Assurant's latest quarterly dividend of $0.72 per share was on Feb 2, 2024 (ex-date). The annualized dividend distribution of $2.84 per share represents a current dividend yield of 1.61%.
AIZ has a dividend yield of 1.61% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.38%, Assurant's dividend yield is 52% lower. The current dividend yield is lower than the historical average of 1.9% of the last 5 years.
Assurant has a history of paying dividends since 2004. Our records of AIZ show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 2.9% since twelve months ago. But with the price of the stock up by 50% from a year ago, the dividend yield has a decrease of 32%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 2, 2024 | Mar 25, 2024 | Jan 18, 2024 | $0.72 | normal |
| Nov 24, 2023 | Dec 18, 2023 | Nov 9, 2023 | $0.72 | normal |
| Aug 25, 2023 | Sep 18, 2023 | Aug 10, 2023 | $0.7 | normal |
| May 26, 2023 | Jun 20, 2023 | May 11, 2023 | $0.7 | normal |
| Feb 24, 2023 | Mar 20, 2023 | Jan 19, 2023 | $0.7 | normal |
| Nov 25, 2022 | Dec 19, 2022 | Nov 10, 2022 | $0.7 | normal |
| Aug 26, 2022 | Sep 19, 2022 | Aug 4, 2022 | $0.68 | normal |
| May 27, 2022 | Jun 20, 2022 | May 12, 2022 | $0.68 | normal |
| Feb 25, 2022 | Mar 21, 2022 | Jan 11, 2022 | $0.68 | normal |
| Nov 26, 2021 | Dec 20, 2021 | Nov 10, 2021 | $0.68 | normal |
| Aug 27, 2021 | Sep 21, 2021 | Jul 23, 2021 | $0.66 | normal |
| May 28, 2021 | Jun 22, 2021 | May 13, 2021 | $0.66 | normal |
| Feb 19, 2021 | Mar 15, 2021 | Jan 12, 2021 | $0.66 | normal |
| Nov 27, 2020 | Dec 21, 2020 | Nov 11, 2020 | $0.66 | normal |
| Aug 28, 2020 | Sep 22, 2020 | Jul 9, 2020 | $0.63 | normal |
| May 22, 2020 | Jun 16, 2020 | May 7, 2020 | $0.63 | normal |
| Feb 21, 2020 | Mar 16, 2020 | Jan 14, 2020 | $0.63 | normal |
| Nov 22, 2019 | Dec 16, 2019 | Nov 8, 2019 | $0.63 | normal |
| Aug 23, 2019 | Sep 16, 2019 | Jul 19, 2019 | $0.6 | normal |
| May 24, 2019 | Jun 18, 2019 | May 8, 2019 | $0.6 | normal |
| Feb 22, 2019 | Mar 18, 2019 | Jan 18, 2019 | $0.6 | normal |
| Nov 23, 2018 | Dec 17, 2018 | Nov 9, 2018 | $0.6 | normal |
| Aug 24, 2018 | Sep 18, 2018 | Jul 12, 2018 | $0.56 | normal |
| May 25, 2018 | Jun 19, 2018 | May 11, 2018 | $0.56 | normal |
| Feb 23, 2018 | Mar 19, 2018 | Jan 19, 2018 | $0.56 | normal |
| Nov 24, 2017 | Dec 18, 2017 | Nov 10, 2017 | $0.56 | normal |
| Aug 24, 2017 | Sep 19, 2017 | Aug 7, 2017 | $0.53 | normal |
| May 25, 2017 | Jun 20, 2017 | May 12, 2017 | $0.53 | normal |
| Feb 23, 2017 | Mar 20, 2017 | Jan 13, 2017 | $0.53 | normal |
| Nov 23, 2016 | Dec 12, 2016 | Nov 14, 2016 | $0.53 | normal |
| Aug 25, 2016 | Sep 13, 2016 | Jul 7, 2016 | $0.5 | normal |
| May 26, 2016 | Jun 14, 2016 | May 13, 2016 | $0.5 | normal |
| Feb 25, 2016 | Mar 14, 2016 | $0.5 | normal | |
| Nov 25, 2015 | Dec 14, 2015 | $0.5 | normal | |
| Aug 27, 2015 | Sep 15, 2015 | $0.3 | normal |
AIZ has a payout ratio of 23.6% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 39.5%, Assurant's payout ratio is 40% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PFG Principal Financial Group Inc | 3.25% | $2.65 | 102.7% |
| UNM Unum Group | 2.75% | $1.43 | 21.8% |
| CNO CNO Financial Group Inc | 2.25% | $0.6 | 24.6% |
| AFL Aflac Inc | 2.1% | $1.76 | 22.5% |
| HIG Hartford Financial Services Group Inc | 1.79% | $1.79 | 22.1% |
| AIZ Assurant Inc | 1.61% | $2.84 | 23.6% |
| UNH Unitedhealth Group Inc | 1.55% | $7.52 | 31.2% |
Yes, Assurant has been paying dividends for the last 20 years.
At this point we don't have a record of AIZ's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Assurant's last dividend ex-date was on Feb 2, 2024. The dividend amount was $0.72 per share.
AIZ has paid dividend of $2.84 per share in the last year.
Assurant's current dividend yield is 1.61%.
Assurant pays four dividends per year.
Assurant's dividend payout ratio is 23.6%.
Assurant's dividend yield is lower than the Financial Services sector average.