five years (2018-2023) was 161.81% year
• Cigna's dividend growth over the last ten years (2013-2023) was 61.80% year
Cigna Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-04 | $1.40 | quarterly | 2024-12-19 |
2024-09-04 | $1.40 | quarterly | 2024-09-19 |
2024-06-04 | $1.40 | quarterly | 2024-06-20 |
2024-03-05 | $1.40 | quarterly | 2024-03-21 |
2023-12-05 | $1.23 | quarterly | 2023-12-21 |
2023-09-05 | $1.23 | quarterly | 2023-09-21 |
2023-06-06 | $1.23 | quarterly | 2023-06-22 |
2023-03-07 | $1.23 | quarterly | 2023-03-23 |
2022-12-05 | $1.12 | quarterly | 2022-12-21 |
2022-09-06 | $1.12 | quarterly | 2022-09-22 |
2022-06-07 | $1.12 | quarterly | 2022-06-23 |
2022-03-08 | $1.12 | quarterly | 2022-03-24 |
2021-12-06 | $1.00 | quarterly | 2021-12-22 |
2021-09-07 | $1.00 | quarterly | 2021-09-23 |
2021-06-07 | $1.00 | quarterly | 2021-06-23 |
2021-03-09 | $1.00 | quarterly | 2021-03-25 |
2020-03-09 | $0.04 | quarterly | 2020-04-09 |
2019-03-08 | $0.04 | quarterly | 2019-04-10 |
2018-03-09 | $0.04 | quarterly | 2018-04-10 |
2017-03-08 | $0.04 | quarterly | 2017-04-10 |
2016-03-09 | $0.04 | quarterly | 2016-04-11 |
2015-03-10 | $0.04 | quarterly | 2015-04-10 |
2014-03-10 | $0.04 | quarterly | 2014-04-09 |
2013-03-08 | $0.04 | quarterly | 2013-04-10 |
Cigna Dividend per year
Cigna Dividend growth
Cigna Dividend Yield
Cigna current trailing twelve-month (TTM) dividend yield is 1.98%. Interested in purchasing Cigna stock? Use our calculator to estimate your expected dividend yield:
Cigna Financial Ratios
Cigna Dividend FAQ
Other factors to consider when evaluating Cigna as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cigna's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cigna publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cigna distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cigna are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cigna sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cigna distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cigna declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cigna's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cigna's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.