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SPRINGFIELD, Ill., March 07, 2018 -- Horace Mann Educators Corporation (NYSE:HMN) today announced that its Board of Directors approved a 3.6% increase in the quarterly cash dividend, which will increase to $0.285 per share. This represents an annualized dividend of $1.14 per share and follows a 4% increase declared in March 2017.
“This marks the tenth consecutive year the Board has approved a dividend increase,” said Marita Zuraitis, President and Chief Executive Officer. “We are pleased with our strong 2017 results, and remain intently focused on continued profitable growth and driving long-term shareholder value.”
The quarterly dividend is payable on March 30, 2018 to shareholders of record as of March 19, 2018.
About Horace Mann
Horace Mann (Horace Mann Educators Corp. (NYSE:HMN)) is the largest financial services company focused on providing America’s educators and school employees with insurance and retirement solutions. Founded by Educators for Educators® in 1945, the company is headquartered in Springfield, Illinois. For more information about the company, visit horacemann.com.
Safe Harbor Statement & Non-GAAP Measures
Statements included in this news release that are not historical in nature are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to certain risks and uncertainties. Horace Mann is not under any obligation to (and expressly disclaims any such obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Please refer to the Company's Quarterly Report on Form 10-Q for the period ended December 31, 2017 and the Company's past and future filings and reports filed with the Securities and Exchange Commission for information concerning the important factors that could cause actual results to differ materially from those in forward-looking statements. Information contained in this press release includes measures which are based on methodologies other than accounting principles generally accepted in the United States (“GAAP”) and additional descriptions of the non-GAAP measures are contained in the Glossary of Selected Terms included as an exhibit to the Company’s SEC filings.
Contact information:
Ryan Greenier, Vice President, Investor Relations
217-788-5738
