GLOBE LIFE INC. DECLARES DIVIDEND

Globe Life Inc. (NYSE: GL) has announced an increase in its quarterly dividend to $.2075 per share, applicable to all outstanding common stock.

Rhea-AI Summary

Globe Life Inc. (NYSE: GL) has announced an increase in its quarterly dividend to $.2075 per share, applicable to all outstanding common stock. Shareholders on record as of April 4, 2022 will receive this dividend on April 29, 2022. Globe Life specializes in life and supplemental health insurance aimed at middle-income Americans, utilizing diverse distribution channels, including direct-to-consumer and agency sales.

Positive

• Quarterly dividend increased to $.2075 per share, reflecting the company's commitment to shareholder returns.

Negative

• None.

Argus Publication session

+2.97% session move Open Argus

Details

News Market Reaction – GL

In the trading session that priced this news, GL gained 2.97%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MCKINNEY, Texas, March 8, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has raised the quarterly dividend to $.2075 per share on all of the outstanding common stock of the Company held of record as of close of business of the Company's transfer agent on April 4, 2022. The dividend will be paid on April 29, 2022.

Globe Life Inc. is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct to consumer and exclusive and independent agencies. 

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SOURCE Globe Life Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the new dividend amount for Globe Life (GL)?

The new dividend amount for Globe Life is $.2075 per share.

When will the dividend for Globe Life be paid?

The dividend will be paid on April 29, 2022.

What is the record date for Globe Life's dividend?

The record date for the dividend is April 4, 2022.

Is the dividend from Globe Life sustainable?

The press release does not provide specific details about the sustainability of the dividend.