Assurant, Inc. (NYSE:AIZ – Get Free Report) announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Monday, June 8th will be given a dividend of 0.88 per share by the financial services provider on Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Monday, June 8th.
Assurant has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 21 consecutive years. Assurant has a dividend payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Assurant to earn $22.69 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 15.5%.
Assurant Price Performance
AIZ opened at $255.53 on Friday. The stock has a fifty day moving average of $228.20 and a 200-day moving average of $229.63. The firm has a market capitalization of $12.66 billion, a P/E ratio of 13.07 and a beta of 0.56. Assurant has a 12-month low of $183.39 and a 12-month high of $260.96. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.38.
Assurant News Roundup
Here are the key news stories impacting Assurant this week:
- Positive Sentiment: Zacks Research lifted its FY2027, FY2028, Q1 2028 and Q2 2027 EPS forecasts for Assurant, signaling improving longer-term earnings expectations. Assurant stock page
- Positive Sentiment: Assurant announced a quarterly dividend of $0.88 per share, reinforcing its shareholder-return profile and offering support for income-focused investors. Assurant stock page
- Neutral Sentiment: The new forecasts remain close to, or slightly below, the current full-year consensus EPS estimate of $21.01, suggesting analysts are not making a major fundamental reset yet. Assurant stock page
- Negative Sentiment: Zacks trimmed near-term estimates for FY2026, Q3 2026 and Q4 2026 EPS, which may pressure sentiment because investors often focus on the next few quarters. Assurant stock page
Assurant Company Profile
Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.
Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.
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