Kemper Corporation (NYSE:KMPR) Declares Quarterly Dividend of $0.32

Kemper Corporation (NYSE:KMPR) declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Friday, August 21st will be paid a dividend of 0.32 per share by the insurance provider on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Friday, August 21st.

Kemper has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Kemper has a payout ratio of 19.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Kemper to earn $4.32 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 29.6%.

Kemper Price Performance

Shares of NYSE KMPR opened at $29.16 on Thursday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a fifty day moving average of $27.11 and a 200 day moving average of $30.55. The firm has a market cap of $1.72 billion, a PE ratio of 47.03 and a beta of 1.04. Kemper has a one year low of $22.69 and a one year high of $54.90.

Kemper (NYSE:KMPR) last released its earnings results on Wednesday, August 5th. The insurance provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. Kemper had a net margin of 0.89% and a return on equity of 4.80%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the company earned $1.30 earnings per share. The company’s quarterly revenue was down 10.8% on a year-over-year basis. As a group, research analysts predict that Kemper will post 1.94 EPS for the current fiscal 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.