5 Finance Stocks that Pay Dividends

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In this article, we will be looking at 5 finance stocks that pay dividends. To see our detailed analysis of finance stocks and dividend investing, you can go directly to the 10 Finance Stocks that Pay Dividends.

5. Unum Group (NYSE: UNM)

Number of Hedge Fund Holders: 33
Dividend Yield: 4.2%

Unum Group (NYSE: UNM) is an insurance company that is also part of the Fortune 500 and ranks 5th on our list of finance stocks that pay dividends. The company is based in Chattanooga, Tennessee, and was created from the merger of Unum Corporation and The Provident Companies in 1999.

Jimmy Bhullar, an analyst at JPMorgan, raised the price target on shares of Unum Group (NYSE: UNM) this April, bring the target up to $29 from the previous $24. The analyst also holds a Neutral rating on Unum Group (NYSE: UNM) shares.

In the second quarter of 2021, Unum Group (NYSE: UNM) had an EPS of $1.39, beating estimates by $0.27. The company’s revenue was $2.99 billion, up 0.16% year over year and also beating estimates by $32.02 million. Unum Group (NYSE: UNM) has also gained 6.56% in the past 6 months and 15.44% year to date.

By the end of the first quarter of 2021, 33 hedge funds out of the 866 tracked by Insider Monkey held stakes in Unum Group (NYSE: UNM) worth roughly $283 million. This is compared to 25 hedge funds in the previous quarter with a total stake value of approximately $218 million.


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