Reinsurance Group Of America's latest quarterly dividend of $0.85 per share was on Feb 12, 2024 (ex-date). The annualized dividend distribution of $3.35 per share represents a current dividend yield of 1.75%.
RGA has a dividend yield of 1.75% which is below the Financial Services sector average. Compared to its Financial Services sector average of 3.41%, Reinsurance Group Of America's dividend yield is 49% lower. Historically RGA's dividend yield has averaged at 2.2% in the last 5 years, which is above the current yield.
Reinsurance Group Of America has a history of paying dividends since 1998. Our records of RGA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 7% since twelve months ago. But with the price of the stock up by 36% from a year ago, the dividend yield has a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 12, 2024 | Feb 27, 2024 | Feb 1, 2024 | $0.85 | normal |
| Nov 13, 2023 | Nov 28, 2023 | Oct 31, 2023 | $0.85 | normal |
| Aug 14, 2023 | Aug 29, 2023 | Aug 1, 2023 | $0.85 | normal |
| May 15, 2023 | May 30, 2023 | May 2, 2023 | $0.8 | normal |
| Feb 13, 2023 | Feb 28, 2023 | Feb 2, 2023 | $0.8 | normal |
| Nov 14, 2022 | Nov 29, 2022 | Nov 1, 2022 | $0.8 | normal |
| Aug 15, 2022 | Aug 30, 2022 | Aug 2, 2022 | $0.8 | normal |
| May 16, 2022 | May 31, 2022 | May 3, 2022 | $0.73 | normal |
| Feb 14, 2022 | Mar 1, 2022 | Feb 3, 2022 | $0.73 | normal |
| Nov 15, 2021 | Nov 30, 2021 | Nov 4, 2021 | $0.73 | normal |
| Aug 16, 2021 | Aug 31, 2021 | Aug 3, 2021 | $0.73 | normal |
| May 17, 2021 | Jun 1, 2021 | May 6, 2021 | $0.7 | normal |
| Feb 17, 2021 | Mar 4, 2021 | Feb 8, 2021 | $0.7 | normal |
| Nov 16, 2020 | Dec 3, 2020 | Nov 5, 2020 | $0.7 | normal |
| Aug 13, 2020 | Sep 1, 2020 | Aug 4, 2020 | $0.7 | normal |
| May 20, 2020 | Jun 4, 2020 | May 5, 2020 | $0.7 | normal |
| Feb 5, 2020 | Feb 27, 2020 | Jan 28, 2020 | $0.7 | normal |
| Nov 8, 2019 | Dec 3, 2019 | Oct 30, 2019 | $0.7 | normal |
| Aug 7, 2019 | Aug 29, 2019 | Jul 29, 2019 | $0.7 | normal |
| May 8, 2019 | May 30, 2019 | Apr 29, 2019 | $0.6 | normal |
| Feb 6, 2019 | Feb 28, 2019 | Jan 28, 2019 | $0.6 | normal |
| Nov 5, 2018 | Nov 27, 2018 | Oct 25, 2018 | $0.6 | normal |
| Aug 6, 2018 | Aug 28, 2018 | Jul 26, 2018 | $0.6 | normal |
| May 7, 2018 | May 29, 2018 | Apr 26, 2018 | $0.5 | normal |
| Feb 7, 2018 | Mar 1, 2018 | Jan 29, 2018 | $0.5 | normal |
| Nov 6, 2017 | Nov 28, 2017 | Oct 26, 2017 | $0.5 | normal |
| Aug 4, 2017 | Aug 29, 2017 | Jul 19, 2017 | $0.5 | normal |
| May 5, 2017 | May 30, 2017 | $0.41 | normal | |
| Feb 7, 2017 | Mar 2, 2017 | Jan 26, 2017 | $0.41 | normal |
| Nov 4, 2016 | Nov 29, 2016 | Oct 26, 2016 | $0.41 | normal |
| Aug 5, 2016 | Aug 30, 2016 | Jul 28, 2016 | $0.41 | normal |
| May 6, 2016 | May 31, 2016 | Apr 28, 2016 | $0.37 | normal |
| Feb 5, 2016 | Mar 1, 2016 | Jan 28, 2016 | $0.37 | normal |
RGA has a payout ratio of 24.6% which is lower than the Financial Services sector average. In comparison with the Financial Services sector average of 39.6%, Reinsurance Group Of America's payout ratio is 38% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UNM Unum Group | 2.84% | $1.46 | 22.4% |
| RGA Reinsurance Group Of America Inc | 1.75% | $3.35 | 24.6% |
Yes, Reinsurance Group Of America has been paying dividends for the last 26 years.
RGA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Reinsurance Group Of America's last regular dividend was on Feb 12, 2024 (ex-date) with the amount of $0.85 per share.
RGA's annualized dividend per share is $3.35.
The current dividend yield of Reinsurance Group Of America is 1.75%.
Reinsurance Group Of America pays dividends quarterly.
Reinsurance Group Of America's dividend payout ratio is 24.6%.
Reinsurance Group Of America's dividend yield is below the Financial Services sector average.