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$3,238.64 - $3,815.67$3,575.84
Multi-Stage$675.49 - $739.59$706.95
Blended Fair Value$2,141.39
Current Price$345.30
Upside520.15%
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 Rate5.95%5.95%5.95%
Growth Rate5.50%6.50%7.50%
Fair Value$3,238.64$3,575.84$3,815.67
Upside / Downside837.92%935.57%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 Rate5.95%5.95%5.95%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)9,403.059,492.189,581.31
Year 2 PV (M)10,946.8611,155.3611,365.84
Year 3 PV (M)12,477.4912,835.6713,200.65
Year 4 PV (M)13,995.0414,533.2415,086.83
Year 5 PV (M)15,499.5816,248.2117,025.50
PV of Terminal Value (M)556,929.83583,829.75611,759.19
Equity Value (M)619,251.85648,094.43678,019.32
Shares Outstanding (M)916.75916.75916.75
Fair Value$675.49$706.95$739.59
Upside / Downside95.62%104.73%114.19%

High-Yield Dividend Screener

« Prev Page 82 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
001965.SZChina Merchants Expressway Network & Technology Holdings Co.,Ltd.1.56%$0.1620.63%
005430.KSKorea Airport Service Co.,Ltd.1.56%$999.968.24%
009540.KSKorea Shipbuilding & Offshore Engineering Co., Ltd.1.56%$6,131.9325.76%
1364.HKGuming1.56%$0.3837.59%
2287.SRArabian Company for Agricultural and Industrial Investment1.56%$0.5044.58%
300505.SZKunming Chuan Jin Nuo Chemical Co., Ltd.1.56%$0.3525.89%
300595.SZAutek China Inc.1.56%$0.2341.79%
3843.TFreeBit Co., Ltd.1.56%$26.3519.53%
600803.SSENN Natural Gas Co., Ltd.1.56%$0.3222.50%
7712.TWOPotens1.56%$1.3527.60%
9982.TTakihyo Co., Ltd.1.56%$35.4219.23%
DPNS.JKPT Duta Pertiwi Nusantara Tbk1.56%$4.8319.22%
FTT.TOFinning International Inc.1.56%$1.1722.66%
QAN.AXQantas Airways Limited1.56%$0.168.74%
WEGE3.SAWEG S.A.1.56%$0.7548.87%
000640.KSDong-A Socio Holdings Co., Ltd.1.55%$1,671.189.99%
300230.SZShanghai YongLi Belting Co., Ltd1.55%$0.0726.87%
300573.SZShenyang Xingqi Pharmaceutical Co.,Ltd1.55%$1.0941.31%
600298.SSAngel Yeast Co., Ltd1.55%$0.6838.99%
601702.SSShanghai Huafon Aluminium Corporation1.55%$0.3225.48%
601788.SSEverbright Securities Company Limited1.55%$0.2733.48%
6290.TWOLongwell Company1.55%$2.8845.81%
000975.SZShanjin International Gold Co., Ltd.1.54%$0.3735.79%
300515.SZHunan Sundy Science and Technology Co., Ltd.1.54%$0.3033.61%
600018.SSShanghai International Port (Group) Co., Ltd.1.54%$0.0813.46%
600251.SSXinjiang Guannong Fruit & Antler Co.,Ltd.1.54%$0.1450.13%
603980.SSZhejiang Jihua Group Co., Ltd.1.54%$0.0892.72%
688663.SSWindSun Science&Technology Co.,Ltd.1.54%$0.6060.19%
7354.TDirect Marketing MiX Inc.1.54%$4.4816.60%
ALNSC.PANSC Groupe S.A.1.54%$1.133.63%
EYDAP.ATAthens Water Supply and Sewerage Company S.A.1.54%$0.1244.88%
KALPATPOWR.NSKalpataru Power Transmission Limited1.54%$7.9627.39%
MAGMAG Silver Corp.1.54%$0.3837.80%
NSISBC.XDNovonesis (Novozymes) B1.54%$6.1268.56%
002062.SZHongrun Construction Group Co., Ltd.1.53%$0.1462.78%
002074.SZGotion High-tech Co.,Ltd.1.53%$0.6032.33%
003011.SZZhejiang Walrus New Material Co.,Ltd.1.53%$0.3424.62%
072130.KSUANGEL Corporation1.53%$70.0520.95%
0ROV.LBanque Cantonale du Jura S.A.1.53%$0.8810.04%
4612.TNippon Paint Holdings Co., Ltd.1.53%$16.0022.99%
603018.SSChina Design Group Co., Ltd.1.53%$0.1223.64%
603619.SSZhongman Petroleum and Natural Gas Group Corp., Ltd.1.53%$0.3531.92%
7119.Thalmek holdings Co.,Ltd.1.53%$19.7035.38%
ELPI.JKPT Pelayaran Nasional Ekalya Purnamasari Tbk1.53%$14.3440.52%
PIPE.TOPipestone Energy Corp.1.53%$0.035.35%
PYLON.BKPylon Public Company Limited1.53%$0.0436.13%
VAS.DEVoestalpine AG1.53%$0.5954.73%
001387.SZHefei Snowky Elect1.52%$0.2139.65%
002015.SZGCL Energy Technology Co.,Ltd.1.52%$0.1537.18%
1070.HKTCL Electronics Holdings Limited1.52%$0.1618.34%