Cigna Group (CI) To Go Ex-Dividend on June 4th

Cigna Group (NYSE:CI) announced a quarterly dividend on Wednesday, April 22nd. Shareholders of record on Thursday, June 4th will be paid a dividend of 1.56 per share by the health services provider on Thursday, June 18th. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, June 4th.

Cigna Group has raised its dividend payment by an average of 1.7%annually over the last three years and has raised its dividend every year for the last 5 years. Cigna Group has a payout ratio of 18.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Cigna Group to earn $33.43 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 Price Performance

Shares of CI opened at $274.14 on Tuesday. The business’s 50-day moving average is $278.51 and its two-hundred day moving average is $277.06. The company has a market capitalization of $72.52 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.00 and a beta of 0.30. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.73 and a current ratio of 0.73. Cigna Group has a fifty-two week low of $239.51 and a fifty-two week high of $338.89.

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

About Cigna Group

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.