CNO Financial Group Inc. announced an increase to its dividend and announced a new chairman for its board.
The company hiked its dividend 11% to 10 cents per share from 9 cents per share. It is payable June 25 to shareholders of record June 11.
CNO Financial's board elected Daniel Maurer chairman. Maurer previously served in leadership roles at Intuit Inc., Proctor & Gamble and Campbell Soup Co.