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Horace Mann Educators (Horace Mann Educators) 3-Year Dividend Growth Rate : 3.20% (As of Dec. 2023)


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What is Horace Mann Educators 3-Year Dividend Growth Rate?

Horace Mann Educators's Dividends per Share for the three months ended in Dec. 2023 was $0.33.

The historical rank and industry rank for Horace Mann Educators's 3-Year Dividend Growth Rate or its related term are showing as below:

HMN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -17.2   Med: 7.85   Max: 32.2
Current: 3.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Horace Mann Educators was 32.20% per year. The lowest was -17.20% per year. And the median was 7.85% per year.

HMN's 3-Year Dividend Growth Rate is ranked worse than
65.15% of 241 companies
in the Insurance industry
Industry Median: 6.3 vs HMN: 3.20

During the past 12 months, Horace Mann Educators's average Dividends Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Horace Mann Educators's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.36. As of today, Horace Mann Educators's Dividend Yield % is 3.63%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Horace Mann Educators Corp is 0.79, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Horace Mann Educators's 3-Year Dividend Growth Rate

For the Insurance - Property & Casualty subindustry, Horace Mann Educators's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Horace Mann Educators's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Horace Mann Educators's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Horace Mann Educators's 3-Year Dividend Growth Rate falls into.



Horace Mann Educators 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Horace Mann Educators  (NYSE:HMN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Horace Mann Educators's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.33/ 0.91
=0.36

During the past 13 years, the highest Dividend Payout Ratio of Horace Mann Educators was 2.59. The lowest was 0.23. And the median was 0.41.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Horace Mann Educators Corp is 0.79, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Horace Mann Educators Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3402024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-12-132023-12-142023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Horace Mann Educators's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.33/36.61
=3.63 %

Current Share Price is $36.61.
Horace Mann Educators's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.33.

During the past 13 years, the highest Dividend Yield of Horace Mann Educators was 4.56%. The lowest was 2.33%. And the median was 2.90%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Horace Mann Educators 3-Year Dividend Growth Rate Related Terms>


Horace Mann Educators (Horace Mann Educators) Business Description

Traded in Other Exchanges
N/A
Address
1 Horace Mann Plaza, Springfield, IL, USA, 62715-0001
Horace Mann Educators Corp is a diversified insurance holding company that markets and underwrites personal lines of property and casualty insurance, retirement annuities, and life insurance. The company's property and casualty operations focus on automobile and homeowner insurance, while the retirement annuities are 403(b) tax-qualified products. Horace Mann Educators markets its products to kindergarten through 12th-grade teachers, administrators, and other employees of public schools and their families. The company uses several former teachers in its salesforce. Its segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement and Corporate and Other.
Executives
Beverley J. Mcclure director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Victor Fetter director 4828 PARKWAY PLAZA, CHARLOTTE NC 28217
Aaliyah A Samuel director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Michael Weckenbrock officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Stephen J Mcanena officer: EVP & Chief Operating Officer C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Matthew P. Sharpe officer: Executive Vice President 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Thomas A Bradley director 199 WATER STREET, 24TH FLOOR, NEW YORK NY 10038
Kimberly A Johnson officer: Vice President & Controller C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Robert Stricker director C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Marita Zuraitis director, officer: President & CEO THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Elaine A Sarsynski director 312 FARMINGTON AVE, FARMINGTON CT 06032
Derik Tyson Sanders officer: Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Stephanie A Fulks officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Timothy A Darley officer: Senior Vice President C/O HORACE MANN EDUCATORS CORPORATION, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715
Bret A Conklin officer: SVP & Controller C/O HORACE MANN EDUCATORS CORP, 1 HORACE MANN PLAZA, SPRINGFIELD IL 62715