Horace Mann Educators Corporation Increases Quarterly Dividend
10 December 2009 - 9:46AM
PR Newswire (US)
SPRINGFIELD, Ill., Dec. 9 /PRNewswire-FirstCall/ -- Horace Mann
Educators Corporation (NYSE:HMN) Board of Directors announced a
quarterly dividend of 8 cents per share payable on December 31,
2009 to shareholders of record as of December 21, 2009. The
quarterly dividend amount represents an increase of 52.4 percent
from the third quarter 2009 dividend. "The Board's decision to
increase the dividend at this time reflects Horace Mann's financial
strength and strong capital position, which have remained intact
following a period of unprecedented stress in the financial
markets, and also reflects management's positive outlook for
profitable growth in 2010 and beyond," said Louis G. Lower II,
President and Chief Executive Officer. Horace Mann -- the largest
national multiline insurance company focusing on educators'
financial needs -- provides auto and homeowners insurance,
retirement annuities, life insurance and other financial solutions.
Founded by Educators for Educators® in 1945, the company is
headquartered in Springfield, Ill. For more information, visit
http://www.horacemann.com/. Statements included in this news
release that are not historical in nature are forward-looking
within the meaning of the Private Securities Litigation Reform Act
of 1995 and are subject to certain risks and uncertainties. Horace
Mann is not under any obligation to (and expressly disclaims any
such obligation to) update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Please refer to the company's Quarterly Report on
Form 10-Q for the period ended September 30, 2009 and the company's
past and future filings and reports filed with the Securities and
Exchange Commission for information concerning the important
factors that could cause actual results to differ materially from
those in forward-looking statements. DATASOURCE: Horace Mann
Educators Corporation CONTACT: Dwayne D. Hallman, Senior Vice
President - Finance of Horace Mann Educators Corporation,
+1-217-788-5708 Web Site: http://www.horacemann.com/
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