Logic Insurance, How to Choosing Insurance Companies with Highest Dividends Payment - For income investors, finding companies that pay above-average dividends consistently is key to creating and sustaining a successful portfolio that generates an income stream.
While some industries are not widely known for dividend-producing stock, sectors such as the financial services and insurance industries are common additions to portfolios seeking fixed income through dividends.
While some industries are not widely known for dividend-producing stock, sectors such as the financial services and insurance industries are common additions to portfolios seeking fixed income through dividends.
Insurance Companies with Highest Dividends Payment
The insurance companies that pay the highest dividends to investors include MetLife (MET), Cincinnati Financial and Aflac (AFL).MetLife
MetLife is one of the largest domestic insurance companies providing coverage to both individuals and businesses. Its core business lines include individual life and auto coverage, individual fixed and variable annuity products, and group dental, disability and long-term care policies.
MetLife has a long history of strong financial standing, and its brand name is known worldwide. The company currently pays a quarterly dividend of 35 cents, a dividend yield of 2.74% and a payout ratio of 0.24%.
MetLife has a long history of strong financial standing, and its brand name is known worldwide. The company currently pays a quarterly dividend of 35 cents, a dividend yield of 2.74% and a payout ratio of 0.24%.
Cincinnati Financial
As a property and casualty company, Cincinnati Financial focuses its core business operations on providing competitive insurance coverage to protect businesses and individuals from financial loss due to property damage or theft, professional and personal liability claims, and death.
For the last 60 years, Cincinnati Financial has paid steadily increasing dividends to investors. The company's current dividend yield of 3.49% is above the industry average, and its dividend payout ratio is 0.71%. Cincinnati Financial is currently paying a quarterly dividend of 44 cents.
Aflac
Aflac is the largest insurer within the United States to cover against personal accidents and health issues. Its core sales are completed through a network of individual agents through employer-sponsored and subsidized policies, including vision, dental, short-term disability and medical benefit supplement plans. Aflac currently pays a quarterly dividend of 39 cents, has a dividend yield of 2.6% and a payout ratio of 25.8%. (Insurance articles source and author: Instovedia)
THANKYOU FOR READING, PLEASE LIKE, COMMENT AND SHARING
0 Comments