1. CNO Financial increased its quarterly dividend by $0.01 per share. 2. This marks the thirteenth consecutive annual dividend increase. 3. The new dividend is $0.17 per share, payable on June 24, 2025. 4. CNO secures financial futures for middle-income Americans with significant assets. 5. The company manages over 3.2 million policies, highlighting strong market presence.
The continued dividend increase indicates strong financial health, similar to competitors like MetLife. Historical trends show that consistent dividend growth can enhance investor confidence and stock price.
The dividend increase is a clear signal of financial stability and growth potential. This action directly attracts income-focused investors and may lead to increased stock prices in the short term.
The upcoming dividend payout may drive immediate investor interest and stock demand. However, the long-term impact will depend on broader market conditions.
CARMEL, Ind., May 2, 2025 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today that its Board of Directors has approved a $0.01 per share increase in its quarterly dividend, its thirteenth consecutive annual increase. The Board declared a quarterly cash dividend of $0.17 per share on the company's common shares. The dividend will be payable June 24, 2025, to shareholders of record at the close of business on June 10, 2025.
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $37.4 billion in total assets. Our 3,400 associates, 4,800 exclusive agents and more than 5,500 independent partner agents guide individuals, families, and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
SOURCE CNO Financial Group