Why Reinsurance Group (RGA) is a Great Dividend Stock Right Now

Company Overview - Reinsurance Group (RGA) is headquartered in Chesterfield and has experienced a price change of -16.99% this year [3] - The company currently pays a dividend of $0.89 per share, resulting in a dividend yield of 2.01%, which is higher than the Insurance - Life Insurance industry's yield of 1.81% and the S&P 500's yield of 1.49% [3] Dividend Analysis - RGA's current annualized dividend of $3.56 has increased by 2.3% from the previous year [4] - Over the past 5 years, RGA has raised its dividend 4 times, achieving an average annual increase of 6.28% [4] - The company's current payout ratio is 17%, indicating that it pays out 17% of its trailing 12-month earnings per share as dividends [4] Earnings Growth - The Zacks Consensus Estimate for RGA's earnings in 2025 is $23.10 per share, with an expected increase of 2.35% from the previous year [5] - The company is viewed as a strong dividend play, particularly appealing to income investors [6] Investment Considerations - RGA is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6]