Globe Life Inc. (GL) Dividends

Globe Life Inc. (GL): $100.34

2.87 (+2.94%)

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
0.83%
GL Annual Dividend
$0.83
GL Payout Ratio

GL Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$100.34$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 #21 of 40 vs. its peers in the Insurance - Life category.
Rank Symbol Name Dividend Yield
1 AVVIY Aviva plc 13.16%
2 SCRYY SCOR SE 6.70%
3 MFC Manulife Financial Corporation 5.94%
4 NNGRY NN Group N.V. 5.65%
5 PRU Prudential Financial Inc. 5.02%
6 LFC China Life Insurance Co. Ltd. ADR 4.86%
7 AV Aviva Plc 4.63%
8 ZURVY Zurich Insurance Group AG 4.18%
9 LNC Lincoln National Corporation 3.85%
10 PFG Principal Financial Group Inc 3.83%
11 AEG AEGON N.V. 3.65%
12 FFG FBL Financial Group, Inc. 3.41%
13 MET MetLife Inc. 3.19%
14 EQH Equitable Holdings Inc. 3.07%
15 AAGIY AIA Group Limited 2.37%
16 PUK Prudential Public Limited Company 1.87%
17 PRI Primerica, Inc. 1.84%
18 KCLI Kansas City Life Insurance Company 1.72%
19 TIPT Tiptree Inc. 1.51%
20 AEL American Equity Investment Life Holding Company 0.93%
21 GL Globe Life Inc. 0.85%
22 FGL Fidelity & Guaranty Life 0.84%
23 AAME Atlantic American Corporation 0.75%
24 FG FGL Holdings Ordinary Share 0.48%
25 IHC Independence Holding Company 0.21%
26 NWLI National Western Life Group, Inc. - 0.18%
27 CIA Citizens, Inc. ($1.00 Par) 0.00%
28 PNX Phoenix Companies 0.00%
29 MDWT MIDWEST HOLDING INC. 0.00%
30 BHF Brighthouse Financial, Inc. 0.00%
31 SNFCA Security National Financial Corp. Cl A 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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