Kemper Announces Dividend Increase

Rhea-AI Summary

Kemper Corporation (NYSE: KMPR) has announced a 3.3% increase in its quarterly dividend to $0.31 per share, up from the previous $0.30 per share. This new dividend results in an annualized amount of $1.24, compared to $1.20 previously. The dividend will be payable on March 2, 2021 to shareholders of record by February 16, 2021. Kemper's President & CEO, Joseph P. Lacher, Jr., stated that the increase reflects confidence in the company's ability to achieve sustained growth and highlights a strong financial position.

Positive

• Quarterly dividend increased by 3.3% to $0.31 per share.
• Annualized dividend now $1.24, an increase from $1.20.
• Reflects confidence in the company's long-term growth and strong financial position.

Negative

• None.

Kemper Corporation (NYSE: KMPR) announced today that its Board of Directors has declared an increase in the company’s quarterly dividend to $0.31 per share, an increase of 3.3% or one cent over the previous quarterly dividend. The new quarterly dividend represents an annualized dividend amount of $1.24 per share, as compared to the current annualized dividend amount of $1.20 per share.

“This dividend increase reflects continuing confidence in our ability to deliver sustained, long-term profitable growth for our shareholders," said Kemper President and CEO Joseph P. Lacher, Jr. "It also recognizes our strong financial position and is further evidence that we are successfully executing on our strategic plan."

The dividend is payable on March 2, 2021 to shareholders of record as of February 16, 2021.

About Kemper

The Kemper family of companies is one of the nation’s leading specialized insurers. With $14.3 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance, Life and Health brands. Kemper serves over 6.2 million policies, is represented by more than 30,000 agents and brokers, and has 9,500 associates dedicated to meeting the ever-changing needs of its customers. Learn more about Kemper at the Company’s website, kemper.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210203005884/en/

FAQ

What is the new dividend amount for KMPR?

The new quarterly dividend amount for Kemper Corporation (KMPR) is $0.31 per share.

When will the dividend for KMPR be paid?

The dividend for KMPR will be payable on March 2, 2021.

What is the record date for KMPR's dividend?

The record date for KMPR's dividend is February 16, 2021.

How much did KMPR increase its dividend by?

Kemper Corporation (KMPR) increased its dividend by 3.3%, or one cent.

What does the dividend increase indicate about KMPR's performance?

The dividend increase indicates confidence in KMPR's ability to achieve sustained, long-term profitable growth.