Unum Group Announces New Quarterly Dividend for Shareholders
Unum Group Declares Quarterly Dividend
Unum Group (NYSE: UNM) recently made a noteworthy announcement concerning its upcoming quarterly dividend for shareholders. The Board of Directors has officially declared a dividend of $0.420 per share on its common stock. This decision reflects the company’s commitment to its shareholders and emphasizes its positive financial standing.
Details of the Dividend Announcement
The quarterly dividend will be payable on February 14, 2025, to all stockholders who are on record as of January 24, 2025. This timeline allows shareholders to enjoy a tangible return on their investment and demonstrates Unum's ongoing strategy to provide reliable benefits to its investors.
Understanding Unum Group
Unum Group is a prominent international organization specializing in workplace benefits and services. For over 175 years, Unum has empowered employees and their families by offering various insurance solutions through its well-known brands, including Unum and Colonial Life.
Comprehensive Coverage Options
The company’s offerings include disability insurance, life insurance, accident and critical illness coverage, as well as dental and vision insurance. Furthermore, Unum provides leave and absence management support and behavioral health services, catering to the diverse needs of employees in today’s workplace.
2023 Financial Highlights
In the fiscal year 2023, Unum reported impressive revenues exceeding $12 billion, affirming its robust position in the market. Additionally, the company disbursed approximately $8 billion in benefits, signifying its dedication to supporting policyholders and their families.
Recognition and Ethical Standards
Unum’s ethical practices have earned it recognition as one of the World’s Most Ethical Companies according to Ethisphere. This accolade further cements Unum’s reputation as a responsible corporate citizen, committed not only to shareholders but also to the community.
Connecting with Unum Group
For further updates and information, stakeholders and interested parties are encouraged to visit the Unum Group newsroom. The company also maintains active engagement with the public through various social media platforms such as LinkedIn, Facebook, and Instagram.
Frequently Asked Questions
What is the declared quarterly dividend by Unum Group?
Unum Group declared a quarterly dividend of $0.420 per share for its common stock.
When will the dividend be paid?
The dividend will be paid on February 14, 2025, to shareholders of record by January 24, 2025.
What services does Unum Group provide?
Unum Group offers various workplace benefits, including disability, life, accident, critical illness, dental, and vision insurance.
How much revenue did Unum report in 2023?
Unum reported revenues exceeding $12 billion in the fiscal year 2023.
Why is Unum recognized as an ethical company?
Unum has been recognized as one of the World’s Most Ethical Companies due to its commitment to responsible corporate practices.
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