Globe Life Inc. (GL) Dividends

Globe Life Inc. (GL): $117.61

-1.52 (-1.28%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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
0.70%
GL Annual Dividend
$0.83
GL Payout Ratio

GL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$117.61$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 Chart


GL Dividend History

Ex-Dividend Date Type Payout Amount Change
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GL Dividends vs. Peers

GL's dividend yield currently ranks #22 of 40 vs. its peers in the Insurance - Life category.
Rank Symbol Name Dividend Yield
1 AVVIY Aviva PLC ADR 7.52%
2 SCRYY SCOR SE 6.80%
3 LFCHY China Life Insurance Co. Ltd. ADR 6.76%
4 MFC Manulife Financial Corporation 5.48%
5 LNC Lincoln National Corp. 4.82%
6 PRU Prudential Financial Inc. 4.65%
7 AV Aviva Plc 4.63%
8 AEG Aegon N.V. ADR 3.92%
9 ZURVY Zurich Insurance Group AG ADR 3.79%
10 NNGRY NN Group N.V. 3.49%
11 FFG FBL Financial Group, Inc. 3.41%
12 PFG Principal Financial Group Inc. 2.85%
13 MET MetLife Inc. 2.66%
14 EQH Equitable Holdings Inc. 2.62%
15 KCLI Kansas City Life Insurance Company 1.88%
16 PRI Primerica, Inc. 1.54%
17 TIPT Tiptree Inc. 1.11%
18 PUK Prudential PLC ADR 0.88%
19 FGL Fidelity & Guaranty Life 0.84%
20 AAGIY AIA Group Limited 0.83%
21 AAME Atlantic American Corporation 0.75%
22 GL Globe Life Inc. 0.70%
23 IHC Independence Holding Company 0.21%
24 NWLI National Western Life Group, Inc. - 0.16%
25 AEL American Equity Investment Life Holding Company 0.05%
26 CIA Citizens, Inc. ($1.00 Par) 0.00%
27 PNX Phoenix Companies 0.00%
28 MDWT MIDWEST HOLDING INC. 0.00%
29 BHF Brighthouse Financial, Inc. 0.00%
30 SNFCA Security National Financial Corp. Cl A 0.00%
31 FG FGL Holdings Ordinary Share 0.00%
32 GWGH GWG Holdings, Inc 0.00%
33 GNW Genworth Financial Inc 0.00%
34 ELFIF E-L Financial Corporation Limited 0.00%
35 IAFNF iA Financial Corporation Inc. 0.00%
36 ARZGY Assicurazioni Generali S.p.A. 0.00%
37 GJNSY Gjensidige Forsikring ASA 0.00%
38 GWLIF Great-West Lifeco Inc. 0.00%
39 TDHOY T&D Holdings, Inc. 0.00%
40 AEB AEGON N.V. 6.2996% Floating Perpetual Capital Secs. 0.00%

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