Kemper (KMPR) Raises Quarterly Dividend 12% to $0.28; 1.5% Yield

Kemper (NYSE: KMPR) declared a quarterly dividend of $0.28 per share, or $1.12 annualized. This is a 12% increase from the prior dividend of $0.25.The dividend will be payable on December 4, 2019, to stockholders of record on November 18, 2019, with an ex-dividend date of November 15, 2019. The annual yield on the dividend is 1.5 percent.

“This increase demonstrates the strength of our business model and the power of our franchise,” said Kemper President and CEO Joseph P. Lacher, Jr. “Our increased scale and disciplined operational and financial management continue to generate increasing earnings, cash flows, and attractive capital returns to our shareholders.”

Added Board Chairman Robert J. Joyce: “This off-cycle increase is a strong sign of confidence in the management team, its long-term ability to build shareholder value, and the Board’s belief in our accelerating momentum. Going forward, the Board expects to continue its regular review of the dividend each February.”

For a dividend history and other dividend-related data on Kemper (KMPR) click here.

You May Also Be Interested In

• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield
• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• First Industrial Realty (FR) Declares $0.50 Quarterly Dividend; 3.2% Yield