Globe Life Dividend yield




   USD/share 
 Price  96.63
 Dividend  0.75
 Earnings  7.00
 Cash-flow  14.21
 Book value  53.68
 Equity  52.24

Globe Life is part of Life Insurance business, which is part of Financials industry. Globe Life is a company from USA, and his stocks are publicly traded.

Globe Life paid a total dividend of 79 million USD last year, for a market value of 10,146 millions (Market Cap 9,932 millions). Dividend per share of Globe Life is 0.75 USD, and his stock market price 96.63 USD.

According to the chart below, where dividend yield is displayed, Globe Life has a dividend yield of 0.78%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Globe Life dividend yield with other Life Insurance companies or firms from USA.

Dividend yield of Globe Life

Globe Life Dividend Payout

About the ability of Globe Life to maintain his current dividend of USD 0.75 per share, an amount that accounts for 0.78%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Globe Life payout on ernings is currently 10.71%, which is lower than the market average and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures lead us to believe that there is confidence that Globe Lifecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Globe Life is USD 14.21 per share, which is higher than the dividend per share paid by the company of USD 0.75, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Globe Life, compared againt world market average, USA companies, Financials industry and Life Insurance sector companies.

Globe Life payout

Globe Life Dividend History

Year Yield  USD  Paypout  Shares* 
Present0.78%0.7510.71%105
20200.79%0.7510.34%105
20190.66%0.6910.68%108

*In millions

Globe Life Stock performance

Finally, last moth Globe Life showed a return of 3.50% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 34.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for USA and Life Insurance firms.

Globe Life stock and market return