Unum Group Q1 net income rises to $395.2 million; quarterly dividend up 15%
Unum Group reported first-quarter 2024 net income of $395.2 million, or $2.04 per diluted share, up from $358.3 million, or $1.80, a year earlier. The company also raised its quarterly dividend 15 percent to 42 cents per share, starting with the payment expected in the third quarter of 2024, and gave a full-year 2024 outlook of 7 to 9 percent growth in after-tax adjusted operating income per share.
Key points
- Net income of $395.2 million ($2.04 per diluted share) for Q1 2024, versus $358.3 million ($1.80) in Q1 2023.
- After-tax adjusted operating income of $409.9 million ($2.12 per diluted share), versus $372.6 million ($1.87) a year earlier.
- Quarterly dividend increased 15 percent to 42 cents per share, effective with the dividend expected to be paid in Q3 2024.
- Full-year 2024 outlook: after-tax adjusted operating income per share up 7 to 9 percent compared with full-year 2023.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.