Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
Globe Life Dividend Announcement
• Globe Life announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-04
• Globe Life annual dividend for 2024 was $0.72
• Globe Life annual dividend for 2023 was $0.88
• Globe Life's trailing twelve-month (TTM) dividend yield is 0.66%
• Globe Life's payout ratio for the trailing twelve months (TTM) is 7.93%
• Globe Life's dividend growth over the last five years (2018-2023) was 6.97% year
• Globe Life's dividend growth over the last ten years (2013-2023) was 5.00% year
Globe Life Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-04 | $0.24 | quarterly | 2024-11-01 |
2024-07-05 | $0.24 | quarterly | 2024-08-01 |
2024-04-04 | $0.24 | quarterly | 2024-05-01 |
2023-10-05 | $0.23 | quarterly | 2023-11-01 |
2023-07-03 | $0.23 | quarterly | 2023-08-01 |
2023-03-31 | $0.23 | quarterly | 2023-05-01 |
2023-01-05 | $0.21 | quarterly | 2023-02-01 |
2022-10-06 | $0.21 | quarterly | 2022-11-01 |
2022-07-01 | $0.21 | quarterly | 2022-08-01 |
2022-04-01 | $0.21 | quarterly | 2022-04-29 |
2022-01-06 | $0.20 | quarterly | 2022-02-01 |
2021-10-01 | $0.20 | quarterly | 2021-11-01 |
2021-07-01 | $0.20 | quarterly | 2021-07-30 |
2021-04-01 | $0.20 | quarterly | 2021-04-30 |
2021-01-07 | $0.19 | quarterly | 2021-02-01 |
2020-10-02 | $0.19 | quarterly | 2020-10-30 |
2020-07-02 | $0.19 | quarterly | 2020-07-31 |
2020-04-02 | $0.19 | quarterly | 2020-05-01 |
2020-01-02 | $0.17 | quarterly | 2020-01-31 |
2019-10-03 | $0.17 | quarterly | 2019-11-01 |
2019-07-03 | $0.17 | quarterly | 2019-08-01 |
2019-04-04 | $0.17 | quarterly | 2019-05-01 |
2019-01-03 | $0.16 | quarterly | 2019-02-01 |
2018-10-04 | $0.16 | quarterly | 2018-11-01 |
2018-07-03 | $0.16 | quarterly | 2018-08-01 |
2018-04-02 | $0.16 | quarterly | 2018-05-01 |
2018-01-04 | $0.15 | quarterly | 2018-02-01 |
2017-10-05 | $0.15 | quarterly | 2017-11-01 |
2017-06-30 | $0.15 | quarterly | 2017-08-01 |
2017-03-30 | $0.15 | quarterly | 2017-05-01 |
2017-01-04 | $0.14 | quarterly | 2017-02-01 |
2016-10-05 | $0.14 | quarterly | 2016-11-01 |
2016-06-29 | $0.14 | quarterly | 2016-08-01 |
2016-03-31 | $0.14 | quarterly | 2016-04-29 |
2016-01-04 | $0.14 | quarterly | 2016-02-01 |
2015-09-30 | $0.14 | quarterly | 2015-10-30 |
2015-06-30 | $0.14 | quarterly | 2015-07-31 |
2015-03-31 | $0.14 | quarterly | 2015-05-01 |
2014-12-31 | $0.13 | quarterly | 2015-01-30 |
2014-10-01 | $0.13 | quarterly | 2014-10-31 |
2014-05-29 | $0.19 | quarterly | 2014-08-01 |
2014-04-01 | $0.19 | quarterly | 2014-05-01 |
2013-12-31 | $0.17 | quarterly | 2014-01-31 |
2013-10-02 | $0.17 | quarterly | 2013-11-01 |
2013-07-02 | $0.17 | quarterly | 2013-08-01 |
2013-04-03 | $0.02 | quarterly | 2013-05-01 |
2013-01-02 | $0.01 | quarterly | 2013-02-01 |
Globe Life Dividend per year
Globe Life Dividend growth
Globe Life Dividend Yield
Globe Life current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Globe Life stock? Use our calculator to estimate your expected dividend yield:
Globe Life Financial Ratios
Globe Life Dividend FAQ
Other factors to consider when evaluating Globe Life as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Globe Life's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Globe Life publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Globe Life distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Globe Life are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Globe Life sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Globe Life distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Globe Life declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Globe Life's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Globe Life's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.