Horace Mann Educators Stock To Go Ex-dividend Tomorrow (HMN)

NEW YORK ( TheStreet) -- The ex-dividend date for Horace Mann Educators (NYSE: HMN) is tomorrow, March 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $18.03 as of 9:30 a.m. ET, the dividend yield is 3%.

The average volume for Horace Mann Educators has been 213,400 shares per day over the past 30 days. Horace Mann Educators has a market cap of $967.8 million and is part of the financial sector and insurance industry. Shares are up 28% year to date as of the close of trading on Tuesday.

Horace Mann Educators Corporation, through its subsidiaries, operates as a multiline insurance company in the United States. The company underwrites and markets personal lines of property and casualty insurance, retirement annuity, and life insurance products. The company has a P/E ratio of 10.3, below the average insurance industry P/E ratio of 12.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Horace Mann Educators as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Horace Mann Educators Ratings Report.

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