Kemper Announces Dividend Increase
CHICAGO--(BUSINESS WIRE)--Feb 6, 2019--Kemper Corporation (NYSE: KMPR) announced today that its Board of Directors has declared an increase in the company’s quarterly dividend to $0.25 per share, an increase of 4% or one cent over the previous quarter’s dividend. The dividend is payable on March 5, 2019 to its shareholders of record as of February 19, 2019. The new quarterly dividend represents an annualized dividend amount of $1.00 per share as compared to the current annualized dividend amount of $0.96 per share.
“We are pleased that the continued success of the strategic plan we announced in 2016 has allowed us to increase the dividend we pay to our shareholders,” said Joseph P. Lacher, Jr., Kemper President and Chief Executive Officer. “A growing dividend is a sign of our confidence in the direction of the company and a key part of our value proposition for shareholders.”
The Kemper family of companies is one of the nation’s leading insurers. With $11 billion in assets, Kemper is improving the world of insurance by offering personalized solutions for individuals, families and businesses. Through our businesses, Kemper:Offers insurance for auto, home, life, health and valuables Services approximately seven million policies Is represented by more than 30,000 agents and brokers Employs over 7,800 associates dedicated to providing exceptional service Is licensed to sell insurance in 50 states and the District of Columbia
Learn more about Kemper.
Caution Regarding Forward-Looking Statements
This press release may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events, and can be identified by the fact that they relate to future actions, performance or results rather than strictly to historical or current facts.
Any or all forward-looking statements may turn out to be wrong, and, accordingly, readers are cautioned not to place undue reliance on such statements, which speak only as of the date of this press release. Forward-looking statements involve a number of risks and uncertainties that are difficult to predict, and are not guarantees of future performance. Among the general factors that could cause actual results and financial condition to differ materially from estimated results and financial condition are those listed in periodic reports filed by Kemper with the SEC. No assurances can be given that the results and financial condition contemplated in any forward-looking statements will be achieved or will be achieved in any particular timetable. Kemper assumes no obligation to publicly correct or update any forward-looking statements as a result of events or developments subsequent to the date of this press release. The reader is advised, however, to consult any further disclosures Kemper makes on related subjects in its filings with the SEC.
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CONTACT: Investors: Michael Marinaccio
News Media: Barbara Ciesemier
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES INSURANCE
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PUB: 02/06/2019 04:50 PM/DISC: 02/06/2019 04:50 PM