Welcome to our dedicated page for Jackson Financial news (Ticker: $JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Jackson Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Jackson Financial's position in the market.
Jackson Financial Inc. (NYSE: JXN) reported a net income of $784 million in the first quarter of 2024, with adjusted operating earnings up 23% to $334 million. The company saw a record level of registered index-linked annuity sales and total annuity assets under management grew to $248 billion. Jackson also returned $172 million to common shareholders and maintained a robust capital position. Laura Prieskorn, President and CEO, highlighted the company's momentum and positive financial targets.
Jackson Financial Inc. announced dividends for the second quarter of 2024 - $0.70 per common stock and $0.50 per preferred stock (JXN and JXN PR A) payable in June and July respectively.
Jackson National Life Insurance Company® (Jackson®), a subsidiary of Jackson Financial Inc. (NYSE: JXN), has launched +Income, an add-on benefit offering guaranteed lifetime income through their Market Link Pro suite of registered index-linked annuities (RILAs). This new feature allows clients to create an immediate income stream or defer withdrawals, providing growth potential over time. RILAs are designed for retirement, subject to investment risk, with fluctuating values and possible loss of principal. +Income aims to provide clients with guaranteed retirement income that can withstand market fluctuations while offering additional benefits like legacy creation through built-in death benefits.