Cigna's Board Of Directors Declared A Cash Quarterly Dividend Of $1.40 Per Share To Be Paid On March 21, 2024 To Shareholders Of Record Date Of March 6, 2024. This Reflects A 14% Increase From The 2023 Cash Quarterly Dividend Of $1.23 Per Share.
Portfolio Pulse from Benzinga Newsdesk
Cigna's Board of Directors has announced a 14% increase in its cash quarterly dividend to $1.40 per share, payable on March 21, 2024, to shareholders of record as of March 6, 2024.
February 02, 2024 | 11:05 am
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Cigna's dividend increase to $1.40 per share represents a 14% rise from the previous year, indicating a strong financial position and commitment to returning value to shareholders.
Dividend increases are typically viewed positively by the market as they signal a company's confidence in its financial stability and future earnings. Cigna's significant dividend increase could attract dividend investors and potentially boost the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100