The events of the last week are just what happens when a company decides to refuse to meet its customers in the marketplace of sane ideas. You could probably have gotten away with what UNH did if the money wasn't so ridiculous. Thompson himself had a compensation package worth $10.2 million[0] a year. It's reasonable to think that other c-suiters at the company, along with those of its parent organization, made simil…
>The company also has a 1.53% dividend yield[1]. I don't get it, is the implication that it's too high? Too low? >If you're paying a significant chunk of your yearly earnings to be covered by UNH, you expect the money you paid to go towards providing you with service. Instead, tens of millions of it goes towards a handful of individuals UNH took in 371.6 billion in revenue and made 23.14 billion in profit last year.…
Really, I think dividends should be illegal; so it's too high. They distort the true market performance of a company by guaranteeing returns when the company might not actually be making those returns in a sustainable manner.
> UNH took in 371.6 billion in revenue and made 23.14 billion in profit last year. "tens of millions" is a rounding error.
"Tens of millions" is in reference to the cost of their higher-ups' compensation.