Horace Mann Educators Stock To Go Ex-dividend Tomorrow (HMN)
The ex-dividend date for Horace Mann Educators (NYSE:HMN) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $16.91 as of 9:33 a.m., the dividend yield is 3.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for Horace Mann Educators (NYSE: HMN) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $16.91 as of 9:33 a.m. ET, the dividend yield is 3.1%. The average volume for Horace Mann Educators has been 197,600 shares per day over the past 30 days. Horace Mann Educators has a market cap of $662.8 million and is part of the financial sector and insurance industry. Shares are up 21.9% 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 has a P/E ratio of 9.7, equal to the average insurance industry P/E ratio 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 revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations 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. See our dividend calendar or top-yielding stocks list.
Horace Mann Educators (NYSE:HMN) hit a new 52-week high Monday as it is currently trading at $18.23, above its previous 52-week high of $18.22 with 12,664 shares traded as of 10:23 a.m. ET. Average volume has been 213,400 shares over the past 30 days.