Globe Life Inc. (GL) Yield on Cost (YOC): 0.67%
The yield on cost (YOC) for Globe Life Inc. (GL) is 0.67%.
GL Yield on Cost (YOC) Metrics
YIELD ON COST (YOC)
0.67%
Yield on Cost for GL
GL now pays $1.14 per share a year. Measured against the price it actually traded at back then, a long-term holder is earning:
| If you bought | Price then | Yield on cost today |
|---|---|---|
| 10 years ago(2016-06-16) | $59.95 | 1.90% |
| 5 years ago(2021-06-14) | $102.97 | 1.11% |
| 3 years ago(2023-06-14) | $107.00 | 1.07% |
| 1 year ago(2025-06-18) | $119.71 | 0.95% |
| Buying today(at $170.76) | $170.76 | 0.67% |
If you buy today and the dividend keeps growing
Projection: starting from today's 0.67% yield, assuming the dividend keeps compounding at its historical 7.4% rate. Boards set dividends each year, so actual figures will differ.
Today
0.67%
In 3 years
0.90%
In 5 years
1.09%
In 10 years
1.79%
Yield on Cost Calculator
Try your own purchase price, dividend and growth rate for Globe Life Inc. (GL).
Starting Yield
0.67%
Ending YOC
1.94%
Year 15 Dividend
$3.32
Cum. Dividends Recd.
$31.68
| Year | Projected Div. / Share | YoY Dividend Hike | Yield on Cost (YOC) | Total Dividends Recd. |
|---|---|---|---|---|
| Initial | $1.14 | — | 0.67% | $0.00 |
| Year 1 | $1.22 | +7.38% | 0.72% | $1.22 |
| Year 2 | $1.31 | +7.38% | 0.77% | $2.54 |
| Year 3 | $1.41 | +7.38% | 0.83% | $3.95 |
| Year 4 | $1.52 | +7.38% | 0.89% | $5.47 |
| Year 5 | $1.63 | +7.38% | 0.95% | $7.09 |
| Year 6 | $1.75 | +7.38% | 1.02% | $8.84 |
| Year 7 | $1.88 | +7.38% | 1.10% | $10.72 |
| Year 8 | $2.02 | +7.38% | 1.18% | $12.73 |
| Year 9 | $2.16 | +7.38% | 1.27% | $14.90 |
| Year 10 | $2.32 | +7.38% | 1.36% | $17.22 |
| Year 11 | $2.49 | +7.38% | 1.46% | $19.71 |
| Year 12 | $2.68 | +7.38% | 1.57% | $22.39 |
| Year 13 | $2.88 | +7.38% | 1.68% | $25.27 |
| Year 14 | $3.09 | +7.38% | 1.81% | $28.36 |
| Year 15 | $3.32 | +7.38% | 1.94% | $31.68 |
Globe Life Inc. Yield on Cost (YOC) Formula & Definition
Yield on cost is the dividend yield measured against your original purchase price, not today's price. As a company raises its dividend, the yield on what you actually paid keeps rising even when the market yield holds steady.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Globe Life Inc. Yield on Cost (YOC) FAQ
- What is the yield on cost (YOC) for Globe Life Inc. (GL)?
- The yield on cost (YOC) for GL stock is 0.67%.
About Globe Life Inc.
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.
- Sector
- Financial Services
- Industry
- Insurance - Life
- CEO
- Frank Martin Svoboda