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Globe Life (GL) Dividend Yield, Date & History

Globe Life logo
$110.85 +0.16 (+0.14%)
(As of 12/26/2024 05:30 PM ET)

Globe Life Dividend Summary

Dividend Yield
0.87%
Annual Dividend
$0.96
Next
Dividend Payment
Jan. 31
Dividend Increase
Track Record
19 Years
Annualized 3-Year
Dividend Growth
6.29%
Dividend Payout Ratio
8.12%

Globe Life (GL) pays an annual dividend of $0.96 per share, with a dividend yield of 0.87%. The next quarterly payment of $0.24 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Monday, January 6. GL has grown its dividend for 19 consecutive years, with an average annual increase of 2.05%. The company currently pays out 8.12% of its earnings and 6.11% of its cash flow as dividends.

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GL Dividend Payments by Quarter

The chart below displays up to four years of Globe Life's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

GL Dividend Yield Over Time

The chart below tracks Globe Life's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Globe Life vs. The Competition

Compare Globe Life's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeGlobe LifeFinance CompaniesNYSE Companies
Annual Dividend$0.96$0.02$1.39
Dividend Yield0.87%5.70%3.65%
Annualized 3-Year Dividend Growth6.29%12.89%15.74%
Track Record19 years18 years25 years

Globe Life Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings8.12%
Based on This Year's Estimate7.80%
Based on Next Year's Estimate7.10%
Based on Cashflow6.11%

Globe Life Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/15/2024quarterly$0.24 - 0.88%1/6/20251/6/20251/31/2025
8/8/2024quarterly$0.24 - 1.05%10/4/202410/4/202411/1/2024
5/6/2024quarterly$0.24 - 1.24%7/5/20247/5/20248/1/2024
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3/18/2024quarterly$0.24+$0.0150
6.67%
0.82%4/4/20244/5/20245/1/2024
11/14/2023quarterly$0.2250 - 0.76%1/4/20241/5/20242/1/2024
9/12/2023quarterly$0.2250 - 0.82%10/5/202310/6/202311/1/2023
6/21/2023quarterly$0.2250 - 0.84%7/3/20237/5/20238/1/2023
2/23/2023Quarterly$0.2250+$0.0175
8.43%
0.74%3/31/20234/3/20235/1/2023

This table shows Globe Life's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Globe Life Dividend - Frequently Asked Questions

The current dividend yield for Globe Life is 0.87%. Learn more on GL's dividend yield history.

The annual dividend for GL shares is $0.96. Learn more on GL's annual dividend history.

Globe Life pays quarterly dividends to shareholders.

Globe Life's next quarterly dividend payment of $0.24 per share will be made to shareholders on Friday, January 31, 2025.

Globe Life's most recent quarterly dividend payment of $0.24 per share was made to shareholders on Friday, November 1, 2024.

Globe Life's next ex-dividend date is Monday, January 6, 2025.

Globe Life's most recent ex-dividend date was Friday, October 4, 2024.

Over the past three years, the company's dividend has grown by an average of 6.29% per year.

Globe Life has increased its dividend for the past 19 consecutive years.

The most recent change in the company's dividend was an increase of $0.0150 on Monday, March 18, 2024.

The dividend payout ratio for GL is:
  • 8.12% based on the trailing year of earnings
  • 7.80% based on this year's estimates
  • 7.10% based on next year's estimates
  • 6.11% based on cash flow

Globe Life's dividend yield of 0.88% is lower than the average Finance company that issues a dividend. The company's 19 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Globe Life's dividend payout ratio of 8.12% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Globe Life stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NYSE:GL) was last updated on 12/27/2024 by MarketBeat.com Staff
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