New York, Feb 26, 2026, 18:47 EST — After-hours
- UnitedHealth Group slipped 2.6% by the end of trading on Thursday.
- After powering the Dow higher with a near 3% jump just a day earlier, the stock is now losing steam.
- The new $2.21 quarterly dividend brings March dates into sharp focus for income investors.
UnitedHealth Group Incorporated (UNH.N) slipped 2.6% to $286.66 in Thursday’s after-hours session, with shares swinging from $281.50 to $291.70. Roughly 7.2 million shares traded hands, according to market data. MarketWatch
UnitedHealth’s action is catching notice, partly as the stock works to regain its footing in the Dow, partly because there’s a newly announced dividend date ahead. Investors often treat it as a defensive bet in healthcare, a go-to for stability—right up until that trade stops working. MarketWatch
The company’s board on Wednesday approved a cash dividend of $2.21 a share, set for payout March 17 to those listed as shareholders as of March 9. That “record” date decides eligibility for payment, the company said. UnitedHealth Group
The dividend news landed on a stock already buffeted since late January. Back then, a surprising Medicare Advantage rate proposal and a new outlook from UnitedHealth reset the bar for investors. The company warned that 2026 revenue could drop for the first time in decades—a rare signal. Shares tumbled as much as 19% that day. Reuters
Thursday didn’t bring much relief from the wider market. U.S. equities slipped, tech names backing off in the wake of Nvidia’s earnings. “An Nvidia hangover” dragging on AI momentum took a toll on risk appetite, according to Michael Green, chief strategist at Simplify Asset Management. Reuters
After the bell, managed care stocks went in different directions—Humana slipped roughly 4.5%. CVS ticked up a bit, and Cigna added close to 1%, market data showed.
UnitedHealth’s dividend announcement drops into the middle of a persistent back-and-forth over U.S. government reimbursements and shifting medical costs—factors that can rapidly hit margins in both Medicare and employer plans. That sizeable dividend doesn’t make the underlying risk disappear, and traders have been selling into the relief rallies throughout this year.
On Friday, eyes will be on UNH to see if it can stay above its recent lows, after the stock surrendered some of Wednesday’s gains. Another question: Will new buyers step in before the March shareholder cutoff for the dividend? Looking ahead, the main catalyst lands on March 9—the record date for the payout scheduled March 17.