Kemper Announces Dividend Raise | Organization & Finance

CHICAGO–(Small business WIRE)–Feb 3, 2021–

Kemper Company (NYSE: KMPR) announced now that its Board of Directors has declared an enhance in the company’s quarterly dividend to $.31 per share, an improve of 3.3% or a single cent in excess of the former quarterly dividend. The new quarterly dividend signifies an annualized dividend amount of $1.24 per share, as compared to the recent annualized dividend total of $1.20 per share.

“This dividend increase reflects continuing assurance in our potential to produce sustained, extended-time period rewarding progress for our shareholders,” reported Kemper President and CEO Joseph P. Lacher, Jr. “It also recognizes our sturdy financial posture and is further more proof that we are efficiently executing on our strategic plan.”

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

The Kemper loved ones of firms is one of the nation’s top specialised insurers. With $14.3 billion in assets, Kemper is improving upon the entire world of insurance coverage by giving economical and quick-to-use personalised options to men and women, family members and enterprises as a result of its Automobile, Own Insurance coverage, Everyday living and Overall health makes. Kemper serves more than 6.2 million insurance policies, is represented by far more than 30,000 brokers and brokers, and has 9,500 associates dedicated to conference the at any time-transforming requirements of its shoppers. Understand more about Kemper at the Company’s internet site, kemper.com.

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Source: Kemper Company

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PUB: 02/03/2021 04:15 PM/DISC: 02/03/2021 04:15 PM

Copyright Business Wire 2021.