Globe Life Inc. Stock Dividends
GL pays dividends quarterly. Last paid amount was $0.240 at May 01, 2024. As of today, dividend yield (TTM) is 1.08%.
Dividend Yield Range
AI Analysis of GL
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.08% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 6.67% |
| Payout Ratio | 0 |
| Amount Per Share | $0.240 |
| Next Ex-Dividend Date | Jul 05, 2024 |
| Next Payment Date | Aug 01, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from GL the purchase should be done within the next 53 days.
Here's a simple guide on how to buy GL stock.
GL Dividend Payout History
To ensure a understanding of GL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 06, 2024 | Jul 05, 2024 | Aug 01, 2024 | $0.240 | 0.277% |
| 2 | Mar 18, 2024 | Apr 04, 2024 | May 01, 2024 | $0.240 | 0.302% |
| 3 | Nov 14, 2023 | Jan 04, 2024 | Feb 01, 2024 | $0.225 | 0.187% |
| 4 | Sep 12, 2023 | Oct 06, 2023 | Nov 01, 2023 | $0.225 | 0.193% |
| 5 | Sep 12, 2023 | Oct 05, 2023 | Nov 01, 2023 | $0.230 | 0.198% |
| 6 | Jun 21, 2023 | Jul 03, 2023 | Aug 01, 2023 | $0.225 | 0.200% |
| 7 | Feb 23, 2023 | Mar 31, 2023 | May 01, 2023 | $0.225 | 0.206% |
| 8 | Dec 13, 2022 | Jan 05, 2023 | Feb 01, 2023 | $0.208 | 0.173% |
| 9 | Sep 07, 2022 | Oct 06, 2022 | Nov 01, 2022 | $0.208 | 0.182% |
| 10 | May 17, 2022 | Jul 01, 2022 | Aug 01, 2022 | $0.208 | 0.210% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
GL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GL stock here.
Comparing GL to Sector and Country
GL pays a solid dividend yield of 1.08%, which is lower than the average of the bottom 25% of dividend payers in the US market (1.81%). GL’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.94%), which means that there are more attractive dividend stocks to consider.
GL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Banco Santander Chile | 8.678B | $0.756 | 7.30% | 86.03% | |
| Western Alliance Bancorporation | 7.014B | $0.370 | 3.08% | 22.81% | |
| Globe Life Inc. | 8.238B | $0.240 | 1.08% | 6.40% |
