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The Board of Directors of StanCorp Financial Group, Inc. (“StanCorp”) (NYSE: SFG) yesterday declared an annual cash dividend of $1.30 per common share, payable December 8, 2014, to shareholders of record on November 24, 2014. The annual cash dividend of $1.30 per share represents an 18% increase over last year's dividend of $1.10 per share.
“We are pleased to announce the fifteenth consecutive annual increase to our shareholder dividend,” said Greg Ness, chairman, president and chief executive officer. “The 18% increase in the dividend per share, combined with our share repurchase program, reflects StanCorp's long-standing commitment of returning value to shareholders.”
About StanCorp Financial Group, Inc.
StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard — Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities — is a leading provider of financial products and services. StanCorp's subsidiaries offer group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities, origination and servicing of fixed-rate commercial mortgage loans, and investment advice. For more information about StanCorp Financial Group, Inc., visit its investor relations website at www.stancorpfinancial.com.
Disclosure
Information in this news release includes certain statements related to future events. These statements are "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results in future periods may differ materially from those expressed or implied by such forward-looking statements. See StanCorp's 2013 Form 10-K and third quarter 2014 Form 10-Q filed with the Securities and Exchange Commission for a description of the types of risks and uncertainties that may affect actual results.
StanCorp Financial Group, Inc.
Investor Relations and Financial Media
Jeff Hallin, 971-321-6127
Vice President, Investor Relations and Capital Markets
jeff.hallin@standard.com
or
General Media
Bob Speltz, 971-321-3162
Senior Director, Public Affairs
bob.speltz@standard.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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