India, Feb. 2 -- Healthcare company Cigna Group (CI), while reporting weak profit and higher revenues in its fourth quarter, on Friday issued forecast for fiscal 2024 earnings and revenues, both above last year. Adjusted earnings are expected to be below market, while top line is expected to beat the Street view.
Further, the Board of Directors declared a 14 percent increase in the cash quarterly dividend to $1.40 per share, to be paid on March 21 to shareholders of record as of the close of trading on March 6.
In pre-market activity on the NYSE, Cigna shares were gaining more than 4.5 percent to trade at $322.
For fiscal 2024, the company projects adjusted income from operations to be at least $8.025 billion, or at least $28.25per share...