CNC Dividend History - Centene

Currently (December 2024) Centene Corp does not pay a dividend.

As of December 2024, Centene (CNC) does not pay a dividend.
Top Dividend Payers in Managed Health Care
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
CNC 29,530m - -
ELV 86,577m 1.78% 2.29%
HUM 33,007m 1.79% 1.25%
UNH 520,135m 1.22% 2.22%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
CNC 29,530m - -
ELV 86,577m 13.1% 66.2%
UNH 520,135m 12.0% 62.1%
HUM 33,007m 9.98% 50.9%

CNC Dividend History

No dividends paid yet.

CNC Dividend History - FAQ

What is the Dividend Yield of CNC?

As of December 2024 CNC`s Dividend Yield is 0.00%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of by the current stock price of 59.58.

What is the long-term Dividend Growth Rate of CNC?

In the last 5 Years the Average Dividend Growth Rate was % per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does CNC pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) CNC paid 0 times a dividend.

What is the Yield on Cost of CNC?

The 5 Year Yield-On-Cost is %. That's the effective dividend income you'd receive today if you purchased Centene five years ago. It is calculated by the Rate of the last 12 Months () divided by the price 5 years ago (62.90).

What is the Payout Consistency of CNC?

CNC has a Payout Consistency of 0.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of CNC?

The Overall Dividend Rating of 0.00 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does CNC have a good Dividend Yield?

CNC`s 0.00% Dividend Yield is considered as: unknown.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for CNC?

The next Dividend Date for CNC is unknown.

What is the Dividend Payout Ratio of CNC?

The Dividend Payout Ratio of CNC is unknown. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: CNC Outstanding Shares

What is the Trend of CNC`s Outstanding Shares?

The Outstanding Shares of Centene are shrinking at a rate of -2.03% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -90.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Centene ever had a Stock Split?

Yes, last Stock Split was on 2019-02-07 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
2000 81835100
2001 96234000 +17.6%
2002 139728900 +45.2%
2003 153688600 +9.99%
2004 174465800 +13.52%
2005 180110500 +3.24%
2006 172643400 -4.15%
2007 179292300 +3.85%
2008 177595800 -0.95%
2009 177265900 -0.19%
2010 201791600 +13.84%
2011 211578800 +4.85%
2012 216220800 +2.19%
2013 228313000 +5.59%
2014 243431600 +6.62%
2015 246701000 +1.34%
2016 351022400 +42.29%
2017 353846200 +0.8%
2018 420246000 +18.77%
2019 422262000 +0.48%
2020 580129000 +37.39%
2021 591757000 +2%
2022 559934000 -5.38%
2023 537614000 -3.99%
2024 523542000 -2.62%