Horace Mann Increases Quarterly Shareholder Dividend From $0.33 To $0.34 Per Share
Portfolio Pulse from Benzinga Newsdesk
Horace Mann Educators Corporation (NYSE:HMN) has increased its quarterly dividend by 3.0% to $0.34 per share, marking the 16th consecutive year of dividend growth. The dividend is payable on March 29, 2024, to shareholders of record as of March 15, 2024. The company reaffirms its full-year 2024 EPS forecast of $3.00-$3.30, expecting the Property & Casualty segment to return to profitability.
March 04, 2024 | 1:19 pm
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Horace Mann announced a 3.0% increase in its quarterly dividend to $0.34 per share and reaffirmed its 2024 EPS forecast of $3.00-$3.30.
The increase in dividend reflects a positive outlook and commitment to shareholder value, likely attracting dividend investors and potentially boosting stock price. The reaffirmation of the EPS forecast signals confidence in the company's financial health and operational stability, further supporting a positive short-term impact.
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