Kemper Corporation (KMPR) To Go Ex-Dividend on November 16th

Kemper Corporation (NYSE:KMPR) announced a quarterly dividend on Thursday, November 5th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.32 per share by the insurance provider on Wednesday, December 2nd. This represents a $1.28 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Monday, November 16th.

Kemper has a dividend payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. 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 Price Performance

Shares of KMPR stock opened at $33.38 on Friday. The company has a market cap of $1.97 billion, a P/E ratio of -3.97 and a beta of 1.06. The business has a fifty day simple moving average of $28.37 and a 200 day simple moving average of $29.65. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. Kemper has a twelve month low of $22.69 and a twelve month high of $41.74.

Kemper (NYSE:KMPR) last issued its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, topping the consensus estimate of $0.34 by $0.11. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the firm earned $1.30 earnings per share. The firm’s revenue for the quarter was down 10.8% on a year-over-year basis. On average, sell-side analysts forecast that Kemper will post 2.10 EPS for the current fiscal year.

Kemper Company Profile

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.