Unum to hike dividend by ~10%

Unum Group (NYSE:UNM) announced on Thursday an authorization by the board to increase its quarterly dividend by ~10%, effective the third quarter of 2025.

The workplace benefits and services company last paid a $0.42/share quarterly dividend, which represents a payout of $1.68 on an annual basis.

The new rate of $0.46 per share brings the payout to $1.84 per share on an annual basis.