5 Best Insurance Dividend Stocks To Buy Now

3. Cigna Corporation (NYSE:CI)

Dividend Yield as of 10/25: 1.44%

Number of Hedge Fund Holders: 66

Cigna Corporation (NYSE:CI) has outperformed in 2022 with shares up 35.4% year to date. Although shares trade at 2.13 times book value, analysts expect the company’s earnings to rise fairly quickly over the next five years. Cigna Corporation (NYSE:CI)’s earnings per share growth could also be helped by buybacks as the company announced in February 2022 that it has increased its share repurchase authorization by an aggregate of $6 billion to a total capacity of $10 billion. As of 10/25, Cigna Corporation (NYSE:CI) also has a dividend yield of 1.44%.