Globe Life Inc. (GL) Dividends
Dividend Yield and Dividend History Highlights
- If you care about predictable cash flow, note that GL reports less variability in its free cash flow than 98.86% of the dividend stocks we're tracking.
- GL's free cash flow has increased for the 7th straight quarter.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with GL's price: CLWT, XEL, WPG, YY and COST.
GL Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $103.42 | $28.83 | -71.07% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of GL, the DDM model generated by StockNews estimates a return of negative 71.07% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Globe Life Inc are:
- Compared to other US stocks that pay a dividend, Globe Life Inc produces a dividend yield 0.79% -- which falls in the bottom 12.17%.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of -71.07%, based on the stock's current share price and target price based on a dividend discount model, is greater than just 11.09% of the DDM-forecasted return of its its sector peers.
- Out of all stocks in our universe of US-listed dividend-issuing stocks, GL has a discount rate lower than just 11.09% of them (a lower discount rate is associated with lower risk).
- Globe Life Inc's dividend growth rate is higher than just 22.1% of stocks in its sector (Financial Services).
GL Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-10-04 | Dividend | $0.24 | -- |
| 2024-07-03 | Dividend | $0.24 | -- |
| 2024-04-04 | Dividend | $0.24 | +6.67% |
| 2024-01-04 | Dividend | $0.23 | -- |
| 2023-10-05 | Dividend | $0.23 | -- |
| 2023-07-03 | Dividend | $0.23 | -- |
| 2023-03-31 | Dividend | $0.23 | +8.70% |
| 2023-01-05 | Dividend | $0.21 | -- |
| 2022-10-06 | Dividend | $0.21 | -- |
| 2022-07-01 | Dividend | $0.21 | -- |
| 2022-04-01 | Dividend | $0.21 | +4.55% |
| 2022-01-06 | Dividend | $0.20 | -- |
| 2021-10-01 | Dividend | $0.20 | -- |
| 2021-07-01 | Dividend | $0.20 | -- |
| 2021-04-01 | Dividend | $0.20 | +5.32% |
| 2021-01-07 | Dividend | $0.19 | -- |
| 2020-10-02 | Dividend | $0.19 | -- |
| 2020-07-02 | Dividend | $0.19 | -- |
| 2020-04-02 | Dividend | $0.19 | +9.30% |
| 2020-01-02 | Dividend | $0.17 | -- |
| 2019-10-03 | Dividend | $0.17 | -- |
| 2019-07-03 | Dividend | $0.17 | -- |
| 2019-04-04 | Dividend | $0.17 | +7.50% |
| 2019-01-03 | Dividend | $0.16 | -- |
| 2018-10-04 | Dividend | $0.16 | -- |
| 2018-07-03 | Dividend | $0.16 | -- |
| 2018-04-02 | Dividend | $0.16 | +6.67% |
| 2018-01-04 | Dividend | $0.15 | -- |
| 2017-10-05 | Dividend | $0.15 | -- |
| 2017-06-30 | Dividend | $0.15 | -- |
| 2017-03-30 | Dividend | $0.15 | +7.14% |
| 2017-01-04 | Dividend | $0.14 | -- |
| 2016-10-05 | Dividend | $0.14 | -- |
| 2016-06-29 | Dividend | $0.14 | -- |
| 2016-03-31 | Dividend | $0.14 | +3.70% |
| 2016-01-04 | Dividend | $0.14 | -- |
| 2015-09-30 | Dividend | $0.14 | -- |
| 2015-06-30 | Dividend | $0.14 | -- |
| 2015-03-31 | Dividend | $0.14 | +6.55% |
| 2014-12-31 | Dividend | $0.13 | -- |
| 2014-10-01 | Dividend | $0.13 | +105.26% |
| 2014-07-02 | Split | 3-2-for-1 Stock Split | N/A |
| 2014-05-29 | Dividend | $0.19 | -- |
| 2014-04-01 | Dividend | $0.19 | +11.76% |
| 2013-12-31 | Dividend | $0.17 | -- |
| 2013-10-02 | Dividend | $0.17 | -- |
| 2013-07-02 | Dividend | $0.17 | -- |
| 2013-04-03 | Dividend | $0.17 | +13.33% |
| 2013-01-02 | Dividend | $0.15 | -- |
| 2012-10-03 | Dividend | $0.15 | -- |
| 2012-07-03 | Dividend | $0.15 | -- |
| 2012-04-03 | Dividend | $0.15 | +25.00% |
| 2012-01-04 | Dividend | $0.12 | -- |
| 2011-10-05 | Dividend | $0.12 | +111.76% |
| 2011-07-05 | Split | 3-2-for-1 Stock Split | N/A |
| 2011-05-27 | Dividend | $0.17 | +3.13% |
| 2011-03-30 | Dividend | $0.16 | -- |
| 2011-01-04 | Dividend | $0.16 | -- |
| 2010-09-29 | Dividend | $0.16 | +6.67% |
