Globe Life Dividends and Buybacks
Dividend criteria checks 4/6
Globe Life is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
9.8%
Buyback Yield
| Total Shareholder Yield | 10.6% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 0.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.960 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Globe Life: A Stalwart That Can Balance Growth And Profitability
Jan 23Here's Why We Think Globe Life (NYSE:GL) Might Deserve Your Attention Today
Jan 16
Market Cool On Globe Life Inc.'s (NYSE:GL) Earnings
Dec 01Globe Life: Boring, Which Is Good As A Policyholder-But Not As An Investor
Sep 13Market Cool On Globe Life Inc.'s (NYSE:GL) Earnings
Aug 16Globe Life: A Small Bet That The Recent Controversy Will Blow Over
Jun 24Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%
Apr 30Globe Life: Betting On A Bounce To $80
Apr 15Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24
Mar 22Here's Why We Think Globe Life (NYSE:GL) Is Well Worth Watching
Feb 09Do Not Take Your Profits On Globe Life, Even At Its All-Time Highs
Nov 23Globe Life: Lacking An Appealing Entry Price
Sep 12Globe Life Has Become Undervalued Again
Jun 15Globe Life raises dividend by ~8% to $0.225/share
Feb 23Globe Life Q4 2022 Earnings Preview
Jan 31Globe Life: High Excess Claims Lie Ahead
Jan 25Globe Life Remains Reasonably Valued, Even At Its All-Time High
Jan 05Globe Life declares $0.2075 dividend
Dec 13Globe Life co-CEOs Coleman, Hutchison to step down
Oct 26Globe Life Has Reached My Target Price But Remains Reasonably Valued
Oct 20Globe Life: A Stock To Hold For The Rest Of Your Life
Aug 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GL's dividends per share have been stable in the past 10 years.
Growing Dividend: GL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Globe Life Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GL) | 0.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Insurance) | 1.9% |
| Analyst forecast (GL) (up to 3 years) | 1.0% |
Notable Dividend: GL's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: GL's dividend (0.79%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8%), GL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.8%), GL's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 09:04 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globe Life Inc. is covered by 31 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jay Gelb | Barclays |
| Jack Matten | BMO Capital Markets Equity Research |
| Ian Ryave | BofA Global Research |