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Globe Life (Globe Life) Forward Dividend Yield % : 1.27% (As of Apr. 28, 2024)


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What is Globe Life Forward Dividend Yield %?

As of today (2024-04-28), the Forward Annual Dividend Yield of Globe Life is 1.27%.

As of today (2024-04-28), the Trailing Annual Dividend Yield of Globe Life is 1.21%.

GL's Forward Dividend Yield % is ranked worse than
89.66% of 387 companies
in the Insurance industry
Industry Median: 3.81 vs GL: 1.27

Globe Life's Dividends per Share for the three months ended in Dec. 2023 was $0.23.

During the past 12 months, Globe Life's average Dividends Per Share Growth Rate was 8.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Globe Life was 29.40% per year. The lowest was -15.20% per year. And the median was 6.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Globe Life's Forward Dividend Yield %

For the Insurance - Life subindustry, Globe Life's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Globe Life's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Globe Life's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Globe Life's Forward Dividend Yield % falls into.



Globe Life Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Globe Life Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2402024-04-042024-04-052024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2252024-01-042024-01-052024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2252023-10-052023-10-062023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2252023-07-032023-07-052023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Globe Life's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.96/75.75
=1.27 %

Current Share Price is $75.75.
Globe Life's Dividends per Share for the forward twelve months is calculated as $0.24 * 4 = $0.96.

Globe Life's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.915/75.75
=1.21 %

Current Share Price is $75.75.
Globe Life's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.915.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Globe Life  (NYSE:GL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Globe Life Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Globe Life's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Globe Life (Globe Life) Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
Executives
Jennifer Allison Haworth officer: EVP & Chief Marketing Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan director 1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune officer: EVP & Chief Admin. Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Rebecca E Zorn officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Frank M Svoboda officer: EVP & CFO 3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
James Matthew Darden officer: EVP, Chief Strategy Officer 2904 BELCLAIRE DRIVE, FRISCO TX 75034
Michael Shane Henrie officer: SVP & Chief Accounting Officer UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Brian Mitchell officer: EVP, General Counsel and CRO 3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Cheryl Alston director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
Alice S Cho director P.O. BOX 30918, BILLINGS MT 59116-0918
Steven John Dichiaro other: Exec. Officer of Principal Sub 2152 SEVEN LAKES DR, LOVELAND CO 80538
Gary L Coleman director, officer: Co-Chairman & CEO
Larry M Hutchison director, officer: Co-Chaiman & CEO P O BOX 8080, MCKINNEY TX 75010

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