CNO Financial Group, Inc.
CNOFinancial Services · Stock · quarterly payer
Forward Yield
1.37%
Annual Dividend
$0.72
Payout Ratio
27%
5-Yr Growth
7.3%
Ex-Date
Jun 10, 2026
Frequency
Quarterly
Summary
As of July 2026, CNO Financial Group, Inc. (CNO) yields 1.37% ($0.72 per share annually), with a blended fair-value estimate of $87.96 — +65% upside, so it screens as undervalued. Dividend safety grade: A (88/100). 13 years of dividend growth.
Is CNO a good dividend stock?
YesCNO Financial Group, Inc. (CNO) pays a quarterly dividend yielding 1.37% ($0.72/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (27%)
- Strong 7.3% 5-yr dividend growth
- 118% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.37%
- Payout Ratio
- 27%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 7.3%
- Ex-Dividend Date
- Jun 10, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $5.0B
- P/E Ratio
- 21.2
- 5-Yr Total Return
- 118%
- 52-Week Range
- $35.24 – $54.09
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
Frequently Asked Questions
CNO Price — Last 12 Months
Daily close
Price Return
1 Year
+35%
3 Years
+127%
5 Years
+118%
52-Week Range
$35.24 – $54.09
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CNO worth?
Undervaluedlow confidenceOur blended fair-value estimate for CNO Financial Group, Inc. is $87.96 per share, versus a market price of $53.23. That implies 65% of upside — a margin of safety of about 39%.
Fair Value
$87.96
Current Price
$53.23
Upside
+65%
Margin of Safety
39%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.8% annual free-cash-flow growth. We model 11.8% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.4% discount rate (CAPM), 11.8% stage-1 growth, 2.5% terminal growth, $2.51 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CNO Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 10, 2026 | — | $0.1800 | regular |
| Mar 10, 2026 | — | $0.1700 | regular |
| Dec 10, 2025 | — | $0.1700 | regular |
| Sep 10, 2025 | — | $0.1700 | regular |
| Jun 10, 2025 | — | $0.1700 | regular |
| Mar 10, 2025 | — | $0.1600 | regular |
| Dec 10, 2024 | — | $0.1600 | regular |
| Sep 10, 2024 | — | $0.1600 | regular |
| Jun 10, 2024 | — | $0.1600 | regular |
| Mar 7, 2024 | — | $0.1500 | regular |
| Dec 7, 2023 | — | $0.1500 | regular |
| Sep 7, 2023 | — | $0.1500 | regular |
| Jun 8, 2023 | — | $0.1500 | regular |
| Mar 9, 2023 | — | $0.1400 | regular |
Income Calculator
At $0.72 / yr per share
