Unum Group (UNM) will raise its quarterly dividend by 15 percent to $0.23 per share. The new dividend will paid on August 18, 2017, to stockholders of record on July 31, 2017.

Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life, Starmount and Unum UK. Unum’s portfolio includes disability, life, accident and critical illness, dental and vision coverage, which help protect millions of working people and their families in the event of an illness or injury. Unum also provides stop-loss coverage to help self-insured employers protect against unanticipated medical costs.