Unum Group's latest quarterly dividend of $0.365 per share was on Jul 27, 2023 (ex-date). At an annualized rate of $1.36 per share, the stock yields 2.7%. The latest UNM payment of $0.365 marks a dividend growth of 11%.
Unum Group's dividend yield of 2.7% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 3.75%, Unum Group's dividend yield is 28% lower. Historically UNM's dividend yield has averaged at 4.1% in the last 5 years, which is above the current yield.
Unum Group has a history of paying dividends since 1994. Our records of UNM show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% since twelve months ago. However with the price of the stock up by 29% from a year ago, the dividend yield has a decrease of 15%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jul 27, 2023 | Aug 18, 2023 | Jul 14, 2023 | $0.365 | normal |
| Apr 27, 2023 | May 19, 2023 | Apr 14, 2023 | $0.33 | normal |
| Jan 26, 2023 | Feb 17, 2023 | Jan 13, 2023 | $0.33 | normal |
| Oct 27, 2022 | Nov 18, 2022 | Oct 14, 2022 | $0.33 | normal |
| Jul 28, 2022 | Aug 19, 2022 | Jul 15, 2022 | $0.33 | normal |
| Apr 28, 2022 | May 20, 2022 | Apr 15, 2022 | $0.3 | normal |
| Jan 27, 2022 | Feb 18, 2022 | Jan 14, 2022 | $0.3 | normal |
| Oct 28, 2021 | Nov 19, 2021 | Oct 15, 2021 | $0.3 | normal |
| Jul 29, 2021 | Aug 20, 2021 | Jul 16, 2021 | $0.3 | normal |
| Apr 29, 2021 | May 21, 2021 | Apr 16, 2021 | $0.285 | normal |
| Jan 28, 2021 | Feb 19, 2021 | Jan 15, 2021 | $0.285 | normal |
| Oct 29, 2020 | Nov 20, 2020 | Oct 16, 2020 | $0.285 | normal |
| Jul 30, 2020 | Aug 21, 2020 | Jul 17, 2020 | $0.285 | normal |
| Apr 24, 2020 | May 15, 2020 | Apr 9, 2020 | $0.285 | normal |
| Jan 30, 2020 | Feb 21, 2020 | Jan 17, 2020 | $0.285 | normal |
| Oct 25, 2019 | Nov 15, 2019 | Oct 15, 2019 | $0.285 | normal |
| Jul 26, 2019 | Aug 16, 2019 | Jul 15, 2019 | $0.285 | normal |
| Apr 26, 2019 | May 17, 2019 | Apr 15, 2019 | $0.26 | normal |
| Jan 25, 2019 | Feb 15, 2019 | Jan 14, 2019 | $0.26 | normal |
| Oct 26, 2018 | Nov 16, 2018 | Oct 15, 2018 | $0.26 | normal |
| Jul 27, 2018 | Aug 17, 2018 | Jul 16, 2018 | $0.26 | normal |
| Apr 27, 2018 | May 18, 2018 | Apr 16, 2018 | $0.23 | normal |
| Jan 26, 2018 | Feb 16, 2018 | Jan 16, 2018 | $0.23 | normal |
| Oct 27, 2017 | Nov 17, 2017 | Oct 16, 2017 | $0.23 | normal |
| Jul 27, 2017 | Aug 18, 2017 | Jul 17, 2017 | $0.23 | normal |
| Apr 26, 2017 | May 19, 2017 | Apr 14, 2017 | $0.2 | normal |
| Jan 26, 2017 | Feb 17, 2017 | Jan 17, 2017 | $0.2 | normal |
| Oct 27, 2016 | Nov 18, 2016 | Oct 14, 2016 | $0.2 | normal |
| Jul 27, 2016 | Aug 19, 2016 | Jul 15, 2016 | $0.2 | normal |
| Apr 27, 2016 | May 20, 2016 | Apr 15, 2016 | $0.185 | normal |
| Jan 27, 2016 | Feb 19, 2016 | Jan 15, 2016 | $0.185 | normal |
Unum Group's payout ratio of 18.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 33.4%, Unum Group's payout ratio is 44% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PFG Principal Financial Group Inc | 3.49% | $2.57 | 38.1% |
| UNM Unum Group | 2.73% | $1.36 | 18.7% |
| CNO CNO Financial Group Inc | 2.41% | $0.58 | 29.9% |
| AFL Aflac Inc | 2.16% | $1.66 | 22% |
| AIZ Assurant Inc | 1.9% | $2.8 | 43.4% |
| VOYA Voya Financial Inc | 1.24% | $0.84 | 13.8% |
| AAME Atlantic American Corp | 1.03% | $0.02 | 200% |
Yes, Unum Group has been paying dividends for the last 29 years.
At this point we don't have a record of UNM's next dividend date, but based on the current dividend schedule we project that it will likely be in October 2023.
Unum Group's last dividend ex-date was on Jul 27, 2023. The dividend amount was $0.365 per share.
UNM's annualized dividend per share is $1.36.
Currently Unum Group's dividend yield is 2.7%.
Unum Group pays dividends quarterly.
Unum Group's dividend payout ratio is 18.7%.
Unum Group's dividend yield is below the Financial Services sector average.