Quarterly Dividend of $0.13 Announced by Unum Group (UNM)
Unum Group (NYSE:UNM) announced a quarterly dividend on Monday, January 14th. Investors of record on Monday, January 28th will be paid a dividend of $0.13 per share on Friday, February 15th. This represents a $0.52 annualized dividend and a dividend yield of 2.34%.
A number of analysts have recently weighed in on UNM shares. Analysts at Citigroup initiated coverage on shares of Unum Group in a research note to investors on Wednesday, January 9th. They set a “neutral” rating and a $24.00 price target on the stock. On the ratings front, analysts at Deutsche Bank initiated coverage on shares of Unum Group in a research note to investors on Tuesday, January 8th. They set a “buy” rating and a $25.00 price target on the stock. Finally, analysts at Barclays Capital reiterated an “equalweight” rating on shares of Unum Group in a research note to investors on Thursday, January 3rd. They now have a $23.00 price target on the stock.
Five investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, and twelve have assigned a hold rating to the company. The company presently has an average rating of “overweight” and a consensus target price of $24.93.
Shares of Unum Group (UNM) traded up 0.14% during mid-day trading on Monday, hitting $22.24. Unum Group (UNM) has a 52 week low of $18.28 and a 52 week high of $24.81. The stock’s 50-day moving average is currently $20.96. The company has a market cap of $6.119 billion and a P/E ratio of 26.19.
Unum Group last posted its quarterly earnings results on Wednesday, October 31st. The company reported $0.80 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.04. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts predict that Unum Group (UNM) will post $3.10 earnings per share for the current fiscal year.
Unum Group and its insurance and non-insurance subsidiaries, operate in the United States, the United Kingdom, and, to a limited extent, in certain other countries worldwide.
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