UnitedHealth Group Incorporated (NYSE:UNH) is among the 11 Dogs of the Dow Dividend Stocks to Buy Now. Despite a 44% drop in stock value this year, the company reported a 9.8% increase in revenue to $109.6 billion, with a profit of $6.3 billion in Q1 and 780,000 new members added.
UnitedHealth Group (UNH) generated $5.5 billion in operating cash flow in Q1 and returned $5 billion to investors through dividends and share repurchases. With a quarterly dividend of $2.21 per share and a yield of 3.15%, the company has been rewarding shareholders with growing dividends since 2011.
Despite the potential of UNH as an investment, some believe that certain AI stocks offer greater upside potential. For those interested in undervalued AI stocks, a free report on the best short-term AI stock is available.
The company is maintaining a solid financial position, holding close to $34.3 billion in cash and cash equivalents, and aiming to provide value-based care to 650,000 additional patients by 2025 through Optum Health.
Read more at Yahoo Finance: A Key Player in the Dogs of the Dow