CNO Financial Raises Dividend for 13th Straight Year

CNO Financial Group, Inc. (NYSE: CNO) raised its quarterly dividend to $0.18 a share from $0.17, a 5.88% increase, extending its record of annual dividend growth to 13 consecutive years.

The new payout implies an annual dividend of $0.72 a share. Based on a share price of $49.97, the forward annual yield is 1.44%. The stock traded ex-dividend on June 10, 2026.

CNO is a financial-services company focused on insurance and retirement-related products. The Carmel, Indiana-based company operates through insurance brands including Bankers Life, Colonial Penn and Washington National, and its subsidiaries sell life insurance, annuity and supplemental health insurance products in the United States, according to company background summarized by Wikipedia.

The increase continues a steady dividend-growth pattern rather than marking a shift to a high-yield profile. CNO’s dividend safety score is 88 out of 100, with an A grade, according to the locked dividend data supplied for this report. The company has no previously listed dividend cut year in that dataset.

Recent market coverage has focused more on CNO’s operating and share-performance trends than on the dividend. Investor’s Business Daily reported in April that CNO’s latest quarterly report showed lower earnings and modest sales growth, while also noting that the company ranked among peers in the insurance accident-and-health group. That context points to a business still being watched for operating momentum even as the board continues to lift the cash payout.

What it means for income investors

For income-focused holders, the dividend increase modestly raises the cash return from CNO shares and preserves the company’s 13-year growth streak. The forward yield of 1.44% remains comparatively modest, so the event is more notable for consistency and dividend safety than for current income level. As always, future dividend growth will depend on the company’s earnings, capital position and board approval.