Unum Group dividend yield – Unum Group Declares Quarterly Cash Dividend of $0.33 and Offers 3.19% Forward Yield
January 15, 2023
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Unum Group Intrinsic Value – UNUM GROUP ($NYSE:UNM) is a leading provider of employee benefits, providing financial protection to individuals and families throughout the United States and the United Kingdom. UNUM Group has just announced that it is paying a quarterly cash dividend of $0.33 per share, which is consistent with its past payouts. The dividend will be payable on February 17 to shareholders of record as of January 27, with an ex-dividend date of January 26. This gives UNUM Group a current forward yield of 3.19%. The dividend reflects UNUM Group’s commitment to return value to its shareholders. This dividend is a reflection of the company’s strong financial position, solid capital base, and ability to generate sustained cash flows.
UNUM Group’s focus on providing financial protection to individuals and families has been successful in increasing its customer base and driving its growth. The company’s financial strength has enabled it to increase its dividend payments over the years. The company’s dividend policy also serves to reward investors for their loyalty and long-term commitment. The company has a history of consistently paying its dividend and its 3.19% yield provides attractive returns in an uncertain market. Investors can also benefit from UNM’s Dividend Scorecard, Yield Chart, and Dividend Growth, which are available at https://seekingalpha.com/news/3924613-unum-group-declares-0_33-dividend?utm_source=vi.app&utm_medium=referral $bubbleId:41723.
Dividends – Unum Group dividend yield
This dividend is the third quarter dividend for the year 2022 and brings the full year dividend to $1.23 per share, which is an increase from the $1.17 and $1.14 dividends issued for the last two years. The dividend yields for UNUM GROUP from 2020 to 2022 are 5.61%, 4.3%, and 4.08% respectively, giving it a three-year average dividend yield of 4.66%. This makes UNUM GROUP a great option for those looking for dividend stocks.
The company’s stock price has seen steady growth in recent years, and it has a strong balance sheet with a solid history of dividend payments. With its strong financials and solid history of dividend payments, UNUM GROUP could be a great option for those looking for a reliable dividend stock to add to their portfolio.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Unum Group. More…
| Total Revenues | Net Income | Net Margin |
| 11.92k | 1.19k | 10.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Unum Group. More…
| Operations | Investing | Financing |
| 1.69k | -1.34k | -168.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Unum Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 60.87k | 52.21k | 48.47 |
Key Ratios Snapshot
Some of the financial key ratios for Unum Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.1% | – | 13.9% |
| FCF Margin | ROE | ROA |
| 13.4% | 11.3% | 1.7% |
Share Price
UNUM GROUP stock opened at $41.1 and closed at $41.4, up by 0.6% from prior closing price of $41.1. The payment of this dividend reflects UNUM GROUP’s commitment to return value to its shareholders. The company has also stated that its board is currently reviewing its dividend policy and may make changes in future dividend payments. UNUM GROUP is a provider of employee benefits, providing health, life, disability, and other insurance products to protect individuals and their families.
The company has demonstrated strong financial performance in recent years, and has consistently increased its dividends over time. This increase in dividend payments reflects the company’s confidence in its ability to generate returns for its shareholders. Overall, UNUM GROUP’s announcement of a quarterly dividend payment of $0.33 per share and a 3.19% forward yield is a positive sign for investors who are looking for steady returns from their investments. Live Quote…
VI Analysis – Unum Group Intrinsic Value Calculator
UNUM GROUP is a company that has been generating steady growth in terms of its fundamentals, which is a reflection of the company’s long-term potential. This potential can be easily assessed using VI’s financial analysis app, which simplifies the process. According to the app, UNUM GROUP’s intrinsic value is estimated to be around $27.5 per share. At the time of writing, the stock is currently trading at $41.4, which indicates that it is overvalued by approximately 50%. This means that investors should exercise caution when considering an investment in UNUM GROUP due to the stock being overvalued relative to its intrinsic value. Investors should also keep an eye on the company’s fundamentals and look for any signs of a potential downturn in order to make an informed decision about whether or not to invest. Overall, UNUM GROUP appears to be a solid long-term investment option due to its strong fundamentals and potential for growth. More…
VI Peers
The company offers a variety of products and services to its customers. The Unum Group has a number of competitors, including Kansas City Life Insurance Company, National Western Life Group, Inc., and Citizens, Inc.
– Kansas City Life Insurance Co ($OTCPK:KCLI)
Kansas City Life Insurance Company has a market cap of 283.24M as of 2022. The company offers a wide range of life insurance products, including whole life, term life, and universal life insurance. Kansas City Life Insurance also offers annuities and long-term care insurance.
– National Western Life Group Inc ($NASDAQ:NWLI)
National Western Life Group, Inc. is a holding company, which engages in the provision of life insurance and annuity products. It operates through the following segments: Domestic Life Insurance, International Life Insurance, and Annuities. The Domestic Life Insurance segment offers whole life, term life, and universal life products. The International Life Insurance segment provides whole life, term life, and universal life products. The Annuities segment offers fixed and variable annuities. The company was founded by Oliver W. Isbell and H.C. Waggoner in 1906 and is headquartered in Austin, TX.
– Citizens Inc ($NYSE:CIA)
Citizens Inc is a Texas-based insurance holding company that offers life insurance, annuity, and property and casualty insurance products. The company’s market cap as of 2022 is $142.93M. Citizens Inc was founded in 1866 and has been publicly traded on the New York Stock Exchange since 1986. The company employs over 1,000 people and has over $5 billion in assets.
Summary
UNUM Group is a financial services company based in the United States. The company recently declared a quarterly cash dividend of $0.33, offering a forward yield of 3.19%. Investors may want to consider UNUM Group as an attractive investment opportunity due to the steady dividend income generated from the company’s strong cash flow.
Additionally, UNUM Group has a strong balance sheet and a large customer base, making it an attractive option for long-term investors. The company has a history of returning value to shareholders through dividends and stock repurchases, making it an attractive choice for those looking to build a portfolio of high-yielding stocks.
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