Cigna Group is a dividend paying company with a current yield of 1.58% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
1.6%
Dividend yield
28%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
20 Jun 24
Ex dividend date
04 Jun 24
Dividend per share
n/a
Earnings per share
Mex$18.21
Dividend yield forecast in 3Y
1.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CI *'s dividends per share have been stable in the past 10 years.
Growing Dividend: CI *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cigna Group Dividend Yield vs Market
How does CI * dividend yield compare to the market?
Segment
Dividend Yield
Company (CI *)
1.6%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Healthcare)
3.6%
Analyst forecast in 3 Years (CI *)
1.8%
Notable Dividend: CI *'s dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.23%).
High Dividend: CI *'s dividend (1.58%) is low compared to the top 25% of dividend payers in the MX market (6.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), CI *'s dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.5%), CI *'s dividend payments are well covered by cash flows.