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CNO Financial Group (CNO) will raise its quarterly dividend by 14.3 percent to $0.08 per share in 2016. This follows a similar 1 cent dividend increase to 7 cents per share last year.

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.