By Colin KellaherCigna Group's board has raised the health insurer's quarterly dividend by nearly 14%, to $1.40 from $1.23. The new payout, equal to $5.60 a year, represents an annual yield of about 1.82% based on Thursday's closing price of $307.32, up from 1.6%. The Bloomfield, Conn., company on Friday said the increased dividend is payable March 21 to shareholders of record March 6. Write to Colin Kellaher at colin.kellaher@wsj.com(END) Dow Jones Newswires02-02-24 0626ET

Source: Wall Street Journal February 02, 2024 12:45 UTC