Globe Life Inc. (GL) Dividends

Globe Life Inc. (GL): $81.74

1.19 (+1.48%)

POWR Rating

Component Grades

Momentum

A

Stability

C

Sentiment

Quality

C

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Industry: Insurance - Life

Industry

B

Ranked

#18 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
1.19%
GL Annual Dividend
$0.96
GL Payout Ratio

GL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$81.74$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
2024-04-04Dividend$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--
2020-04-02Dividend$0.19+9.30%
2020-01-02Dividend$0.17--
2019-10-03Dividend$0.17--
2019-07-03Dividend$0.17--
2019-04-04Dividend$0.17+7.50%
2019-01-03Dividend$0.16--
2018-10-04Dividend$0.16--
2018-07-03Dividend$0.16--
2018-04-02Dividend$0.16+6.67%
2018-01-04Dividend$0.15--
2017-10-05Dividend$0.15--
2017-06-30Dividend$0.15--
2017-03-30Dividend$0.15+7.14%
2017-01-04Dividend$0.14--
2016-10-05Dividend$0.14--
2016-06-29Dividend$0.14--
2016-03-31Dividend$0.14+3.70%
2016-01-04Dividend$0.14--
2015-09-30Dividend$0.14--
2015-06-30Dividend$0.14--
2015-03-31Dividend$0.14+6.55%
2014-12-31Dividend$0.13--
2014-10-01Dividend$0.13+105.26%
2014-07-02Split3-2-for-1 Stock SplitN/A
2014-05-29Dividend$0.19--
2014-04-01Dividend$0.19+11.76%
2013-12-31Dividend$0.17--
2013-10-02Dividend$0.17--
2013-07-02Dividend$0.17--
2013-04-03Dividend$0.17+13.33%
2013-01-02Dividend$0.15--
2012-10-03Dividend$0.15--
2012-07-03Dividend$0.15--
2012-04-03Dividend$0.15+25.00%
2012-01-04Dividend$0.12--
2011-10-05Dividend$0.12+111.76%
2011-07-05Split3-2-for-1 Stock SplitN/A
2011-05-27Dividend$0.17+3.13%
2011-03-30Dividend$0.16--
2011-01-04Dividend$0.16--
2010-09-29Dividend$0.16+6.67%
2010-06-30Dividend$0.15--
2010-03-30Dividend$0.15--
2010-01-04Dividend$0.15+7.14%
2009-09-30Dividend$0.14--
2009-07-01Dividend$0.14--
2009-04-01Dividend$0.14--
2008-12-30Dividend$0.14--
2008-10-01Dividend$0.14--
2008-07-02Dividend$0.14--
2008-04-02Dividend$0.14+7.69%
2008-01-02Dividend$0.13--
2007-10-03Dividend$0.13--
2007-07-03Dividend$0.13--
2007-04-03Dividend$0.13--
2007-01-03Dividend$0.13--
2006-10-04Dividend$0.13--
2006-07-05Dividend$0.13+18.18%
2006-04-05Dividend$0.11--
2006-01-03Dividend$0.11--
2005-10-03Dividend$0.11--
2005-07-01Dividend$0.11--
2005-03-30Dividend$0.11--
2005-01-03Dividend$0.11--
2004-10-04Dividend$0.11--
2004-06-30Dividend$0.11--
2004-03-31Dividend$0.11--
2004-01-05Dividend$0.11--
2003-10-01Dividend$0.11+22.22%
2003-07-01Dividend$0.09--
2003-04-01Dividend$0.09--
2003-01-06Dividend$0.09--
2002-10-02Dividend$0.09--
2002-07-02Dividend$0.09--
2002-04-03Dividend$0.09--
2002-01-08Dividend$0.09--
2001-10-03Dividend$0.09--
2001-07-03Dividend$0.09--
2001-04-04Dividend$0.09--
2001-01-05Dividend$0.09--
2000-10-06Dividend$0.09--
2000-07-05Dividend$0.09--
2000-04-05Dividend$0.09--
2000-01-05Dividend$0.09--
1999-10-06Dividend$0.09--
1999-07-07Dividend$0.09--
1999-04-07Dividend$0.09+50.00%
1999-01-06Dividend$0.06-98.55%
1998-11-09Dividend$4.14+4,678.27%
1998-10-21Dividend$0.09-13.33%
1998-07-08Dividend$0.10--
1998-04-07Dividend$0.10--
1997-12-30Dividend$0.10--
1997-10-01Dividend$0.10+100.00%
1997-08-04Split2-1-for-1 Stock SplitN/A
1997-06-27Dividend$0.10--
1997-04-02Dividend$0.10--
1996-12-31Dividend$0.10--
1996-10-02Dividend$0.10--
1996-07-02Dividend$0.10--
1996-04-02Dividend$0.10--
1996-01-03Dividend$0.10--
1995-10-04Dividend$0.10+3.58%
1995-07-05Dividend$0.09--
1995-04-03Dividend$0.09--
1994-12-30Dividend$0.09--
1994-10-03Dividend$0.09--
1994-07-01Dividend$0.09--
1994-04-04Dividend$0.09--
1994-01-03Dividend$0.09--
1993-10-04Dividend$0.09+4.87%
1993-07-02Dividend$0.09--
1993-04-02Dividend$0.09--
1993-01-04Dividend$0.09--
1992-10-09Dividend$0.09+0.12%
1992-07-06Dividend$0.09--
1992-04-06Dividend$0.09--
1992-01-06Dividend$0.09--
1991-10-03Dividend$0.09--
1991-07-03Dividend$0.09+14.28%
1991-04-04Dividend$0.08--
1991-01-04Dividend$0.08--
1990-10-03Dividend$0.08--
1990-07-03Dividend$0.08--
1990-04-04Dividend$0.08--
1990-01-04Dividend$0.08--
1989-10-04Dividend$0.08+16.66%
1989-07-05Dividend$0.07--
1989-04-05Dividend$0.07--
1989-01-05Dividend$0.07--
1988-10-07Dividend$0.07--
1988-07-11Dividend$0.07+20.00%
1988-04-04Dividend$0.06--
1988-01-07Dividend$0.06--


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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