F&G Annuities & Life, Inc. (NYSE:FG) Declares $0.25 Quarterly Dividend

F&G Annuities & Life, Inc. (NYSE:FGGet Free Report) declared a quarterly dividend on Friday, February 20th. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.25 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Tuesday, March 17th.

F&G Annuities & Life has a payout ratio of 17.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect F&G Annuities & Life to earn $6.10 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 16.4%.

F&G Annuities & Life Stock Performance

Shares of FG stock traded down $2.18 during trading hours on Friday, hitting $25.50. The company’s stock had a trading volume of 1,028,259 shares, compared to its average volume of 502,682. The stock has a market cap of $3.43 billion, a PE ratio of 13.93 and a beta of 1.46. F&G Annuities & Life has a 12-month low of $24.40 and a 12-month high of $44.36. The company has a 50 day moving average of $29.36 and a 200 day moving average of $31.30. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.45.

F&G Annuities & Life (NYSE:FGGet Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $1.34 by ($0.43). F&G Annuities & Life had a net margin of 4.62% and a return on equity of 10.62%. The company had revenue of $739.00 million for the quarter, compared to analysts’ expectations of $1.55 billion. On average, sell-side analysts forecast that F&G Annuities & Life will post 5.54 EPS for the current fiscal year.

Key F&G Annuities & Life News

Here are the key news stories impacting F&G Annuities & Life this week:

F&G Annuities & Life Company Profile

(Get Free Report)

F&G Annuities & Life is the principal life insurance and annuity subsidiary of F&G Financial Group, Inc (NYSE: FG), a publicly traded financial services holding company headquartered in Des Moines, Iowa. The company focuses on designing and issuing retirement income solutions that address longevity risk, capital preservation, and wealth transfer for individual and institutional clients.

Its product suite includes fixed indexed annuities, which offer the potential for market-linked growth with downside protection; fixed-rate annuities, delivering guaranteed interest over a defined term; and a range of life insurance policies such as term, universal, and variable universal life.

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Dividend History for F&G Annuities & Life (NYSE:FG)

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