Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

UnitedHealth Group Incorporated (UNH)

Company Dividend Discount ModelIndustry: Medical - Healthcare PlansSector: Healthcare

Valuation Snapshot

Stable Growth$931.08 - $3,815.67$2,418.77
Multi-Stage$462.72 - $505.94$483.94
Blended Fair Value$1,451.36
Current Price$345.30
Upside320.32%
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$931.08$2,418.77$3,815.67
Upside / Downside169.64%600.48%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)9,289.689,377.739,465.79
Year 2 PV (M)10,684.4710,887.9811,093.40
Year 3 PV (M)12,031.5712,376.9512,728.88
Year 4 PV (M)13,332.1713,844.8914,372.25
Year 5 PV (M)14,587.4215,292.0016,023.54
PV of Terminal Value (M)364,277.72381,872.47400,140.61
Equity Value (M)424,203.02443,652.02463,824.48
Shares Outstanding (M)916.75916.75916.75
Fair Value$462.72$483.94$505.94
Upside / Downside34.01%40.15%46.52%

High-Yield Dividend Screener

« Prev Page 70 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6101.TTsugami Corporation2.08%$59.7021.18%
9549.SRAbdulaziz and Mansour Ibrahim Albabtin Co.2.08%$0.5029.71%
FPAR-A.STFastPartner AB (publ)2.08%$0.9755.03%
GRNG.STGränges AB (publ)2.08%$3.0934.78%
ZGNErmenegildo Zegna N.V.2.08%$0.2228.26%
000983.SZShanxi Coking Coal Energy Group Co.,Ltd.2.07%$0.1344.44%
006090.KSOyang Corporation2.07%$187.5543.67%
0O1O.LVetoquinol S.A.2.07%$1.7419.10%
1748.HKXin Yuan Enterprises Group Limited2.07%$0.0462.70%
4677.KLYTL Corporation Berhad2.07%$0.0426.42%
603136.SSJiangsu Tianmu Lake Tourism Co.,Ltd2.07%$0.2464.23%
7965.TZojirushi Corporation2.07%$32.3536.35%
MRSA3B.SAMRS Logística S.A.2.07%$0.8118.86%
OCL.AXObjective Corporation Limited2.07%$0.3457.76%
TRTNTriton International Limited2.07%$1.6528.50%
001219.SZQingdao Foods CO.,LTD.2.06%$0.2955.25%
002351.SZEdifier Technology Co., Ltd.2.06%$0.2553.80%
004830.KSDuksung Co., Ltd.2.06%$100.3019.66%
600120.SSZhejiang Orient Financial Holdings Group Co., Ltd.2.06%$0.1332.28%
600143.SSKingfa Sci. & Tech. Co., Ltd.2.06%$0.4085.82%
7735.TSCREEN Holdings Co., Ltd.2.06%$314.4332.13%
ALSO3.SAAliansce Sonae Shopping Centers S.A.2.06%$0.529.27%
MLIA.JKPT Mulia Industrindo Tbk2.06%$6.9827.72%
REA.AXREA Group Limited2.06%$3.8151.46%
THEON.ASTheon International PLC2.06%$0.5552.53%
000902.SZYONFER Agricultural Technology Co., Ltd.2.05%$0.3226.06%
002938.SZAvary Holding(Shenzhen)Co., Limited2.05%$1.0459.37%
036930.KQJUSUNG ENGINEERING Co., Ltd.2.05%$625.5045.79%
086280.KSHyundai Glovis Co., Ltd.2.05%$3,700.1019.97%
2730.TEDION Corporation2.05%$43.4130.64%
4191.SRAbdullah Saad Mohammed Abo Moati for Bookstores Company2.05%$1.0176.56%
9527.SRAme Company For Medical Supplies2.05%$2.0027.73%
BMIN3.SABanco Mercantil de Investimentos S.A.2.05%$0.4728.32%
GUAR3.SAGuararapes Confecções S.A.2.05%$0.1820.09%
MGROS.ISMigros Ticaret A.S.2.05%$10.8831.41%
MLL.DEMüller - Die lila Logistik AG2.05%$0.106.76%
RAY-A.TOStingray Group Inc.2.05%$0.3039.32%
VIVA3.SAVivara Participações S.A.2.05%$0.6620.93%
268280.KSMiwon Specialty Chemical Co., Ltd.2.04%$2,814.5722.79%
2869.HKGreentown Service Group Co. Ltd.2.04%$0.0917.96%
450330.KQHass2.04%$131.7935.27%
605589.SSJinan Shengquan Group Share Holding Co., Ltd.2.04%$0.5844.86%
CEK.DECeoTronics AG2.04%$0.2634.71%
CSAP.JKPT Catur Sentosa Adiprana Tbk2.04%$6.5030.53%
ROTH.PARothschild & Co SCA2.04%$0.7813.71%
2476.TWG-SHANK Enterprise Co., Ltd.2.03%$1.8549.48%
2852.KLCahya Mata Sarawak Berhad2.03%$0.0328.80%
3788.HKChina Hanking Holdings Limited2.03%$0.0836.16%
4004.SRDallah Healthcare Company2.03%$2.5449.37%
601607.SSShanghai Pharmaceuticals Holding Co., Ltd2.03%$0.3623.77%