By Roshan Fernandez
CNO Financial said it has raised its quarterly dividend by about 6.25%, which the company said was its 13th consecutive annual increase.
The company increased its dividend to 17 cents per share, up from its previous dividend of 16 cents a share.
The new payout, equal to 68 cents a year, represents an annual yield of 1.78% based on Friday's closing price of $38.19.
The company last raised its dividend in May 2024 by 1 cent per share. The dividend will be payable to shareholders of record as of June 10.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 02, 2025 16:41 ET (20:41 GMT)
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