Humana (HUM) will raise its quarterly dividend by 10.0 percent to $0.55 per share in the first quarter of 2019. This follows a 25.0 percent dividend hike by the well-being company last year.

The next dividend will be paid on April 26, 2019 to shareholders of record on March 29, 2019. A new annualized dividend rate of $2.20 per share yields 0.7% at a stock price of $299.

Humana Inc. is a health and well-being company. Humana offers coordinated health care to employer groups, government-sponsored plans, and individuals through its clinical capabilities, resources and tools, such as in home care, behavioral health, pharmacy services, data analytics and wellness solutions. Humana Inc. was organized as a Delaware corporation in 1964 and became a public company in 1971.