Corebridge Financial Dividend
Dividend criteria checks 3/6
Corebridge Financial is a dividend paying company with a current yield of 2.92% that is well covered by earnings.
Key information
2.9%
Dividend yield
28%
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.920 |
| Earnings per share | US$3.44 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Mar 12
Corebridge Financial (NYSE:CRBG) Will Pay A Dividend Of $0.23
Feb 18Recent updates
Corebridge: Diversified Financial Firm Dip Opportunity As Future Growth Expected
Sep 11Corebridge Financial: Long-Term Positives Outweigh Near-Term AIG Share Sales
Jun 12Corebridge: A Favorable Interest Rate Environment Supports Ongoing Upside
Mar 15Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Mar 12Corebridge Financial (NYSE:CRBG) Will Pay A Dividend Of $0.23
Feb 18Corebridge Financial: Material Upside Even With The AIG Overhang
Dec 13Corebridge Financial (NYSE:CRBG) Is Paying Out A Dividend Of $0.23
Dec 01Corebridge Financial (NYSE:CRBG) Has Affirmed Its Dividend Of $0.23
Nov 12Corebridge Financial: A Shining Star Positioned For Outperformance
Oct 15Corebridge Financial: Profit Growth, Modest Valuation, High Yield, Momentum, Come Together
Oct 03Benign Growth For Corebridge Financial, Inc. (NYSE:CRBG) Underpins Its Share Price
Jul 31Corebridge Financial: Transforming Into A Fantastic Business
Jul 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CRBG has been paying a dividend for less than 10 years.
Growing Dividend: CRBG has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Corebridge Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CRBG) | 2.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (CRBG) (up to 3 years) | 3.6% |
Notable Dividend: CRBG's dividend (2.92%) is higher than the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: CRBG's dividend (2.92%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), CRBG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.9%), CRBG's dividend payments are well covered by cash flows.