StanCorp Financial Group (SFG) Raises Annual Dividend 7.7% to $1.40; 1.2% Yield

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Go back to StanCorp Financial Group (SFG) Raises Annual Dividend 7.7% to $1.40; 1.2% Yield

StanCorp Financial Group, Inc. Declares Annual Cash Dividend

October 21, 2015 4:15 PM EDT

PORTLAND, Ore.--(BUSINESS WIRE)-- The Board of Directors of StanCorp Financial Group, Inc. (StanCorp) (NYSE: SFG) declared today an annual cash dividend of $1.40 per common share, payable November 30, 2015, to shareholders of record on November 10, 2015. The annual cash dividend of $1.40 per share represents a 7.7% increase over the dividend of $1.30 per share paid in 2014.

The Agreement and Plan of Merger executed on July 23, 2015 by and among StanCorp, Meiji Yasuda Life Insurance Company (Meiji Yasuda), and MYL Investments (Delaware) Inc. under which Meiji Yasuda will acquire all outstanding shares of StanCorp for $115.00 per share in cash,... More