Kemper Corporation (KMPR) to Issue Quarterly Dividend of $0.32 on March 3rd

Kemper Corporation (NYSE:KMPR) declared a quarterly dividend on Wednesday, February 4th. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.32 per share by the insurance provider on Tuesday, March 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Tuesday, February 17th.

Kemper has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Kemper has a payout ratio of 19.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Kemper to earn $6.61 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 19.4%.

Kemper Stock Down 13.1%

KMPR stock opened at $33.47 on Friday. The company’s 50 day moving average price is $39.61 and its 200 day moving average price is $46.32. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 15.28 and a beta of 1.14. Kemper has a fifty-two week low of $30.05 and a fifty-two week high of $72.25. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.19 and a current ratio of 0.19.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.60). Kemper had a return on equity of 7.89% and a net margin of 2.99%.The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the firm earned $1.78 EPS. The company’s revenue was down 4.7% on a year-over-year basis. On average, equities research analysts anticipate that Kemper will post 6.03 EPS for the current fiscal year.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.