Unum board increases dividend by 14% to 16.5c Unum announced that its board of directors has authorized an increase of 14% in the quarterly dividend paid on its common stock. The new rate of 16.5c per common share, or 66c per share on an annual basis, will be effective with the dividend expected to be paid in 3Q14.
Unum Group upgraded at Raymond James As previously reported, Raymond James upgraded Unum Group to Outperform from Market Perform. The firm upgraded shares based on relative valuation, strong cash flow, improved U.K business results, and solid core U.S. lines of business. Price target is $38.