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CNO Financial approves 17% increase in quarterly dividend.

BANKING AND CREDIT NEWS-May 8, 2015-CNO Financial approves 17% increase in quarterly dividend

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CNO Financial Group, Inc. (NYSE: CNO) said its board of directors has declared a quarterly cash dividend of USD0.07 per share, a 17 percent increase over the previous quarter. Dividends are payable on June 24 to shareholders of record as of June 10, 2015.

CNO also elected nine directors to serve terms on the board that expire at next year's annual meeting. Elected board members are Edward Bonach, Ellyn Brown, Robert Greving, Mary (Nina) Henderson, Charles Jacklin, Daniel Maurer, Neal Schneider, Frederick Sievert and Michael Tokarz.

CNO Financial Group, Inc. is a holding company for Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company.

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Publication:M2 Banking & Credit News (BCN)
Date:May 8, 2015
Words:143
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