Kemper Corporation (KMPR) to Issue Quarterly Dividend of $0.32 on March 3rd

Kemper Corporation (NYSE:KMPR) declared a quarterly dividend on Wednesday, February 4th. Investors of record on Tuesday, February 17th will be given a dividend of 0.32 per share by the insurance provider on Tuesday, March 3rd. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Tuesday, February 17th.

Kemper has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years. Kemper has a dividend payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kemper to earn $6.61 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 19.4%.

Kemper Trading Down 0.9%

Shares of NYSE:KMPR opened at $32.08 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.19 and a current ratio of 0.18. The company has a 50-day simple moving average of $38.77 and a 200 day simple moving average of $45.04. The company has a market capitalization of $1.88 billion, a P/E ratio of 14.65 and a beta of 1.14. Kemper has a 52-week low of $30.05 and a 52-week high of $69.83.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, February 4th. The insurance provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.60). The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.22 billion. Kemper had a net margin of 2.99% and a return on equity of 8.02%. The firm’s revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the company posted $1.78 EPS. Sell-side analysts forecast that Kemper will post 6.03 earnings per share for the current year.

Kemper Company Profile

Kemper Corporation (NYSE:KMPR) is a diversified insurance holding company headquartered in Chicago, Illinois. Formed through the rebranding of Unitrin in 2010, Kemper has established a nationwide presence by offering a broad array of property and casualty insurance products. The company distributes its products through independent agents, brokers and direct-to-consumer channels, serving both individual policyholders and commercial clients.

The personal insurance segment provides coverage for automobiles, homeowners, renters and umbrella lines, while the commercial business focuses on liability, workers’ compensation and specialty property solutions tailored to small and mid-sized enterprises.