Cigna board authorizes 8% increase in quarterly dividend

Cigna's board of directors declared a $1.51 per share cash dividend to be paid March 20. 

This reflects an 8% increase from the 2024 quarterly cash dividend of $1.40 per share, according to Cigna's Jan. 30 earnings report. The dividend will be paid to shareholders of record as of March 5.

The Cigna Group saw a 34% decline in profits year over year in 2024 as it faces rising costs within its insurance business, according to its earnings report. Year-end net income was $3.4 billion, down from $5.2 billion in 2023. 

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