Best Dividend Insurance Stocks - For High Returns in 2024
Dividend insurance stocks offer a compelling investment opportunity for those seeking steady income and exposure to a stable industry. The insurance sector is known for its resilience, even in challenging economic times, as demand for insurance products remains consistent. Many insurance companies have strong cash flows, allowing them to offer reliable dividend payouts to shareholders. Investing in dividend-paying insurance stocks provides both financial stability and the potential for long-term growth. We’ll explore some of the top dividend insurance stocks and why this industry is an attractive option for income-focused investors looking to diversify their portfolios.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| American International Group | 2.05% | 51.60% | 19.20% | 1.06% | 0.06% | 1.81% | 21.48% |
| Aflac | 1.91% | 27.72% | 15.31% | 2.35% | 0.16% | 5.26% | 1.70% |
| Allstate | 1.88% | 25.45% | 12.28% | 2.49% | 0.22% | 14.11% | 13.54% |
| MetLife | 2.60% | 46.15% | 15.43% | 1.88% | 0.13% | 4.41% | 7.39% |
| Progressive | 0.46% | 8.53% | 18.18% | 5.43% | 0.35% | -18.68% | 3.47% |
| Prudential Financial | 4.32% | 45.82% | 10.49% | 1.41% | 0.14% | 6.79% | 11.20% |
| Travelers Companies | 1.68% | 20.76% | 12.33% | 2.02% | 0.18% | 5.34% | 7.20% |
| Unum | 2.13% | 16.51% | 7.81% | 1.26% | 0.17% | 7.24% | 9.71% |
| CNO Financial | 1.22% | 24.80% | 14.78% | 1.51% | 0.11% | 8.63% | 18.29% |
| RenaissanceRe | 0.56% | 3.19% | 3.84% | 1.25% | 0.36% | 2.86% | 3.10% |
| Loews | 0.29% | 3.35% | 11.16% | 1.08% | 0.10% | 0.04% | -2.19% |
| Stanley Black & Decker | 3.80% | -229.58% | -60.66% | 1.46% | -0.02% | 4.53% | 4.98% |
| Sanofi | 3.32% | 0.00% | 15.86% | 1.53% | 0.10% | 12.94% | -11.90% |
| CNA Financial | 7.70% | 78.16% | 10.16% | 1.23% | 0.13% | -0.81% | 13.67% |
| Hartford Financial Services | 1.66% | 18.79% | 11.23% | 2.00% | 0.19% | 9.67% | 13.31% |
| Aegon | 5.26% | 0.00% | 0.00% | 1.17% | 0.00% | -3.07% | -0.49% |
| Invesco | 6.74% | -256.65% | -34.77% | 0.56% | -0.02% | -5.90% | 3.44% |
| State Street | 2.82% | 47.59% | 14.13% | 1.16% | 0.09% | 8.20% | 9.76% |
| Manulife Financial | 4.12% | 54.64% | 13.67% | 1.56% | 0.12% | 8.76% | 7.52% |
| Autoliv | 2.81% | 34.98% | 12.28% | 3.38% | 0.26% | 1.58% | 2.89% |
| CNA Financial | 7.70% | 78.16% | 10.16% | 1.23% | 0.13% | -0.81% | 13.67% |
| MetLife | 2.60% | 46.15% | 15.43% | 1.88% | 0.13% | 4.41% | 7.39% |
| Erie Indemnity | 1.24% | 41.76% | 34.12% | 9.80% | 0.31% | 7.21% | 10.35% |
| Fidelity National Financial | 2.40% | -760.87% | -236.36% | 2.02% | -0.01% | 8.81% | 10.74% |
| Goldman Sachs | 1.96% | 36.22% | 15.62% | 1.57% | 0.10% | 27.23% | 17.75% |
| Dow | 6.85% | 185.20% | 27.05% | 1.57% | 0.06% | 0.00% | 0.00% |
| AGNC Investment | 14.88% | 101.04% | 6.78% | 0.81% | 0.13% | -7.79% | -9.13% |
| Stepan | 2.00% | 73.49% | 37.65% | 1.42% | 0.04% | 9.71% | 8.50% |