GL Dividend History - Globe Life

Track the latest GL dividend history! 0.86% Dividend Yield, 5.39% Annual Growth - Explore GL's complete dividend history

Yield 12m 0.86%
Cash Amount 12m 0.95
Dividend Growth 5y avg 5.39%
Dividend Rating 54.16%
Yield on Cost 5y 0.93%
Payout Ratio current 7.9%
Payout Frequency 12m 4
Payout Consistency 92.4%
Total Return 12m: -8.86%
#26 in Group
Total Return 5y: 7.96%
#22 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Life & Health Insurance
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
GL 8,752m 0.86% 0.93%
NN 12,088m 8.10% 14.2%
POW 20,897m 6.14% 11.2%
UNMA 5,641m 6.31% 7.90%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
GL 8,752m 5.39% 54.2%
PRI 10,103m 13.8% 65.0%
AFL 58,064m 9.24% 69.4%
CNO 3,951m 6.53% 60.0%

GL Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-10-04 2024-10-04 2024-11-01 Quarterly 0.24 0.23%
2024-07-05 2024-07-05 2024-08-01 Quarterly 0.24 0.29%
2024-04-04 2024-04-05 2024-05-01 Quarterly 0.24 6.7% 0.22%
2024-01-04 2024-01-05 2024-02-01 Quarterly 0.225 0.18%
2023-10-05 2023-10-06 2023-11-01 Quarterly 0.225 0.21%
2023-07-03 2023-07-05 2023-08-01 Quarterly 0.225 0.21%
2023-03-31 2023-04-03 2023-05-01 Quarterly 0.225 8.2% 0.2%
2023-01-05 2023-01-06 2023-02-01 Quarterly 0.208 0.17%
2022-10-06 2022-10-07 2022-11-01 Quarterly 0.208 0.2%
2022-07-01 2022-07-05 2022-08-01 Quarterly 0.208 0.21%
2022-04-01 2022-04-04 2022-04-29 Quarterly 0.208 5.1% 0.21%
2022-01-06 2022-01-07 2022-02-01 Quarterly 0.198 0.2%
2021-10-01 2021-10-04 2021-11-01 Quarterly 0.198 0.22%
2021-07-01 2021-07-05 2021-07-30 Quarterly 0.198 0.21%
2021-04-01 2021-04-05 2021-04-30 Quarterly 0.198 5.3% 0.21%
2021-01-07 2021-01-08 2021-02-01 Quarterly 0.188 0.19%
2020-10-02 2020-10-05 2020-10-30 Quarterly 0.188 0.24%
2020-07-02 2020-07-06 2020-07-31 Quarterly 0.188 0.25%
2020-04-02 2020-04-03 2020-05-01 Quarterly 0.188 8.7% 0.29%
2020-01-02 2020-01-03 2020-01-31 Quarterly 0.173 0.16%
2019-10-03 2019-10-04 2019-11-01 Quarterly 0.173
2019-07-03 2019-07-05 2019-08-01 Quarterly 0.173
2019-04-04 2019-04-05 2019-05-01 Quarterly 0.173 8.1%
2019-01-03 2019-01-04 2019-02-01 Quarterly 0.16
2018-10-04 2018-10-05 2018-11-01 Quarterly 0.16
2018-07-03 2018-07-05 2018-08-01 Quarterly 0.16
2018-04-02 2018-04-03 2018-05-01 Quarterly 0.16 6.7%
2018-01-04 2018-01-05 2018-02-01 Quarterly 0.15
2017-10-05 2017-10-06 2017-11-01 Quarterly 0.15
2017-06-30 2017-07-05 2017-08-01 Quarterly 0.15
2017-03-30 2017-04-03 2017-05-01 Quarterly 0.15 7.1%
2017-01-04 2017-01-06 2017-02-01 Quarterly 0.14
2016-10-05 2016-10-07 2016-11-01 Quarterly 0.14
2016-06-29 2016-07-01 2016-08-01 Quarterly 0.14
2016-03-31 2016-04-04 2016-04-29 Quarterly 0.14 3.7%
2016-01-04 2016-01-06 2016-02-01 Quarterly 0.135
2015-09-30 2015-10-02 2015-10-30 Quarterly 0.135
2015-06-30 2015-07-02 2015-07-31 Quarterly 0.135
2015-03-31 2015-04-02 2015-05-01 Quarterly 0.135 6.3%
2014-12-31 2015-01-05 2015-01-30 Quarterly 0.127

GL Dividend History - FAQ

What is the Dividend Yield of GL?

As of December 2024 GL`s Dividend Yield is 0.86%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.95 USD by the current stock price of 109.39.

What is the long-term Dividend Growth Rate of GL?

In the last 5 Years the Average Dividend Growth Rate was 5.39% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does GL pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) GL paid 4 times a dividend.

What is the Yield on Cost of GL?

The 5 Year Yield-On-Cost is 0.93%. That's the effective dividend income you'd receive today if you purchased Globe Life five years ago. It is calculated by the Rate of the last 12 Months (0.95) divided by the price 5 years ago (101.32).

What is the Payout Consistency of GL?

GL has a Payout Consistency of 92.4%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of GL?

The Overall Dividend Rating of 54.16 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does GL have a good Dividend Yield?

GL`s 0.86% Dividend Yield is considered as: low.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for GL?

The next Dividend Date for GL is unknown.

What is the Dividend Payout Ratio of GL?

The Dividend Payout Ratio of GL is 7.9%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: GL Outstanding Shares

What is the Trend of GL`s Outstanding Shares?

The Outstanding Shares of Globe Life are shrinking at a rate of -3.59% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Globe Life ever had a Stock Split?

Yes, last Stock Split was on 2014-07-02 with a factor of 3:2. This stock split increased the number of shares and lowered the price per share by a ratio of 1.5.
Year Number of Shares (Mill.) Growth Rate
1985 499736800
1986 505760900 +1.21%
1987 402672400 -20.38%
1988 376071400 -6.61%
1989 363308800 -3.39%
1990 353076900 -2.82%
1991 352687500 -0.11%
1992 326010600 -7.56%
1993 336976700 +3.36%
1994 322261100 -4.37%
1995 322221200 -0.01%
1996 320914700 -0.41%
1997 311569900 -2.91%
1998 315590100 +1.29%
1999 298053300 -5.56%
2000 285592200 -4.18%
2001 281426200 -1.46%
2002 268195500 -4.7%
2003 255510000 -4.73%
2004 238783800 -6.55%
2005 231296200 -3.14%
2006 218834400 -5.39%
2007 204530200 -6.54%
2008 188719700 -7.73%
2009 186404300 -1.23%
2010 175226000 -6%
2011 150102500 -14.34%
2012 140371200 -6.48%
2013 133163500 -5.13%
2014 127121100 -4.54%
2015 121480800 -4.44%
2016 121237000 -0.2%
2017 117964000 -2.7%
2018 113667000 -3.64%
2019 110665000 -2.64%
2020 105778000 -4.42%
2021 101343000 -4.19%
2022 98640000 -2.67%
2023 95464000 -3.22%
2024 88087000 -7.73%