Horace Mann Educators (HMN) Raises Quarterly Dividend 0.9% to $0.2875; 3% Yield

Horace Mann Educators (NYSE: HMN) declared a quarterly dividend of $0.2875 per share, or $1.15 annualized. This is a 0.9% increase from the prior dividend of $0.285.

The dividend will be payable on March 29, 2019, to stockholders of record on March 18, 2019, with an ex-dividend date of March 15, 2019.

The annual yield on the dividend is 3 percent.

“Our ability to raise the dividend for the 11th consecutive year is a testament to Horace Mann’s financial strength,” said President and Chief Executive Officer Marita Zuraitis. “We are balancing our commitment to creating long-term shareholder value with the need for maximum capital flexibility for our pending acquisition of National Teachers Associates (NTA), which is anticipated to close in mid-2019. We are excited about the potential for accelerated shareholder value creation as a result of this transaction.”

For a dividend history and other dividend-related data on Horace Mann Educators (HMN) click here.

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