GLOBE LIFE INC. DECLARES DIVIDEND

On May 17, 2022, Globe Life Inc. (NYSE: GL) declared a quarterly dividend of $0.2075 per share to shareholders of record as of July 5, 2022.

Rhea-AI Summary

On May 17, 2022, Globe Life Inc. (NYSE: GL) declared a quarterly dividend of $0.2075 per share to shareholders of record as of July 5, 2022. The dividend payment is scheduled for August 1, 2022. Globe Life specializes in life and supplemental health insurance for middle-income Americans, utilizing various distribution channels including direct-to-consumer and agency sales.

Positive

• Quarterly dividend declared at $0.2075 per share, providing consistent income for shareholders.

Negative

• None.

Argus Publication session

-2.51% session move Open Argus

Details

News Market Reaction – GL

In the trading session that priced this news, GL declined 2.51%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MCKINNEY, Texas, May 17, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $0.2075 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 July 5, 2022. The dividend will be paid on August 1, 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 dividend amount declared by Globe Life Inc. (GL)?

Globe Life Inc. declared a quarterly dividend of $0.2075 per share.

When is the dividend payment date for Globe Life Inc. (GL)?

The dividend payment date is scheduled for August 1, 2022.

What is the record date for Globe Life Inc. (GL) dividend?

The record date for the dividend is July 5, 2022.

How often does Globe Life Inc. (GL) pay dividends?

Globe Life Inc. typically declares quarterly dividends.

Is the dividend from Globe Life Inc. (GL) sustainable?

The sustainability of the dividend would depend on the company's ongoing financial performance and cash flow.