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CHICAGO - Kemper Corporation (NYSE: NYSE:KMPR), a leading specialized insurer, has announced a modest increase in its quarterly dividend. The Board of Directors approved a rise of 3.1%, or $0.01, to $0.32 per share. This adjustment lifts the annual dividend from $1.24 to $1.28 per share, representing a current yield of 1.88%. According to InvestingPro data, this marks the company’s 35th consecutive year of maintaining dividend payments.
The company’s President and CEO, Joseph P. Lacher, Jr., remarked that this increment reflects their confidence in Kemper’s ability to deliver sustained, long-term growth for its shareholders.
Eligible shareholders must be on record by February 18, 2025, to receive the dividend, which is scheduled for disbursement on March 4, 2025.
Kemper Corporation operates across the United States, offering a variety of insurance products tailored to meet the needs of individuals, families, and businesses. With assets totaling approximately $13 billion and a market capitalization of $4.38 billion, the company prides itself on accessible and personalized insurance solutions through its Kemper Auto and Kemper Life brands. It manages over 4.8 million policies and works with more than 22,200 agents and brokers, supported by a workforce of 7,500 associates. The company maintains a P/E ratio of 16.15 and generates annual revenue of $4.64 billion, demonstrating its significant market presence.
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The information provided is based on a press release statement from Kemper Corporation.
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