Unum Group Stock To Go Ex-dividend Tomorrow (UNM)

NEW YORK ( TheStreet) -- The ex-dividend date for Unum Group (NYSE: UNM) is tomorrow, April 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $23.70 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for Unum Group has been 2.4 million shares per day over the past 30 days. Unum Group has a market cap of $6.61 billion and is part of the financial sector and insurance industry. Shares are up 11.3% year to date as of the close of trading on Tuesday.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom. The company has a P/E ratio of 29.7, equal to the average insurance industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Unum Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Unum Group Ratings Report.

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