Unum Group declares quarterly dividend of $0.285 per share of its common stock

Rhea-AI Summary

On October 16, 2020, Unum Group (NYSE:UNM) announced a quarterly dividend of $0.285 per share, payable on November 20, 2020. Stockholders of record by October 30, 2020 will receive this dividend. In 2019, Unum reported revenues of $12 billion and paid out $7.5 billion in benefits. The company offers a range of financial protection benefits and is a leading provider of disability income protection globally, with operations in the US, UK, Poland, and through Colonial Life.

Positive

• Quarterly dividend declared at $0.285 per share, highlighting consistent shareholder returns.
• Reported revenues of $12 billion in 2019, indicating strong financial performance.
• Paid $7.5 billion in benefits, reflecting commitment to providing financial protection.

Negative

• None.

CHATTANOOGA, Tenn., Oct. 16, 2020 /PRNewswire/ -- Effective October 16, 2020, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.285 per share on its common stock to be paid on November 20, 2020, to stockholders of record on October 30, 2020.

ABOUT UNUM GROUP

Unum Group provides a broad portfolio of financial protection benefits and services through the workplace, and is the leading provider of disability income protection worldwide. Through its Unum US, Unum UK, Unum Poland, and Colonial Life businesses, the company provides disability, life, accident, critical illness, dental and vision benefits that protect millions of working people and their families. Unum also provides leave and absence management services that streamline the leave experience for employers and employees, and stop-loss coverage to help self-insured employers protect against medical costs. Unum reported revenues of $12 billion in 2019 and paid $7.5 billion in benefits.

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SOURCE Unum Group

FAQ

When is the Unum Group dividend payment date?

The Unum Group dividend payment date is November 20, 2020.

What is the dividend amount declared by Unum Group?

Unum Group has declared a dividend amount of $0.285 per share.

Who will receive the Unum Group dividend?

Stockholders of record on October 30, 2020, will receive the Unum Group dividend.

How often does Unum Group pay dividends?

Unum Group typically pays dividends quarterly.

What were Unum Group's revenues in 2019?

Unum Group reported revenues of $12 billion in 2019.