Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

UnitedHealth Group Incorporated (UNH)

Company Dividend Discount ModelIndustry: Medical - Healthcare PlansSector: Healthcare

Valuation Snapshot

Stable Growth$932.76 - $3,815.67$2,429.06
Multi-Stage$463.08 - $506.34$484.32
Blended Fair Value$1,456.69
Current Price$345.30
Upside321.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.89%18.65%8.227.376.545.765.004.293.623.022.471.95
YoY Growth--11.42%12.85%13.47%15.18%16.58%18.43%19.73%22.64%26.60%31.13%
Dividend Yield--1.57%1.51%1.38%1.13%1.34%1.72%1.47%1.41%1.50%1.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)17,589.00
(-) Cash Dividends Paid (M)7,846.00
(=) Cash Retained (M)9,743.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,517.802,198.631,319.18
Cash Retained (M)9,743.009,743.009,743.00
(-) Cash Required (M)-3,517.80-2,198.63-1,319.18
(=) Excess Retained (M)6,225.207,544.388,423.83
(/) Shares Outstanding (M)916.75916.75916.75
(=) Excess Retained per Share6.798.239.19
LTM Dividend per Share8.568.568.56
(+) Excess Retained per Share6.798.239.19
(=) Adjusted Dividend15.3516.7917.75
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Fair Value$932.76$2,429.06$3,815.67
Upside / Downside170.13%603.46%1,005.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)17,589.0018,732.2919,949.8821,246.6322,627.6624,098.4524,821.41
Payout Ratio44.61%53.69%62.76%71.84%80.92%90.00%92.50%
Projected Dividends (M)7,846.0010,056.6012,521.4415,264.2118,310.6421,688.6122,959.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.24%7.24%7.24%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)9,289.959,378.019,466.06
Year 2 PV (M)10,685.0910,888.6111,094.05
Year 3 PV (M)12,032.6212,378.0412,730.00
Year 4 PV (M)13,333.7313,846.5014,373.93
Year 5 PV (M)14,589.5515,294.2316,025.88
PV of Terminal Value (M)364,600.19382,210.52400,494.83
Equity Value (M)424,531.13443,995.91464,184.76
Shares Outstanding (M)916.75916.75916.75
Fair Value$463.08$484.32$506.34
Upside / Downside34.11%40.26%46.64%

High-Yield Dividend Screener

« Prev Page 39 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002450.KSSAMICK MUSICAL INSTRUMENT Co., Ltd4.08%$49.7918.17%
003380.KQHarim Holdings Co., Ltd.4.08%$447.0736.82%
2798.HKPerennial Energy Holdings Limited4.08%$0.059.52%
N2IU.SIMapletree Pan Asia Commercial Trust4.08%$0.0645.97%
WIPRO.BOWipro Limited4.08%$10.9885.26%
000421.SZNanjing Public Utilities Development Co., Ltd.4.07%$0.2891.69%
003030.KSSeAH Steel Holdings Corporation4.07%$5,154.5338.17%
2154.TOpen Up Group Inc.4.07%$75.0151.97%
6411.TWOAmazing Microelectronic Corp.4.07%$3.1585.74%
KINO.JKPT Kino Indonesia Tbk4.06%$56.1756.49%
WIIM.JKPT Wismilak Inti Makmur Tbk4.06%$64.8035.76%
134380.KSMiwon Chemicals Co., Ltd.4.05%$3,833.4233.65%
2912.TWPresident Chain Store Corporation4.05%$8.9883.72%
5438.TWOTeco Image Systems Co., Ltd.4.05%$0.9378.68%
IG.MIItalgas S.p.A.4.05%$0.3936.35%
TWR.AXTower Limited4.05%$0.0719.30%
002215.SZShenzhen Noposion Agrochemicals Co.,Ltd4.04%$0.4361.18%
1603.TWChina Wire & Cable Co., Ltd.4.04%$1.5040.87%
601567.SSNingbo Sanxing Medical Electric Co.,Ltd.4.04%$0.9365.61%
6846.TWOGreenyn Biotechnology Co., Ltd4.04%$2.9867.75%
ASEFA.BKAsefa Public Company Limited4.04%$0.1436.27%
JLG.AXJohns Lyng Group Limited4.04%$0.1653.65%
004910.KSChokwang Paint Co., Ltd.4.03%$200.1355.11%
JTPE.JKPT Jasuindo Tiga Perkasa Tbk4.03%$24.0060.60%
MTDL.JKPT Metrodata Electronics Tbk4.03%$24.0039.08%
SPINNEYS.AESpinneys 1961 Hold4.03%$0.0666.84%
605077.SSZhejiang Huakang Pharmaceutical Co., Ltd.4.02%$0.5970.96%
6190.HKBank of Jiujiang Co., Ltd.4.02%$0.079.94%
THANI.BKRatchthani Leasing Public Company Limited4.02%$0.0745.63%
010770.KSPyung Hwa Holdings Co., Ltd.4.01%$149.9011.24%
0RPP.LValartis Group AG4.01%$0.499.63%
301004.SZZhejiang Cayi Vacuum Container Co., Ltd.4.01%$2.0954.91%
4968.TArakawa Chemical Industries, Ltd.4.01%$48.9456.00%
FESA3.SACia de Ferro Ligas da Bahia - FERBASA4.01%$0.4676.61%
HBOR3.SAHelbor Empreendimentos S.A.4.01%$0.1032.33%
089860.KSLOTTE rental co.,ltd.4.00%$1,199.9835.09%
0OJJ.LACTIA Group S.A.4.00%$0.1233.82%
2128.HKChina Lesso Group Holdings Limited4.00%$0.1915.85%
3338.TWTaiSol Electronics Co., Ltd.4.00%$2.0185.10%
AIL.DEL'Air Liquide S.A.4.00%$6.3556.81%
CUBLionheart Holdings4.00%$0.4393.60%
DHL.DEDeutsche Post AG4.00%$1.8860.01%
FCMC.PASociété Fermière du Casino Municipal de Cannes4.00%$85.5728.90%
009160.KSSIMPAC Inc.3.99%$202.3392.46%
033780.KSKT&G Corporation3.99%$5,606.0952.73%
603309.SSWell Lead Medical Co., Ltd.3.99%$0.5464.79%
6761.TWOWendell Industrial Co., Ltd3.99%$5.6281.14%
MULT3.SAMultiplan Empreendimentos Imobiliários S.A.3.99%$1.0842.74%
300641.SZJiangsu Zhengdan Chemical Industry Co., Ltd.3.98%$0.7035.38%
5126.KLSarawak Oil Palms Berhad3.98%$0.1529.34%