Kemper Corporation (NYSE:KMPR) Shareholders to Collect $0.32 Quarterly Dividend

Kemper Corporation (NYSE:KMPR) announced a quarterly dividend on Thursday, November 5th. Investors of record on Monday, November 16th will be given a dividend of $0.32 per share by the insurance provider on Wednesday, December 2nd. This represents a $1.28 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, November 16th.

Kemper has a payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Kemper to earn $4.02 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 31.8%.

Kemper Stock Performance

Kemper stock opened at $35.34 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. The stock has a market cap of $2.08 billion, a PE ratio of -4.21 and a beta of 1.06. Kemper has a 12-month low of $22.69 and a 12-month high of $41.74. The business’s 50-day moving average price is $28.25 and its two-hundred day moving average price is $29.68.

Kemper (NYSE:KMPR) last posted its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The business’s revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.30 earnings per share. As a group, analysts expect that Kemper will post 2.10 earnings per share for the current fiscal year.

About Kemper

Kemper Corporation (NYSE: KMPR) is an insurance holding company that provides property and casualty insurance products to individuals, families and businesses in the United States. Its operations focus primarily on personal and commercial automobile insurance, along with related coverage designed for customers in specialty and preferred insurance markets.

The company offers products that may include nonstandard and standard auto insurance, homeowners and renters insurance, and other personal insurance solutions.