Cigna Group Declares Quarterly Dividend of $1.56 (NYSE:CI)

Cigna Group (NYSE:CI) declared a quarterly dividend on Wednesday, July 22nd. Investors of record on Tuesday, September 8th will be given a dividend of 1.56 per share by the health services provider on Wednesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 8th.

Cigna Group has raised its dividend by an average of 1.7%annually over the last three years and has raised its dividend annually for the last 5 consecutive years. Cigna Group has a dividend payout ratio of 18.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Cigna Group to earn $33.41 per share next year, which means the company should continue to be able to cover its $6.24 annual dividend with an expected future payout ratio of 18.7%.

Cigna Group Stock Performance

Shares of CI stock opened at $285.29 on Thursday. The stock’s 50-day moving average price is $286.11 and its 200 day moving average price is $280.66. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $75.47 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 1.12 and a beta of 0.29. Cigna Group has a 52-week low of $239.51 and a 52-week high of $315.47.

Cigna Group (NYSE:CI) last posted its quarterly earnings data on Thursday, April 30th. The health services provider reported $7.79 earnings per share for the quarter, topping analysts’ consensus estimates of $7.60 by $0.19. Cigna Group had a return on equity of 19.75% and a net margin of 2.26%.The company had revenue of $68.52 billion during the quarter, compared to analysts’ expectations of $66.29 billion. During the same period last year, the firm earned $6.74 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Cigna Group has set its FY 2026 guidance at 30.350- EPS. As a group, equities research analysts forecast that Cigna Group will post 30.39 EPS for the current year.

Cigna Group Company Profile

Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.

In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.