Globe Life Inc. Declares Dividend

Rhea-AI Summary

Globe Life Inc. (NYSE: GL) has announced an increase in its quarterly dividend to $.1975 per share, applicable to all outstanding common stock as of the close of business on April 5, 2021. The dividend payment is scheduled for April 30, 2021. This decision reflects the company's commitment to providing value to its shareholders while maintaining its position in the life and supplemental health insurance market for middle-income Americans.

Positive

• Quarterly dividend raised to $.1975 per share, indicating strong company performance and shareholder return.

Negative

• None.

MCKINNEY, Texas, March 26, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has raised the quarterly dividend to $.1975 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company's transfer agent on April 5, 2021.  The dividend will be paid on April 30, 2021.

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

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

The new quarterly dividend for Globe Life Inc. is $.1975 per share.

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

The dividend will be paid on April 30, 2021.

Who is eligible for the dividend from Globe Life Inc. (GL)?

All shareholders of record as of April 5, 2021, are eligible for the dividend.

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

Globe Life Inc. typically pays dividends quarterly.

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

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