company-logo

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 0.65%
Globe Life's payout ratio for the trailing twelve months (TTM) is 8.26%
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 dateDividend amountDividend typePay date
2024-10-04$0.24quarterly2024-11-01
2024-07-05$0.24quarterly2024-08-01
2024-04-04$0.24quarterly2024-05-01
2023-10-05$0.23quarterly2023-11-01
2023-07-03$0.23quarterly2023-08-01
2023-03-31$0.23quarterly2023-05-01
2023-01-05$0.21quarterly2023-02-01
2022-10-06$0.21quarterly2022-11-01
2022-07-01$0.21quarterly2022-08-01
2022-04-01$0.21quarterly2022-04-29
2022-01-06$0.20quarterly2022-02-01
2021-10-01$0.20quarterly2021-11-01
2021-07-01$0.20quarterly2021-07-30
2021-04-01$0.20quarterly2021-04-30
2021-01-07$0.19quarterly2021-02-01
2020-10-02$0.19quarterly2020-10-30
2020-07-02$0.19quarterly2020-07-31
2020-04-02$0.19quarterly2020-05-01
2020-01-02$0.17quarterly2020-01-31
2019-10-03$0.17quarterly2019-11-01
2019-07-03$0.17quarterly2019-08-01
2019-04-04$0.17quarterly2019-05-01
2019-01-03$0.16quarterly2019-02-01
2018-10-04$0.16quarterly2018-11-01
2018-07-03$0.16quarterly2018-08-01
2018-04-02$0.16quarterly2018-05-01
2018-01-04$0.15quarterly2018-02-01
2017-10-05$0.15quarterly2017-11-01
2017-06-30$0.15quarterly2017-08-01
2017-03-30$0.15quarterly2017-05-01
2017-01-04$0.14quarterly2017-02-01
2016-10-05$0.14quarterly2016-11-01
2016-06-29$0.14quarterly2016-08-01
2016-03-31$0.14quarterly2016-04-29
2016-01-04$0.14quarterly2016-02-01
2015-09-30$0.14quarterly2015-10-30
2015-06-30$0.14quarterly2015-07-31
2015-03-31$0.14quarterly2015-05-01
2014-12-31$0.13quarterly2015-01-30
2014-10-01$0.13quarterly2014-10-31
2014-05-29$0.19quarterly2014-08-01
2014-04-01$0.19quarterly2014-05-01
2013-12-31$0.17quarterly2014-01-31
2013-10-02$0.17quarterly2013-11-01
2013-07-02$0.17quarterly2013-08-01
2013-04-03$0.02quarterly2013-05-01
2013-01-02$0.01quarterly2013-02-01

Globe Life Dividend per year

Globe Life Dividend growth

Globe Life Dividend Yield

Globe Life current trailing twelve-month (TTM) dividend yield is 0.65%. Interested in purchasing Globe Life stock? Use our calculator to estimate your expected dividend yield:

Globe Life Financial Ratios

P/E ratio9.96
PEG ratio1.43
P/B ratio1.99
ROE21.56%
Payout ratio8.26%
Current ratio0.66
Quick ratio1.11
Cash Ratio0.05

Globe Life Dividend FAQ

How much is the next Globe Life dividend?
Globe Life's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Globe Life dividend. The next Globe Life dividend will be released in January, March, July, or October.
When is Globe Life dividend paid?
Globe Life pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Globe Life pay?
The specific amount of Globe Life dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Globe Life's dividend history.
Does Globe Life stock pay dividends?
Yes, Globe Life does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Globe Life's dividend history.
How much dividend does Globe Life pay?
Globe Life paid $0.72 in 2024, $0.883 in 2023, $0.819 in 2022, $0.782 in 2021, and $0.735 in 2020.
How often does Globe Life pay dividends?
Globe Life typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, March, July, and October.
What is Globe Life's dividend yield?
The current dividend yield for Globe Life is 0.65%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Globe Life's exact dividend yield.
When does Globe Life go ex dividend?
Globe Life's ex-dividend date for the latest dividend was on 2024-10-04. Globe Life typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Globe Life dividend paid?
Globe Life pays dividends on a quarterly basis, typically around January, March, July, or October, but the exact dates can vary each year.
Will Globe Life increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Globe Life will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Globe Life dividend per share?
Globe Life paid $0.72 per share in 2024 and $0.883 per share in 2023. The amount of dividend per share that Globe Life pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Globe Life a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Globe Life a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Globe Life a dividend stock?
Yes, Globe Life is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Globe Life a good dividend stock?
Whether Globe Life is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Globe Life has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Globe Life pay dividends monthly?
Globe Life typically pays dividends on a quarterly basis.
Does Globe Life pay dividends quarterly?
Globe Life currently pays dividends on a quarterly basis.
Has Globe Life ever paid a dividend?
Yes, Globe Life has a history of paying dividends to its shareholders. Globe Life is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Globe Life dividend stocks?
To buy Globe Life you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Globe Life stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Globe Life pay dividends 2024?
Globe Life pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Globe Life increase its dividend in 2024?
Decisions regarding Globe Life dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Globe Life dividend overview you can look into the above table of dividend history.
How Globe Life dividend works?
The Globe Life dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Globe Life's dividend process works:

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.
How are Globe Life dividends paid?
Globe Life dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Globe Life pay dividends?
Globe Life typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Globe Life pay dividends?
The general pattern is that Globe Life pays dividends around January, March, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Globe Life dividend safe?
The safety of Globe Life's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.