Horace Mann (HMN) Could Be a Great Choice

Company Overview - Horace Mann (HMN) is based in Springfield and operates in the Finance sector, focusing on auto and homeowners' insurance for teachers and educators [3] - The stock has experienced a price change of 1.84% this year [3] Dividend Information - Currently, Horace Mann pays a dividend of $0.35 per share, resulting in a dividend yield of 3.5%, which is significantly higher than the Insurance - Multi line industry's yield of 1.86% and the S&P 500's yield of 1.69% [3] - The annualized dividend of $1.40 represents a 2.9% increase from the previous year, with an average annual increase of 3.18% over the last five years [4] - The current payout ratio is 43%, indicating that the company pays out 43% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for earnings in 2025 is $3.80 per share, with an expected increase of 19.50% from the previous year [5] Investment Perspective - Dividends are favored by investors for various reasons, including improving stock investing profits and providing tax advantages [6] - High-growth firms typically do not offer dividends, while established companies with secure profits are seen as better dividend options [7] - Horace Mann is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [7]