Unum Group (UNM)

Effective January 9, 2025, the Unum Group (NYSEUNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid February 14, 2025, to stockholders of record as of January 24, 2025.

Unum Group (NYSEUNM) will release its fourth quarter 2024 results on February 4, 2025, at approximately 4:15 p.m. ET. The earnings release and financial supplement will be available in the investors section of the company’s website, which can be directly accessed at https://investors.unum.com.

Unum Group (NYSEUNM) today reported net income of $645.7 million ($3.46 per diluted common share) for the third quarter of 2024, compared to net income of $202.0 million ($1.02 per diluted common share) for the third quarter of 2023.

Effective October 11, 2024, the Unum Group (NYSEUNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid November 15, 2024, to stockholders of record as of October 25, 2024.

Unum Group (NYSEUNM) traded at a new 52-week high today of $40.75. So far today approximately 503,000 shares have been exchanged, as compared to an average 30-day volume of 1.5 million shares.

Shares of Unum Group (NYSEUNM) traded today at $32.15, eclipsing its 12-month high. So far today approximately 677,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) for the members of Unum Insurance Group. These companies are the core U.S. life/health (L/H) insurance subsidiaries of Unum Group (Unum) (headquartered in Chattanooga, TN) [NYSE: UNM]. In addition, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Unum. The outlook of these Credit Ratings (ratings) is stable. (See below for a complete listing of the L/H subsidiaries and the Long-Term IRs.)

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Unum Insurance Group. The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable. These companies are the core U.S. life/health (L/H) insurance subsidiaries of Unum Group (Unum) (headquartered in Chattanooga, TN) [NYSE: UNM]. In addition, AM Best has upgraded the Long-Term ICR to “bbb+” (Good) from “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of Unum. The outlook of the Long-Term ICR has been revised to stable from positive. (See below for a complete listing of the L/H subsidiaries and the Long-Term IRs.)

Insurance company Unum Group beat first-quarter earnings estimates and significantly raised its full-year outlook. The stock jumped more than 7% on May 3.

Dividend payers like Black Hills, Unum Group and Pioneer Natural Resources provide a way of getting a return even during a period of equity-market downturns.

AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a” (Excellent) for the majority members of Unum Insurance Group. Concurrently, AM Best has upgraded the FSR to A (Excellent) from A- (Excellent) and the Long-Term ICR to “a” (Excellent) from “a-” (Excellent) of Unum Insurance Company (Portland, ME). The outlook of the Long-Term ICR has been revised to positive from stable while the outlook of the FSR is stable. These companies are the core U.S. life/health (L/H) insurance subsidiaries of Unum Group (Unum) (headquartered in Chattanooga, TN) [NYSE: UNM]. In addition, AM Best has revised the outlook to positive from stable for the Long-Term ICR and affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Unum. (See below for a complete listing of the L/H subsidiaries and the Long-Term IRs.) The outlook of the FSR is stable.

Shares of Unum Group (NYSEUNM) traded today at $35.18, eclipsing its 12-month high. This new high was reached on below average trading volume as 495,000 shares traded hands, while the average 30-day volume is approximately 2.3 million shares.

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) for the existing members of Unum Insurance Group. Concurrently, AM Best has upgraded the FSR to A (Excellent) from A- (Excellent) and the Long-Term ICR to “a” (Excellent) from “a-” (Excellent) of Starmount Life Insurance Company (Starmount) (Portland, ME). Starmount is a newly added member to the Unum Insurance Group. The outlook of these Credit Ratings (ratings) is stable. These companies are the core U.S. life/health insurance subsidiaries of Unum Group (Unum) (headquartered in Chattanooga, TN) [NYSE: UNM]. In addition, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IR) of Unum. (See below for a complete listing of the life/health subsidiaries and Long-Term IRs.)