Horace Mann Educators (HMN) will raise its quarterly dividend to $0.275 per share. The quarterly dividend is payable on March 31, 2017 to shareholders of record as of March ­­­20, 2017.

"The Board's decision to raise the dividend for the ninth consecutive year reflects not only our strong 2016 operating results, but also Horace Mann's continued commitment to return capital to shareholders through regular dividend increases," stated Marita Zuraitis, President and Chief Executive Officer. "We are confident that our strong momentum of profitable growth will continue in 2017."

Horace Mann Educators Corporation is an insurance holding company.  Through its subsidiaries, the company markets and underwrites personal lines of property and casualty insurance, primarily automobile and property coverages supplemental insurance, primarily heart, cancer, accident and limited short-term supplemental disability coverages, retirement products, primarily tax-qualified annuities and life insurance, primarily whole life, term and indexed universal life (IUL). Founded by Educators for Educators, the company's business began in Springfield, Illinois in 1945 when two school teachers started selling automobile insurance to other teachers within Illinois.