Seeking Alpha

UnitedHealth (UNH) tells an investor conference that it expects 2013 share buybacks of $2.5B-$3B...

UnitedHealth (UNH) tells an investor conference that it expects 2013 share buybacks of $2.5B-$3B vs $3.1B in 2012, capital spending of $1.3B-$1.4B vs $1.1B, operating cost ratio of 15.9%-15.7%, operating earnings of $9.25B-$9.75B vs $9.2B. Wants to add 13M new members in 4 years. (Conference materials)
Comments (1)
  • Dividend?

     

    Help me if I'm not getting this right.

     

    I peeked at the conference materials and found that they expect to pay out 0.9B in dividends in 2013.

     

    With a 1.01B float, that's 89 cents per share.

     

    The current divi is 85 cents so the increase should be 4.7%.

     

    The share buyback is about 5.5% of the market cap.

     

    It seems like people should be using their iPhones to buy this stock.
    27 Nov 2012, 02:36 PM Reply Like
DJIA (DIA) S&P 500 (SPY)