Horace Mann Increases Quarterly Dividend by 3.6%
March 07 2018 - 3:15PM
Horace Mann Educators Corporation (NYSE:HMN) today announced that
its Board of Directors approved a 3.6% increase in the quarterly
cash dividend, which will increase to $0.285 per share. This
represents an annualized dividend of $1.14 per share and follows a
4% increase declared in March 2017.
“This marks the tenth consecutive year the Board has approved a
dividend increase,” said Marita Zuraitis, President and Chief
Executive Officer. “We are pleased with our strong 2017 results,
and remain intently focused on continued profitable growth and
driving long-term shareholder value.”
The quarterly dividend is payable on March 30, 2018 to
shareholders of record as of March 19, 2018.
About Horace MannHorace Mann (Horace Mann
Educators Corp. (NYSE:HMN)) is the largest financial services
company focused on providing America’s educators and school
employees with insurance and retirement solutions. Founded by
Educators for Educators® in 1945, the company is headquartered in
Springfield, Illinois. For more information about the company,
visit horacemann.com.
Safe Harbor Statement & Non-GAAP
MeasuresStatements 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 December 31, 2017 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. Information contained in this press
release includes measures which are based on methodologies other
than accounting principles generally accepted in the United States
(“GAAP”) and additional descriptions of the non-GAAP measures are
contained in the Glossary of Selected Terms included as an exhibit
to the Company’s SEC filings.
Contact information:Ryan Greenier, Vice President, Investor
Relations217-788-5738
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