| 2010-06-30 | Dividend | $0.15 | -- |
| 2010-03-30 | Dividend | $0.15 | -- |
| 2010-01-04 | Dividend | $0.15 | +7.14% |
| 2009-09-30 | Dividend | $0.14 | -- |
| 2009-07-01 | Dividend | $0.14 | -- |
| 2009-04-01 | Dividend | $0.14 | -- |
| 2008-12-30 | Dividend | $0.14 | -- |
| 2008-10-01 | Dividend | $0.14 | -- |
| 2008-07-02 | Dividend | $0.14 | -- |
| 2008-04-02 | Dividend | $0.14 | +7.69% |
| 2008-01-02 | Dividend | $0.13 | -- |
| 2007-10-03 | Dividend | $0.13 | -- |
| 2007-07-03 | Dividend | $0.13 | -- |
| 2007-04-03 | Dividend | $0.13 | -- |
| 2007-01-03 | Dividend | $0.13 | -- |
| 2006-10-04 | Dividend | $0.13 | -- |
| 2006-07-05 | Dividend | $0.13 | +18.18% |
| 2006-04-05 | Dividend | $0.11 | -- |
| 2006-01-03 | Dividend | $0.11 | -- |
| 2005-10-03 | Dividend | $0.11 | -- |
| 2005-07-01 | Dividend | $0.11 | -- |
| 2005-03-30 | Dividend | $0.11 | -- |
| 2005-01-03 | Dividend | $0.11 | -- |
| 2004-10-04 | Dividend | $0.11 | -- |
| 2004-06-30 | Dividend | $0.11 | -- |
| 2004-03-31 | Dividend | $0.11 | -- |
| 2004-01-05 | Dividend | $0.11 | -- |
| 2003-10-01 | Dividend | $0.11 | +22.22% |
| 2003-07-01 | Dividend | $0.09 | -- |
| 2003-04-01 | Dividend | $0.09 | -- |
| 2003-01-06 | Dividend | $0.09 | -- |
| 2002-10-02 | Dividend | $0.09 | -- |
| 2002-07-02 | Dividend | $0.09 | -- |
| 2002-04-03 | Dividend | $0.09 | -- |
| 2002-01-08 | Dividend | $0.09 | -- |
| 2001-10-03 | Dividend | $0.09 | -- |
| 2001-07-03 | Dividend | $0.09 | -- |
| 2001-04-04 | Dividend | $0.09 | -- |
| 2001-01-05 | Dividend | $0.09 | -- |
| 2000-10-06 | Dividend | $0.09 | -- |
| 2000-07-05 | Dividend | $0.09 | -- |
| 2000-04-05 | Dividend | $0.09 | -- |
| 2000-01-05 | Dividend | $0.09 | -- |
| 1999-10-06 | Dividend | $0.09 | -- |
| 1999-07-07 | Dividend | $0.09 | -- |
| 1999-04-07 | Dividend | $0.09 | +50.00% |
| 1999-01-06 | Dividend | $0.06 | -98.55% |
| 1998-11-09 | Dividend | $4.14 | +4,678.27% |
| 1998-10-21 | Dividend | $0.09 | -13.33% |
| 1998-07-08 | Dividend | $0.10 | -- |
| 1998-04-07 | Dividend | $0.10 | -- |
| 1997-12-30 | Dividend | $0.10 | -- |
| 1997-10-01 | Dividend | $0.10 | +100.00% |
| 1997-08-04 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-06-27 | Dividend | $0.10 | -- |
| 1997-04-02 | Dividend | $0.10 | -- |
| 1996-12-31 | Dividend | $0.10 | -- |
| 1996-10-02 | Dividend | $0.10 | -- |
| 1996-07-02 | Dividend | $0.10 | -- |
| 1996-04-02 | Dividend | $0.10 | -- |
| 1996-01-03 | Dividend | $0.10 | -- |
| 1995-10-04 | Dividend | $0.10 | +3.58% |
| 1995-07-05 | Dividend | $0.09 | -- |
| 1995-04-03 | Dividend | $0.09 | -- |
| 1994-12-30 | Dividend | $0.09 | -- |
| 1994-10-03 | Dividend | $0.09 | -- |
| 1994-07-01 | Dividend | $0.09 | -- |
| 1994-04-04 | Dividend | $0.09 | -- |
| 1994-01-03 | Dividend | $0.09 | -- |
| 1993-10-04 | Dividend | $0.09 | +4.87% |
| 1993-07-02 | Dividend | $0.09 | -- |
| 1993-04-02 | Dividend | $0.09 | -- |
| 1993-01-04 | Dividend | $0.09 | -- |
| 1992-10-09 | Dividend | $0.09 | +0.12% |
| 1992-07-06 | Dividend | $0.09 | -- |
| 1992-04-06 | Dividend | $0.09 | -- |
| 1992-01-06 | Dividend | $0.09 | -- |
| 1991-10-03 | Dividend | $0.09 | -- |
| 1991-07-03 | Dividend | $0.09 | +14.28% |
| 1991-04-04 | Dividend | $0.08 | -- |
| 1991-01-04 | Dividend | $0.08 | -- |
| 1990-10-03 | Dividend | $0.08 | -- |
| 1990-07-03 | Dividend | $0.08 | -- |
| 1990-04-04 | Dividend | $0.08 | -- |
| 1990-01-04 | Dividend | $0.08 | -- |
| 1989-10-04 | Dividend | $0.08 | +16.66% |
| 1989-07-05 | Dividend | $0.07 | -- |
| 1989-04-05 | Dividend | $0.07 | -- |
| 1989-01-05 | Dividend | $0.07 | -- |
| 1988-10-07 | Dividend | $0.07 | -- |
| 1988-07-11 | Dividend | $0.07 | +20.00% |
| 1988-04-04 | Dividend | $0.06 | -- |
| 1988-01-07 | Dividend | $0.06 | -- |
GL Dividends vs. Peers
GL's dividend yield currently ranks #10 of 40 vs. its peers in the Insurance - Life category.