SPRINGFIELD, Ill., Dec. 5, 2012 /PRNewswire/ -- Horace Mann
Educators Corporation (NYSE:HMN) Board of Directors today announced
a quarterly dividend of 16 cents per
share payable on December 31, 2012 to
shareholders of record as of December 17,
2012. The quarterly dividend amount represents an increase
of 23 percent from the third quarter 2012 dividend.
"The Board's decision to raise the dividend, the fourth
consecutive increase since 2008, reflects Horace Mann's continued financial strength,
excess capital position, strong cash flow and management's positive
outlook on operations," said Peter H.
Heckman, President and Chief Executive Officer.
Horace Mann -- the largest
national multiline insurance company focusing on educators'
financial needs -- provides auto and homeowners insurance,
retirement annuities, life insurance and other financial solutions.
Founded by Educators for Educators® in 1945, the
company is headquartered in Springfield,
Ill. For more information, visit www.horacemann.com.
Statements included in this news release that are not historical
in nature are forward-looking within the meaning of the Private
Securities Litigation Reform Act of 1995 and are subject to certain
risks and uncertainties. Horace Mann
is not under any obligation to (and expressly disclaims any such
obligation to) update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Please refer to the company's Quarterly Report on Form 10-Q for the
period ended September 30, 2012 and
the company's past and future filings and reports filed with the
Securities and Exchange Commission for information concerning the
important factors that could cause actual results to differ
materially from those in forward-looking statements.
SOURCE Horace Mann Educators Corporation