Cno Financial dividend – Investors: CNO Financial is a Top Dividend Stock – Should You Buy In?

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CNO ($NYSE:CNO) Financial is a top dividend stock, and many investors are wondering if they should invest in it. CNO Financial Group, Inc., formerly Conseco, Inc., is an insurance holding company operating through its subsidiaries. The company provides a variety of products and services including life insurance, annuities, health insurance, and Medicare supplement insurance. With an established track record of paying out consistent dividends, CNO Financial stock can provide an attractive option for income investors. In terms of fundamentals, CNO Financial offers a solid balance sheet with healthy solvency ratios and low debt levels. The stock has also been able to deliver income to shareholders year after year. This makes the stock attractive to investors who are looking for a reliable source of income. When considering whether or not to invest in CNO Financial, it is important to understand that the stock comes with some risk. While the company has a strong track record of paying out consistent dividends, it is subject to changes in market conditions. Therefore, investors should do their own research and consult a financial advisor before investing in the company. Overall, CNO Financial is an attractive option for income investors looking for a reliable source of income. With its strong fundamentals and track record of paying out consistent dividends, it is a solid option for long-term investors.

However, it is important to understand the risks involved and to consult a financial advisor before investing in the stock.

Dividends – Cno Financial dividend

Investors looking for dividend stocks may find CNO FINANCIAL to be an attractive option. In the last three years, CNO FINANCIAL has issued annual dividend per share of 0.56, 0.55, and 0.51 USD respectively. These numbers result in dividend yields from 2021 to 2023 of 2.56%, 2.52% and 2.07%. The average dividend yield from these years is 2.38%, making it a great potential choice as an income-generating stock. For those investors looking for a reliable income stream, they may want to consider the stability of CNO FINANCIAL.

It has held a consistent pattern of dividend payment, which makes it a reliable option for long-term investors. Furthermore, its relatively high yield provides the potential for investors to reap more benefits from their cash investments. Therefore, investing in CNO FINANCIAL could be a great option for dividend investors, due to its strong history of dividend payment and attractive dividend yields. Investors should make their own assessment of the company’s financials and future prospects before investing, as with any other stock.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cno Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cno Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cno Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Cno Financial are shown below. More…

Market Price

Investors considering CNO FINANCIAL as a potential dividend stock should be aware that the stock opened at $23.6 on Wednesday, yet closed at $23.5, a slight decrease of 1.7% from its previous closing price of $23.9. Despite this small fluctuation, CNO FINANCIAL is still a strong dividend stock, having paid out consistent dividends each quarter for the past several years. Investors looking for steady returns through dividends should definitely consider buying in to CNO FINANCIAL. In addition to its reliable dividend payout, CNO FINANCIAL also has a strong balance sheet and an impressive history of revenue growth over the last few years.

This shows that the company is in a strong financial position, which should be reassuring to investors looking to increase their portfolio’s stability by buying into a dividend stock. Investors should definitely consider buying in to the company as it stands to be an excellent addition to any portfolio. Live Quote…

Analysis

GoodWhale has conducted an analysis of CNO FINANCIAL‘s wellbeing and according to our Star Chart, the company is strong in dividend, medium in asset and weak in growth, profitability. However, CNO FINANCIAL has a high health score of 7/10 with regard to its cashflows and debt, which means the company is capable of safely riding out any crisis without the risk of bankruptcy. Based on this analysis, we have classified CNO FINANCIAL as a ‘cow’ – a type of company with a track record of paying out consistent and sustainable dividends. Investors looking for a steady and consistent dividend stream may find CNO FINANCIAL attractive. This company may also appeal to those seeking a more long-term investment to reap the rewards of its dividend income over the years. Investors who are more focused on capital growth should look elsewhere as CNO FINANCIAL’s growth and profitability are weak. More…

Peers

Its competitors are National Western Life Group Inc, Wustenrot & Wurttembergische AG, and iA Financial Corp Inc.

– National Western Life Group Inc ($NASDAQ:NWLI)

National Western Life Group Inc is a holding company that operates through its subsidiaries engaged in the life insurance business. Its products include whole life, term life, universal life, and annuities. The company was founded in 1906 and is headquartered in Austin, Texas.

– Wustenrot & Wurttembergische AG ($LTS:0GJN)

Wustenrot & Wurttembergische AG is a German mutual insurance company headquartered in Stuttgart. As of 2022, it had a market capitalization of €1.44 billion and a return on equity of 14.21%. The company provides a range of insurance products, including life, health, property and casualty, and pension products, as well as banking and investment products.

– iA Financial Corp Inc ($TSX:IAG)

AmeriA Financial Corp Inc has a market cap of 7.68B as of 2022. The company has a Return on Equity of 9.41%. AmeriA Financial Corp Inc is a provider of insurance and financial services. The company offers a range of products and services, including life insurance, annuities, and investments.

Summary

CNO Financial is a publicly traded financial services holding company that specializes in providing life insurance, annuities, health insurance, and Medicare supplements to middle-income Americans. Currently, CNO Financial is an attractive dividend stock for investors. CNO Financial has experienced steady revenue growth over the past few years, and its balance sheet is strong with a debt-to-equity ratio of 0.56, indicating that the company has the ability to pay its dividends. The company has also been utilizing its cash flows to repurchase shares and increase its dividend payments.