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: |
$121.25 | $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
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Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2025-04-03 | Dividend | $0.27 | +12.50% |
2025-01-06 | Dividend | $0.24 | -- |
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 | -- |
GL Dividends vs. Peers
GL's dividend yield currently ranks #10 of 40 vs. its peers in the Insurance - Life category.