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Corebridge Financial (Corebridge Financial) Dividend Yield % : 3.03% (As of May. 08, 2024)


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What is Corebridge Financial Dividend Yield %?

As of today (2024-05-08), the Trailing Annual Dividend Yield of Corebridge Financial is 3.03%.

Warning Sign:

Corebridge Financial Inc stock dividend yield is close to 1-year low.

The historical rank and industry rank for Corebridge Financial's Dividend Yield % or its related term are showing as below:

CRBG' s Dividend Yield % Range Over the Past 10 Years
Min: 1   Med: 3.82   Max: 5.22
Current: 3.03

During the past 5 years, the highest Dividend Yield of Corebridge Financial was 5.22%. The lowest was 1.00%. And the median was 3.82%.

CRBG's Dividend Yield % is ranked worse than
77.27% of 1214 companies
in the Asset Management industry
Industry Median: 5.57 vs CRBG: 3.03

Corebridge Financial's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.16.

During the past 5 years, the highest Dividend Payout Ratio of Corebridge Financial was 1.04. The lowest was 0.04. And the median was 0.54.

As of today (2024-05-08), the Forward Dividend Yield % of Corebridge Financial is 3.03%.

Corebridge Financial's Dividends per Share for the three months ended in Mar. 2024 was $0.23.

During the past 12 months, Corebridge Financial's average Dividends Per Share Growth Rate was 33.30% per year.

The growth rate is calculated with least square regression.

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


Corebridge Financial Dividend Yield % Historical Data

The historical data trend for Corebridge Financial's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Corebridge Financial Dividend Yield % Chart

Corebridge Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - 2.28 4.25

Corebridge Financial Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 5.21 4.66 4.25 3.20

Competitive Comparison of Corebridge Financial's Dividend Yield %

For the Asset Management subindustry, Corebridge Financial's Dividend Yield %, along with its competitors' market caps and 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.


Corebridge Financial's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Corebridge Financial's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Corebridge Financial's Dividend Yield % falls into.



Corebridge Financial Dividend Yield % Calculation

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

Corebridge Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2300002024-03-142024-03-152024-03-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2300002023-12-142023-12-152023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2300002023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2300002023-06-152023-06-162023-06-30Cash 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.

Corebridge Financial's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.92/30.25
=3.04 %

Current Share Price is $30.25.
Corebridge Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.92.

Corebridge Financial's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.92/30.25
=3.04 %

Current Share Price is $30.25.
Corebridge Financial's Dividends per Share for the forward twelve months is calculated as $0.23 * 4 = $0.92.

* 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.


Corebridge Financial  (NYSE:CRBG) 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.


Corebridge Financial Dividend Yield % Related Terms

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


Corebridge Financial (Corebridge Financial) Business Description

Traded in Other Exchanges
Address
2919 Allen Parkway, Woodson Tower, Houston, TX, USA, 77019
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other.
Executives
American International Group, Inc. 10 percent owner 1271 AVE OF THE AMERICAS, FL 37, NEW YORK NY 10020-1304
John P Byrne officer: Pres of Financial Distributors 7428 FOXBURG COURT, CLARKSTON MI 48348
Timothy M Heslin officer: President of Life Insurance 4401 FARRISWOOD DR., NASHVILLE TN 37204
Bryan A Pinsky officer: Pres of Individual Retirement 405 10TH ST., MANHATTAN BEACH CA 90266
Caldwell Steven Douglas Jr officer: Chief Risk Officer 39 GRAMERCY PARK N APT 1BC, NEW YORK NY 10010
Christopher Brian Smith officer: Chief Operating Officer 42 WADE DRIVE, SUMMIT NJ 07901
Lisa Longino officer: Chief Investment Officer C/O COREBRIDGE FINANCIAL, INC., 2919 ALLEN PARKWAY, WOODSON TOWER, HOUSTON TX 77019
Hunter Constance officer: Head of Strategy 1271 AVE OF THE AMERICAS, NEW YORK NY 10020-1304
Katherine Ann Anderson officer: Chief Risk Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Elizabeth Palmer officer: Chief Marketing Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Alan Leonard Smith officer: Chief Human Resources Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Terri N Fiedler officer: President Retirement Services C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS NY 91367
Todd P Solash officer: President, IR and Life C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Jonathan J Novak officer: President of IM C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367
Mia W Tarpey officer: Chief Operating Officer C/O COREBRIDGE FINANCIAL, INC., 21650 OXNARD STREET, SUITE 750, WOODLAND HILLS CA 91367