Insurer Assurant (AIZ) will increase its dividend for the second time this year. The quarterly dividend will be raised to 50 cents, giving the stock an indicated dividend yield of 2.7%. In May Assurant had already hiked its dividend to 30 cents per share.

Assurant, Inc. is a provider of risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy. The company operates in North America, Latin America, Europe and Asia Pacific through three operating segments: Global Housing, Global Lifestyle and Global Preneed. Assurant, Inc. was incorporated as a Delaware corporation in 2004 and has paid a dividend every year since the company went public.