Company: HUM
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000049071-25-000007
Chunk: 53

Company: HUMANA INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 53
---
 follows for the years ended December 31, 2024, 2023 and 2022:202420232022 (dollars in millions, except percommon share results, number ofshares/options in thousands)Net income available for common stockholders$1,207 $2,489 $2,806 Weighted-average outstanding shares of common stock used to     compute basic earnings per common share120,571 123,866 126,419 Dilutive effect of:Employee stock options3 32 50 Restricted stock295 543 625 Shares used to compute diluted earnings per common share120,869 124,441 127,094 Basic earnings per common share$10.01 $20.09 $22.20 Diluted earnings per common share$9.98 $20.00 $22.08 Number of antidilutive stock options and restricted stock awards     excluded from computation814 207 205 

104

Humana Inc.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)

16. STOCKHOLDERS’ EQUITY

DividendsThe following table provides details of dividend payments, excluding dividend equivalent rights, in 2022, 2023, and 2024, under our Board approved quarterly cash dividend policy:Payment DateAmountper ShareTotalAmount(in millions)2022$3.06$3902023$3.44$4282024$3.54$428In October 2024, the Board declared a cash dividend of $0.885 per share payable on January 31, 2025 to stockholders of record on December 31, 2024 for an aggregate amount of $107 million. In February 2025, the Board declared a cash dividend of $0.885 per share payable on April 25, 2025 to stockholders of record on March 28, 2025. Declaration and payment of future quarterly dividends is at the discretion of our Board and may be adjusted as business needs or market conditions change.  Stock RepurchasesOur Board of Directors may authorize the purchase of our common shares. Under our share repurchase authorization, shares may have been purchased from time to time at prevailing prices in the open market, by block purchases, through plans designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, or in