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CNO (CNO Financial Group) Dividend Payout Ratio : 0.17 (As of Sep. 2024)


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What is CNO Financial Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. CNO Financial Group's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.17.

The historical rank and industry rank for CNO Financial Group's Dividend Payout Ratio or its related term are showing as below:

CNO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.21   Max: 0.25
Current: 0.19


During the past 13 years, the highest Dividend Payout Ratio of CNO Financial Group was 0.25. The lowest was 0.10. And the median was 0.21.

CNO's Dividend Payout Ratio is ranked better than
75.16% of 306 companies
in the Insurance industry
Industry Median: 0.37 vs CNO: 0.19

As of today (2024-12-14), the Dividend Yield % of CNO Financial Group is 1.66%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CNO Financial Group was 4.37%. The lowest was 1.21%. And the median was 2.05%.

CNO Financial Group's Dividends per Share for the months ended in Sep. 2024 was $0.16.

During the past 12 months, CNO Financial Group's average Dividends Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CNO Financial Group was 65.10% per year. The lowest was 7.90% per year. And the median was 11.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


CNO Financial Group Dividend Payout Ratio Historical Data

The historical data trend for CNO Financial Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

CNO Financial Group Dividend Payout Ratio Chart

CNO Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.12 0.10 0.25

CNO Financial Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.47 0.16 0.15 0.17

Competitive Comparison of CNO Financial Group's Dividend Payout Ratio

For the Insurance - Life subindustry, CNO Financial Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


CNO Financial Group's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, CNO Financial Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CNO Financial Group's Dividend Payout Ratio falls into.



CNO Financial Group Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

CNO Financial Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.59/ 2.4
=0.25

CNO Financial Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.16/ 0.94
=0.17

* 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.


CNO Financial Group (NYSE:CNO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


CNO Financial Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of CNO Financial Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CNO Financial Group Business Description

Traded in Other Exchanges
Address
11825 N. Pennsylvania Street, Carmel, IN, USA, 46032
CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.
Executives
Eric R Johnson officer: Chief Investment Officer
Jeanne L. Linnenbringer officer: EVP and COO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Karen Detoro officer: Chief Actuary and CRO C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
Michael E. Mead officer: EVP and CIO 11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Tarasi Rocco F Iii officer: Chief Marketing Officer C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
Yvonne K Franzese officer: EVP and Chief HR Officer 200 LAKE STREET EAST, WAYZATA MN 55391
Gary C Bhojwani director, officer: Chief Executive Officer 1 HORMEL PLACE, AUSTIN MN 55912
Paul H. Mcdonough officer: Chief Financial Officer ONE BEACON LANE, CANTON MA 02021
Scott L. Goldberg officer: President, Consumer Division 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Matthew J. Zimpfer officer: EVP and General Counsel 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
John R Kline officer: SVP & CAO 11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Steven E Shebik director 2775 SANDERS ROAD, NORTHBROOK IL 60062
Brown Archie M Jr director 255 E FIFTH STREET, CINCINNATI OH 45202
Adrianne Lee director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Frederick James Sievert director 260 SOUTH LAKE DRIVE, STAMFORD CT 06903