GLOBE LIFE INC. DECLARES DIVIDEND

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Globe Life (NYSE: GL) has announced a quarterly dividend declaration of $0.24 per share on all outstanding common stock. Shareholders of record as of January 6, 2025, will receive the dividend payment on January 31, 2025. The company operates as a holding company focused on providing life and supplemental health insurance products to the middle-income market through various distribution channels, including direct-to-consumer and agency networks.

Positive

Consistent dividend payment maintained at $0.24 per share
Stable shareholder returns through regular quarterly distributions

Negative

None.

News Market Reaction

+0.50%

1 alert

+0.50% News Effect

On the day this news was published, GL gained 0.50%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/15/2024 - 04:15 PM

MCKINNEY, Texas, Nov. 15, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $.2400 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 January 6, 2025. The dividend will be paid on January 31, 2025.

Globe Life Inc. is a holding company specializing in life and supplemental health insurance for the middle-income market distributed through multiple channels, including direct to consumer and exclusive and independent agencies.

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