Globe Life Dividend
Dividend criteria checks 4/6
Globe Life is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
6%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$10.65 |
| Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Globe Life: Betting On A Bounce To $80
Apr 15Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24
Mar 22
Here's Why We Think Globe Life (NYSE:GL) Is Well Worth Watching
Feb 09It's A Story Of Risk Vs Reward With Globe Life Inc. (NYSE:GL)
Dec 25Do 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 10Globe Life Q2 2022 Earnings Preview
Jul 26Stability 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) | 1.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Insurance) | 1.8% |
| Analyst forecast in 3 Years (GL) | 1.1% |
Notable Dividend: GL's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: GL's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.4%), GL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.9%), GL's dividend payments are thoroughly covered by cash flows.