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News

Assurant Demonstrates Strong Performance and Increased Profits, Maximizing Returns for Shareholders

Author: Benzinga Insights | December 18, 2023 11:05am

By the end of today, December 18, 2023, Assurant (NYSE:AIZ) is set to deliver a dividend payout of $0.72 per share, equating to an annualized dividend yield of 1.81%. Shareholders who owned the stock prior to the ex-dividend date on November 24, 2023 will receive this payout.

Assurant Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-11-24 4 $0.72 1.81% 2023-11-09 2023-11-27 2023-12-18
2023-08-25 4 $0.7 1.99% 2023-08-10 2023-08-28 2023-09-18
2023-05-26 4 $0.7 2.17% 2023-05-11 2023-05-30 2023-06-20
2023-02-24 4 $0.7 2.2% 2023-01-19 2023-02-27 2023-03-20
2022-11-25 4 $0.7 2.28% 2022-11-10 2022-11-28 2022-12-19
2022-08-26 4 $0.68 1.77% 2022-08-04 2022-08-29 2022-09-19
2022-05-27 4 $0.68 1.51% 2022-05-12 2022-05-31 2022-06-20
2022-02-25 4 $0.68 1.74% 2022-01-11 2022-02-28 2022-03-21
2021-11-26 4 $0.68 1.7% 2021-11-10 2021-11-29 2021-12-20
2021-08-27 4 $0.66 1.73% 2021-07-23 2021-08-30 2021-09-21
2021-05-28 4 $0.66 1.66% 2021-05-19 2021-06-01 2021-06-22
2021-02-19 4 $0.66 1.92% 2021-01-12 2021-02-22 2021-03-15

Assurant's dividend yield falls in the middle range when compared to its industry peers, with Horace Mann Educators (NYSE:HMN) having the highest annualized dividend yield at 4.06%.

Analyzing Assurant Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $2.43 to $2.74, reflecting the company's focus on providing greater returns to its shareholders.

YoY Earnings Growth For Assurant

earning chart graph

The earnings chart illustrates an increase in Assurant's earnings per share, from $7.13 in 2019 to $10.18 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.

Recap

This article takes an in-depth look at Assurant's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.72 per share today, translating to an annualized dividend yield of 1.81%.

Assurant's dividend yield falls in the middle range when compared to its industry peers, with Horace Mann Educators having the highest annualized dividend yield at 4.06%.

The upward trend in dividend per share and earnings per share for Assurant from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.

To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.

[Track real-time stock fluctuations for Assurant on Benzinga.](https://www.benzinga.com/quote/Assurant (NYSE: AIZ))

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: AIZ HMN

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