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Horace Mann Maintains Steady Dividend

Friday - 5/24/2013, 3:26am  ET

Multiline insurance company Horace Mann Educators  announced yesterday its second-quarter dividend of $0.195 per share, the same rate it paid last quarter when it raised the payout 22%, from $0.16 per share.

The board of directors said the quarterly dividend is payable on June 28 to the holders of record at the close of business on June 10. 

The regular dividend payment equates to a $0.78-per-share annual dividend, yielding 3.4% based on the closing price of Horace Mann Educator's stock on May 22.

HMN Dividend Chart

HMN Dividend data by YCharts

This article was originally published as Horace Mann Maintains Steady Dividendon Fool.com

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