There's a trio of companies in the Life and Health Insurance industry that Seeking Alpha's Quant system really likes. Manulife Financial Corporation (MFC) has been a Strong Buy for over a year now, Prudential Financial (PRU) has been a Buy or Strong Buy almost continuously since mid-January, and the streak for Unum Group (NYSE:UNM) goes back to early February of this year. Over these respective periods, Manulife is up 42%, Prudential 22%, and Unum 13%. I quite like that all three have also increased their d ...

Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a metric that measures the dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Based in Chattanooga, ...

Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. The Zacks Rank is a pr ...

About Unum Group Visit the Unum Group newsroom for more information, and connect with us on LinkedIn, Facebook and Instagram. CHATTANOOGA, Tenn., July 12, 2024 /PRNewswire/ -- Effective July 12, 2024, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid August 16, 2024, to stockholders of record as of July 26, 2024. Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and ...

Stocks to Consider Amynta Group is a leading insurance services provider. Following its acquisition, the stop-loss business will operate as a full-service managing general underwriter under Amynta Risk Solutions. The addition of Unum's Medical Stop Loss business will enhance Amynta Group's product portfolio and help it serve clients better with comprehensive solutions. The Zacks Consensus Estimate for PRA's 2024 and 2025 earnings suggests 371.4% and 72.6% year-over-year growth, respectively. John Doucette, ...

"We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities." Piper Sandler & Co. served as financial advisor and Faegre Drinker Biddle & Reath LLP served as legal advisor to Unum Group. Visit theUnum Group newsroomfor mor ...

J. Michael Jones Seeking Alpha In my past analysis, I assumed $0 value for Closed Block and do not expect any financial benefits to accrue from the entity. This is an important to point to emphasize because Unum has a $68.73 book value excluding unrealized security losses that sit in accumulated other comprehensive income (AOCI). Unum US has $4.8 billion of equity ex-AOCI , Unum International has $870 million, Colonial Life has $2.05 billion, and the Closed Block has $5.05 billion. The Closed Block contribu ...

Recent advancements in both operations and technology have delivered a next generation experience for brokers that license Employee Navigator, building further upon the strong relationship between the carrier and benefits administration platform. Unum Broker Connect for Employee Navigator is the culmination of a decade-long partnership resulting in a best-in-class integration and service model for brokers. Streamlined implementation: Quick, accurate case setup and enrollment using top-tier integration teams ...

Unum in Focus Unum (UNM) is headquartered in Chattanooga, and is in the Finance sector. The stock has seen a price change of 10% since the start of the year. The insurance company is currently shelling out a dividend of $0.37 per share, with a dividend yield of 2.94%. This compares to the Insurance - Accident and Health industry's yield of 2.25% and the S&P 500's yield of 1.57%. In terms of dividend growth, the company's current annualized dividend of $1.46 is up 5% from last year. Over the last 5 years, Un ...

CHATTANOOGA, Tenn., June 10, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) announced today that it has completed an offering of $400 million aggregate principal amount of senior notes due in 2054 with an annual coupon rate of 6.00 percent. The net proceeds from the sale of the senior notes are intended to be used to repay, in full, the $350 million aggregate principal amount of outstanding indebtedness under the company's senior unsecured delayed draw term loan facility, together with accrued interest and any ...