Elevance Health Stock Rises as Company Tops Estimates, Raises Dividend
1. Elevance Health reported strong Q4 results, exceeding earnings estimates. 2. Revenue grew 6% year-over-year due to higher premiums and acquisitions. 3. The company raised its quarterly dividend from $1.63 to $1.71 per share. 4. CEO notes tangible progress in operational improvements addressing industry dynamics. 5. Despite a recent rise, ELV shares are down 15% over the past year.