5 Best Large-Cap Dividend Growth Stocks To Buy Now

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1. UnitedHealth Group Inc. (NYSE:UNH)

Number of Hedge Fund Holders: 110
5-Year Average Dividend Growth Rate: 17.08%

UnitedHealth Group Inc. (NYSE:UNH) is an American multinational managed healthcare and insurance company. The company started paying annual dividends to shareholders in 1990 and shifted to quarterly payouts in 2010. In the past five years, the company has raised its dividends at an annual average rate of 17.08%. It currently offers a quarterly dividend of $1.65 per share and has a dividend yield of 1.33%, as of April 25.

At the end of Q4 2022, 110 hedge funds in Insider Monkey’s database owned stakes in UnitedHealth Group Incorporated (NYSE:UNH), the same as in the previous quarter. The collective value of these stakes is over $11.4 billion.

Madison Investments mentioned UnitedHealth Group Inc. (NYSE:UNH) in its Q1 2023 investor letter. Here is what the firm has to say:

“US Bancorp, Eli Lilly, Danaher, UnitedHealth Group Incorporated (NYSE:UNH), and Apple were the largest detractors. We remain confident that UnitedHealth Group can deliver long term double digit earning per share growth from its value-based care offerings for both its government and private sector customers.”

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