Unum Group announced its fourth-quarter 2024 financial results, which reflected continued strong operating performance and favorable benefit experience. The company reported robust 10% growth in earnings per share for the quarter.
Despite missing overall revenue and earnings estimates, Unum Group demonstrated premium growth and increased sales within its Unum U.K. segment. The company also highlighted strategic share repurchases during this period.
A significant development was the board's approval of a 15% increase in the common stock dividend, signaling confidence in future financial stability and commitment to shareholder returns. The company is navigating challenges in Colonial Life sales.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.