Kemper Corporation (NYSE:KMPR) Shares Will Pay Quarterly Dividend of $0.32

Kemper Corporation (NYSE:KMPR) declared a quarterly dividend on Thursday, November 5th. Stockholders of record on Monday, November 16th will be paid a dividend of $0.32 per share by the insurance provider on Wednesday, December 2nd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, November 16th.

Kemper has a payout ratio of 19.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Kemper to earn $4.02 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 31.8%.

Kemper Price Performance

Shares of NYSE:KMPR opened at $35.34 on Friday. Kemper has a twelve month low of $22.69 and a twelve month high of $41.74. The stock’s 50 day moving average is $28.25 and its 200-day moving average is $29.68. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $2.08 billion, a price-to-earnings ratio of -4.21 and a beta of 1.06.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, August 5th. The insurance provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.11. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.16 billion. Kemper had a negative net margin of 10.84% and a positive return on equity of 2.89%. Kemper’s revenue was down 10.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.30 EPS. Sell-side analysts forecast that Kemper will post 2.10 EPS for the current fiscal year.

Kemper Company Profile

Kemper Corporation (NYSE: KMPR) is an insurance holding company that provides property and casualty insurance products to individuals, families and businesses in the United States. Its operations focus primarily on personal and commercial automobile insurance, along with related coverage designed for customers in specialty and preferred insurance markets.

The company offers products that may include nonstandard and standard auto insurance, homeowners and renters insurance, and other personal insurance solutions.