Horace Mann (HMN) is a Top Dividend Stock Right Now: Should You Buy?

Company Overview - Horace Mann (HMN) is based in Springfield and operates in the Finance sector, with a year-to-date share price change of 12.44% [3] - The company currently pays a dividend of $0.35 per share, resulting in a dividend yield of 3.17%, which is significantly higher than the Insurance - Multi line industry's yield of 1.92% and the S&P 500's yield of 1.53% [3] Dividend Performance - The current annualized dividend of Horace Mann is $1.40, reflecting a 2.9% increase from the previous year [4] - Over the past 5 years, the company has increased its dividend 5 times, achieving an average annual increase of 3.20% [4] - The current payout ratio stands at 31%, indicating that the company paid out 31% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, HMN anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $4.14 per share, representing a 30.19% increase from the previous year [5] - The company is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [6]