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CARMEL, Ind. - CNO Financial Group, Inc. (NYSE: CNO), currently trading at $38.19 per share, has raised its quarterly dividend by $0.01 per share, marking the thirteenth year of consecutive annual increases for the company’s shareholders. The new dividend, set at $0.17 per share, representing a 1.72% yield, is scheduled for payment on June 24, 2025, to shareholders who are on record as of June 10, 2025.
This decision by CNO Financial’s Board of Directors reflects the company’s ongoing commitment to delivering shareholder value. According to InvestingPro, management has been aggressively buying back shares, demonstrating strong confidence in the company’s future. CNO Financial Group, a provider of insurance and financial services with a market capitalization of $3.83 billion and a P/E ratio of 13.06, focuses on securing the futures of middle-income Americans. The company offers a variety of products such as life and health insurance, annuities, and workforce benefits solutions through its family of brands, which includes Bankers Life, Colonial Penn, Optavise, and Washington National.
With over 3.2 million policies in force and $37.4 billion in total assets, CNO Financial serves its customers with a workforce comprising approximately 3,400 associates, 4,800 exclusive agents, and more than 5,500 independent partner agents. The company’s agents and associates are dedicated to guiding individuals, families, and businesses through important financial decisions that affect their health, income, and retirement planning.
This dividend increase is part of CNO Financial’s broader strategy to manage its financial resources effectively while continuing to invest in business growth and return capital to its shareholders.
The information in this article is based on a press release statement from CNO Financial Group.
In other recent news, CNO Financial Group reported its first-quarter 2025 earnings, achieving an earnings per share (EPS) of $0.79, which aligned with analyst expectations. The company surpassed revenue forecasts, generating $1 billion compared to the anticipated $975.82 million. Despite these positive results, CNO Financial’s stock experienced a decline, reflecting broader market trends and investor concerns about future growth. The company reaffirmed its full-year 2025 guidance, maintaining confidence in its ability to achieve profitable growth and a planned 150 basis point improvement in return on equity (ROE) over the next three years.
CNO Financial also noted a significant increase in operating earnings per diluted share, up by 52% compared to the previous year. The company’s diversified product portfolio, including new offerings like Optimize Clear, contributed to its strong performance. Additionally, CNO Financial highlighted its eleventh consecutive quarter of strong sales momentum and growth in producing agent count. Analysts from firms such as Piper Sandler and Autonomous inquired about the company’s buyback strategy and fee revenue dynamics, with CNO expressing confidence in continued agent recruitment and productivity growth. The company remains focused on leveraging its business model to sustain profitable growth and navigate economic fluctuations.
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