Globe Life (Globe Life) 5-Year Yield-on-Cost % : 1.65 (As of Apr. 28, 2024)

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What is Globe Life 5-Year Yield-on-Cost %?

Globe Life's yield on cost for the quarter that ended in Dec. 2023 was 1.65.

The historical rank and industry rank for Globe Life's 5-Year Yield-on-Cost % or its related term are showing as below:

GL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.86 Med: 1.11 Max: 2.11
Current: 1.65

During the past 13 years, Globe Life's highest Yield on Cost was 2.11. The lowest was 0.86. And the median was 1.11.

GL's 5-Year Yield-on-Cost % is ranked worse than
81.59% of 402 companies
in the Insurance industry
Industry Median: 3.86 vs GL: 1.65

Competitive Comparison of Globe Life's 5-Year Yield-on-Cost %

For the Insurance - Life subindustry, Globe Life's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Globe Life's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Globe Life's 5-Year Yield-on-Cost % falls into.

Globe Life 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Globe Life is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Globe Life (NYSE:GL) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Globe Life 5-Year Yield-on-Cost % Related Terms

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Globe Life (Globe Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (NYSE:GL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

G1LL34:Brazil

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

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