Unum Group declares quarterly dividend of $0.285 per share of its common stock

Rhea-AI Summary

On July 17, 2020, Unum Group (NYSE: UNM) announced a quarterly dividend of $0.285 per share on its common stock. The dividend will be paid on August 21, 2020, to shareholders recorded by July 31, 2020. Unum Group, a leader in disability income protection, reported revenues of $12 billion in 2019, distributing $7.5 billion in benefits. This consistent dividend policy reflects the company’s confidence in its financial stability and commitment to returning value to shareholders.

Positive

• Quarterly dividend declared at $0.285 per share, signaling strong company performance.
• Revenues of $12 billion reported in 2019, indicating healthy financials.
• Commitment to returning value to shareholders with regular dividends.

Negative

• None.

CHATTANOOGA, Tenn., July 17, 2020 /PRNewswire/ -- Effective July 17, 2020, the Unum Group (NYSE: UNM) Board of Directors declared a quarterly dividend of $0.285 per share on its common stock to be paid on August 21, 2020, to stockholders of record on July 31, 2020.

ABOUT UNUM GROUP

Unum Group provides a broad portfolio of financial protection benefits and services through the workplace, and is the leading provider of disability income protection worldwide. Through its Unum US, Unum UK, Unum Poland, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of $12 billion in 2019 and paid $7.5 billion in benefits.
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SOURCE Unum Group

FAQ

What is the dividend amount declared by Unum Group?

The declared dividend amount is $0.285 per share.

When will Unum Group's dividend be paid?

The dividend will be paid on August 21, 2020.

What is the record date for receiving the dividend from Unum Group?

The record date to receive the dividend is July 31, 2020.

How does Unum Group's dividend impact shareholders?

The dividend reflects the company's financial stability and commitment to returning value to shareholders.

What were Unum Group's revenues in 2019?

Unum Group reported revenues of $12 billion in 2019.