Kemper declares quarterly dividend of $0.32 per share

Published 05/11/2025, 15:06
Kemper declares quarterly dividend of $0.32 per share

CHICAGO - Kemper Corporation (NYSE:KMPR) announced Wednesday that its Board of Directors has declared a quarterly dividend of $0.32 per share, according to a company press release. The dividend represents a 2.93% yield at the current share price of $43.75, which is trading near its 52-week low of $43.44.

The dividend will be payable on December 3, 2025, to shareholders of record as of November 17, 2025. InvestingPro data shows Kemper has maintained dividend payments for an impressive 36 consecutive years, demonstrating strong commitment to shareholder returns.

Kemper Corporation is a specialized insurance provider with approximately $13 billion in assets. The company offers insurance solutions through its Kemper Auto and Kemper Life brands, serving over 4.7 million policies across the United States.

The company’s operations are supported by 24,000 agents and brokers, alongside 7,500 associates.

In other recent news, Kemper Corporation announced the departure of Executive Vice President Duane A. Sanders, who will transition to an Executive Advisor role until the end of 2025 to aid in the handover of his duties. The company will finalize his compensation and benefits through a Separation and Release Agreement, with details to be disclosed in a future filing. Additionally, Kemper’s CEO and President, Joseph P. Lacher, Jr., has stepped down after nearly a decade, with C. Thomas Evans, Jr. stepping in as Interim CEO. Following Lacher’s departure, Raymond James downgraded Kemper’s stock from Outperform to Market Perform. In another development, Kemper has initiated a $150 million accelerated share repurchase program with Goldman Sachs to buy back a significant portion of its common stock. The company will pay Goldman Sachs on August 14, 2025, and expects an initial delivery of over two million shares. These recent developments highlight significant changes in Kemper’s leadership and financial strategies.

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