Unum Raises Dividend 11%

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Specialty insurance provider Unumannounced yesterday its third-quarter dividend of $0.145 per share, an 11% increase to the payout made last quarter of $0.13 per share.

The board of directors said the quarterly dividend is payable on Aug. 16 to the holders of record at the close of business on July 29. The insurance company has made quarterly payouts to investors since 2001. 

The regular dividend payment equates to a $0.58-per-share annual dividend, yielding 1.8% based on the closing price of Unum's stock on July 15.


UNM Dividend Chart

UNM Dividend data by YCharts

The article Unum Raises Dividend 11% originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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