Reinsurance Group of America, Incorporated (RGA) to Distribute Quarterly Dividend of $0.98 on December 1st

Reinsurance Group of America, Incorporated (NYSE:RGA) announced a quarterly dividend on Thursday, October 22nd. Stockholders of record on Tuesday, November 17th will be paid a dividend of $0.98 per share by the insurance provider on Tuesday, December 1st. This represents a $3.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Tuesday, November 17th.

Reinsurance Group of America has raised its dividend by an average of 0.1% per year over the last three years and has increased its dividend every year for the last 16 years. Reinsurance Group of America has a dividend payout ratio of 15.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Reinsurance Group of America to earn $29.71 per share next year, which means the company should continue to be able to cover its $3.92 annual dividend with an expected future payout ratio of 13.2%.

Reinsurance Group of America Stock Up 0.5%

RGA stock traded up $1.50 during mid-day trading on Friday, hitting $275.24. 357,528 shares of the company were exchanged, compared to its average volume of 454,101. The company has a current ratio of 0.16, a quick ratio of 0.14 and a debt-to-equity ratio of 0.45. Reinsurance Group of America has a twelve month low of $182.73 and a twelve month high of $277.15. The firm has a fifty day simple moving average of $257.46 and a 200 day simple moving average of $228.24. The company has a market capitalization of $17.90 billion, a PE ratio of 10.64 and a beta of 0.43.

Reinsurance Group of America (NYSE:RGA) last announced its quarterly earnings data on Thursday, November 5th. The insurance provider reported $8.49 earnings per share for the quarter, beating analysts’ consensus estimates of $6.97 by $1.52. Reinsurance Group of America had a net margin of 6.26% and a return on equity of 16.18%. The business had revenue of $7.55 billion during the quarter, compared to the consensus estimate of $6.69 billion. During the same quarter in the prior year, the firm earned $6.37 EPS. On average, research analysts forecast that Reinsurance Group of America will post 30.05 earnings per share for the current fiscal year.

Key Stories Impacting Reinsurance Group of America

These are some of the RGA stories that stood out recently:

• Positive Sentiment: Wells Fargo upgraded RGA to Overweight and raised its price target to $312 from $292, implying about 13.4% upside from the cited $275.24 price. Wells Fargo rating
• Positive Sentiment: Dowling & Partners raised its earnings estimates, now forecasting EPS of $30.60 for FY2027 (up from $29.90) and $33.10 for FY2028 (up from $32.40). Higher forecasts signal improved expectations for future earnings.
• Negative Sentiment: EVP Jonathan Porter sold 3,852 shares for about $1.05 million, reducing his holdings by 25.88%. He retained 11,033 shares; the sale may still weigh on sentiment but does not establish the reason for the transaction. SEC filing

About Reinsurance Group of America

Reinsurance Group of America, Incorporated (RGA) is a global life and health reinsurer. It works with insurance companies to help them manage risks and support the development and distribution of insurance products. Its services include life and health reinsurance, as well as solutions involving longevity risk and asset-intensive reinsurance. RGA also provides underwriting expertise, data and analytics, and product and risk-management support to its clients. Founded in 1973, RGA serves clients across North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific.