Analyzing Kemper's Ex-Dividend Date

Kemper KMPR declared a dividend payable on August 30, 2021 to its shareholders as of August 4, 2021. It was also announced that shareholders of Kemper's stock as of August 16, 2021 are entitled to the dividend. The stock is expected to become ex-dividend 1 business day(s) before the record date. The ex-dividend date for Kemper is set for August 13, 2021. The company's current dividend payout sits at $0.31, equating to a dividend yield of 1.98% at current price levels.

The Significance Of Ex-Dividend Dates

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Kemper's Dividend History

Over the past year, Kemper has experienced an overall upward trend regarding its dividend payouts and yields. Last year on August 14, 2020 the company's payout was $0.3, which has since grown by $0.01. Similarly, Kemper's dividend yield in last year was 1.47%, which has since grown by 0.51%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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