By Adriano Marchese

Cigna Corp. said Wednesday that it has initiated a quarterly cash dividend of $1.00 a share.

The Bloomfield, Conn.-based health services company said the first dividend will be paid on March 25, 2021.

"Our strong operating cash flows and forward growth path enable us to initiate a quarterly dividend while maintaining strong liquidity and capital flexibility," Chief Financial Officer Brian Evanko said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

01-06-21 1644ET