Investors eagerly anticipate the dividend payout from CNO Finl Group CNO on December 22, 2023. With a payout of $0.15 per share and an annualized dividend yield of 2.47%, this reward is exclusively for shareholders who held the stock before the ex-dividend date on December 07, 2023
CNO Finl Group Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-07 | 4 | $0.15 | 2.47% | 2023-11-10 | 2023-12-08 | 2023-12-22 |
| 2023-09-07 | 4 | $0.15 | 2.41% | 2023-08-09 | 2023-09-08 | 2023-09-22 |
| 2023-06-08 | 4 | $0.15 | 2.93% | 2023-05-05 | 2023-06-09 | 2023-06-23 |
| 2023-03-09 | 4 | $0.14 | 2.19% | 2023-02-15 | 2023-03-10 | 2023-03-24 |
| 2022-12-08 | 4 | $0.14 | 2.56% | 2022-11-09 | 2022-12-09 | 2022-12-23 |
| 2022-09-08 | 4 | $0.14 | 2.98% | 2022-08-10 | 2022-09-09 | 2022-09-23 |
| 2022-06-09 | 4 | $0.14 | 2.6% | 2022-05-06 | 2022-06-10 | 2022-06-24 |
| 2022-03-09 | 4 | $0.13 | 2.08% | 2022-02-16 | 2022-03-10 | 2022-03-24 |
| 2021-12-09 | 4 | $0.13 | 2.08% | 2021-11-12 | 2021-12-10 | 2021-12-24 |
| 2021-09-09 | 4 | $0.13 | 2.23% | 2021-08-11 | 2021-09-10 | 2021-09-24 |
| 2021-06-09 | 4 | $0.13 | 1.93% | 2021-05-07 | 2021-06-10 | 2021-06-24 |
| 2021-03-09 | 4 | $0.12 | 2.09% | 2021-02-17 | 2021-03-10 | 2021-03-24 |
With a dividend yield that places it neither at the top nor the bottom, CNO Finl Group finds itself in the middle among its industry peers, while Lincoln National LNC boasts the highest annualized dividend yield at 6.55%.
Analyzing CNO Finl Group Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.43 in 2019 to $0.55 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For CNO Finl Group
The earnings chart above shows that from 2019 to 2022, CNO Finl Group has experienced an increase in their earnings from $1.79 per share to $2.63 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of CNO Finl Group and its implications for shareholders. Presently, the company is distributing a dividend of $0.15 per share, leading to an annualized dividend yield of 2.47%.
With a dividend yield that places it neither at the top nor the bottom, CNO Finl Group finds itself in the middle among its industry peers, while Lincoln National boasts the highest annualized dividend yield at 6.55%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for CNO Finl Group indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
[Track real-time stock fluctuations for CNO Finl Group on Benzinga.](https://www.benzinga.com/quote/CNO Finl Group (NYSE: CNO))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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