CORRECTION: Unum Group Board Of Directors Has Authorized Quarterly Dividend Increase From $0.33 To $0.365/Share
Portfolio Pulse from Happy Mohamed
Unum Group's board of directors has authorized a 10% increase in the quarterly dividend paid on its common stock, raising it from $0.33 to $0.365 per share. The new rate will be effective in Q3 2023.
May 25, 2023 | 12:36 pm
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POSITIVE IMPACT
Unum Group's dividend increase reflects consistent performance, capital generation, and commitment to shareholder value. The new rate will be effective in Q3 2023.
The dividend increase is a positive signal for investors, as it indicates the company's strong financial performance and commitment to returning value to shareholders. This news is likely to have a positive short-term impact on Unum Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100