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CI (The Cigna Group) 3-Year Dividend Growth Rate : 397.30% (As of Jun. 2024)


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What is The Cigna Group 3-Year Dividend Growth Rate?

The Cigna Group's Dividends per Share for the three months ended in Jun. 2024 was $1.40.

The historical rank and industry rank for The Cigna Group's 3-Year Dividend Growth Rate or its related term are showing as below:

CI' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -57.8   Med: 3.15   Max: 397.3
Current: 397.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Cigna Group was 397.30% per year. The lowest was -57.80% per year. And the median was 3.15% per year.

CI's 3-Year Dividend Growth Rate is ranked better than
87.5% of 8 companies
in the Healthcare Plans industry
Industry Median: 9.45 vs CI: 397.30

During the past 12 months, The Cigna Group's average Dividends Per Share Growth Rate was 11.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 397.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 239.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 67.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Cigna Group's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.21. As of today, The Cigna Group's Dividend Yield % is 1.70%.

Good Sign:

The Cigna Group stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of The Cigna Group's 3-Year Dividend Growth Rate

For the Healthcare Plans subindustry, The Cigna Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Cigna Group's 3-Year Dividend Growth Rate Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, The Cigna Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Cigna Group's 3-Year Dividend Growth Rate falls into.



The Cigna Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Cigna Group  (NYSE:CI) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Cigna Group's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=1.4/ 6.72
=0.21

During the past 13 years, the highest Dividend Payout Ratio of The Cigna Group was 0.20. The lowest was 0.00. And the median was 0.01.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Cigna Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.4000002024-09-042024-09-042024-09-19Cash DividendquarterlyUSD:USD 1.000000
USD 1.4000002024-06-042024-06-042024-06-20Cash DividendquarterlyUSD:USD 1.000000
USD 1.4000002024-03-052024-03-062024-03-21Cash DividendquarterlyUSD:USD 1.000000
USD 1.2300002023-12-052023-12-062023-12-21Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Cigna Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=5.43/314.81
=1.72 %

Current Share Price is $314.81.
The Cigna Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.43.

During the past 13 years, the highest Dividend Yield of The Cigna Group was 1.88%. The lowest was 0.02%. And the median was 0.03%.

Good Sign:

The Cigna Group stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Cigna Group 3-Year Dividend Growth Rate Related Terms>


The Cigna Group Business Description

Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense, and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, and the company operates mostly in the US with 18 million US medical members covered as of December 2023.
Executives
Delaney William J Iii director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Michael W Triplett officer: President, US Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Nicole S Jones officer: EVP, General Counsel 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Brian C Evanko officer: President Government Business 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
Noelle K Eder officer: EVP, CIO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Agoglia Hoeltzel Mary T officer: VP & Chief Accounting Officer 1601 CHESTNUT STREET, TWO LIBERTY PLACE, PHILADELPHIA PA 19192
David Cordani director, officer: President & CEO THE CIGNA GROUP, 900 COTTAGE GROVE ROAD, BLOOMFIELD CT 06002
Eric P Palmer officer: EVP, Chief Financial Officer 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Cynthia Ryan officer: EVP, CHRO 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Everett Neville officer: EVP, Strategy and Business Dev ONE EXPRESS WAY, ST. LOUIS MO 63121
Paul A Sanford officer: EVP Operations 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Phillip Ozuah director 30 HUDSON STREET, FLOOR 33, JERSEY CITY NJ 07302
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Jason D Sadler officer: Pres., International Markets 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192