CNO Financial Group (CNO) will raise its dividend by 16.7 percent to $0.07 quarterly in 2015. Last year the insurer doubled its dividend from 3 cents to 6 cents per share quarterly.
CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. Its insurance companies – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – primarily serve middle-income pre-retiree and retired Americans. CNO has paid a dividend every year since 2012.
2022