Kemper Corporation (KMPR) To Go Ex-Dividend on August 21st

Kemper Corporation (NYSE:KMPR) declared a quarterly dividend on Wednesday, August 5th. Shareholders 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) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Friday, August 21st.

Kemper has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. Kemper has a dividend payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Kemper to earn $4.23 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 30.3%.

Kemper Price Performance

Shares of KMPR opened at $26.12 on Wednesday. Kemper has a 1-year low of $22.69 and a 1-year high of $54.64. The stock has a market cap of $1.54 billion, a PE ratio of -3.11 and a beta of 1.04. The firm has a 50-day simple moving average of $27.59 and a two-hundred day simple moving average of $29.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.17 and a quick ratio of 0.17.

Kemper (NYSE:KMPR) last released its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the firm earned $1.30 EPS. The business’s revenue was down 10.8% on a year-over-year basis. As a group, analysts forecast that Kemper will post 1.97 EPS 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.