CNO Financial Group (CNO) will raise its quarterly dividend by 8.3 percent to 13 cents per share in 2021. This follows a dividend hike of 9.1 percent to $0.12 per share in 2020 and marks the 9th consecutive year of dividend increases.

The next dividend will be payable June 24, 2021, to shareholders of record at the close of business on June 10, 2021. A new annual rate of 52 cents yields 1.9% at a stock price of $26.88.

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.