Globe Life Inc. (GL) Dividends

Globe Life Inc. (GL): $121.25

0.03 (+0.02%)

POWR Rating

Component Grades

Momentum

A

Stability

B

Sentiment

Quality

C

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Industry: Insurance - Life

Industry

B

Ranked

#7 of 26

in industry

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 Ex-Dividend Date
GL Dividend Yield
0.88%
GL Annual Dividend
$1.08
GL Payout Ratio

GL Price Forecast Based on Dividend Discount Model

Current PriceDDM 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
2025-04-03Dividend$0.27+12.50%
2025-01-06Dividend$0.24--
2024-10-04Dividend$0.24--
2024-07-03Dividend$0.24--
2024-04-04Dividend$0.24+6.67%
2024-01-04Dividend$0.23--
2023-10-05Dividend$0.23--
2023-07-03Dividend$0.23--
2023-03-31Dividend$0.23+8.70%
2023-01-05Dividend$0.21--
2022-10-06Dividend$0.21--
2022-07-01Dividend$0.21--
2022-04-01Dividend$0.21+4.55%
2022-01-06Dividend$0.20--
2021-10-01Dividend$0.20--
2021-07-01Dividend$0.20--
2021-04-01Dividend$0.20+5.32%
2021-01-07Dividend$0.19--
2020-10-02Dividend$0.19--
2020-07-02Dividend$0.19--
Showing 1 to 20 of 154 rows records per page


GL Dividends vs. Peers

GL's dividend yield currently ranks #10 of 40 vs. its peers in the Insurance - Life category.
Rank Symbol Name Dividend Yield
1 MET MetLife Inc. 0.00%
2 MFC Manulife Financial Corporation 0.00%
3 ELFIF E-L Financial Corporation Limited 0.00%
4 CIA Citizens, Inc. ($1.00 Par) 0.00%
5 FFG FBL Financial Group, Inc. 0.00%
6 FGL Fidelity & Guaranty Life 0.00%
7 IAFNF iA Financial Corporation Inc. 0.00%
8 PNX Phoenix Companies 0.00%
9 TIPT Tiptree Inc. 0.00%
10 GL Globe Life Inc. 0.00%
11 PRI Primerica, Inc. 0.00%
12 PRU Prudential Financial Inc. 0.00%
13 NWLI National Western Life Group, Inc. - 0.00%
14 EQH Equitable Holdings Inc. 0.00%
15 MDWT MIDWEST HOLDING INC. 0.00%
16 PUK Prudential PLC ADR 0.00%
17 SCRYY SCOR SE 0.00%
18 BHF Brighthouse Financial, Inc. 0.00%
19 ZURVY Zurich Insurance Group AG ADR 0.00%
20 SNFCA Security National Financial Corp. Cl A 0.00%
21 ARZGY Assicurazioni Generali S.p.A. 0.00%
22 NNGRY NN Group N.V. 0.00%
23 FG FGL Holdings Ordinary Share 0.00%
24 GWGH GWG Holdings, Inc 0.00%
25 AVVIY Aviva PLC ADR 0.00%
26 GJNSY Gjensidige Forsikring ASA 0.00%
27 LFCHY China Life Insurance Co. Ltd. ADR 0.00%
28 AAGIY AIA Group Limited 0.00%
29 KCLI Kansas City Life Insurance Company 0.00%
30 AAME Atlantic American Corporation 0.00%
31 IHC Independence Holding Company 0.00%
32 LNC Lincoln National Corp. 0.00%
33 AV Aviva Plc 0.00%
34 GWLIF Great-West Lifeco Inc. 0.00%
35 GNW Genworth Financial Inc 0.00%
36 TDHOY T&D Holdings, Inc. 0.00%
37 PFG Principal Financial Group Inc. 0.00%
38 AEB AEGON N.V. 6.2996% Floating Perpetual Capital Secs. 0.00%
39 AEG Aegon N.V. ADR 0.00%
40 AEL American Equity Investment Life Holding Company 0.00%

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