F&G Annuities & Life, Inc. (FG) To Go Ex-Dividend on September 16th

F&G Annuities & Life, Inc. (NYSE:FG) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 16th will be paid a dividend of 0.25 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, September 16th.

F&G Annuities & Life has a dividend payout ratio of 17.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect F&G Annuities & Life to earn $4.08 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 24.5%.

F&G Annuities & Life Stock Performance

Shares of FG opened at $23.12 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.30 and a current ratio of 0.30. The firm has a market capitalization of $3.03 billion, a P/E ratio of 7.89 and a beta of 1.17. F&G Annuities & Life has a 52 week low of $20.57 and a 52 week high of $35.33. The stock has a 50 day moving average price of $27.13 and a two-hundred day moving average price of $26.50.

F&G Annuities & Life (NYSE:FG) last posted its earnings results on Wednesday, August 5th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.13). The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.49 billion. F&G Annuities & Life had a return on equity of 10.28% and a net margin of 6.89%. Equities analysts forecast that F&G Annuities & Life will post 3.17 earnings per share for the current fiscal year.

F&G Annuities & Life Company Profile

F&G Annuities & Life, Inc is a financial services company focused on providing retirement and life insurance solutions. The company serves individuals, families, businesses and institutional clients through a portfolio of annuity and life insurance products designed to support income planning, wealth preservation and financial protection.

Its offerings include fixed indexed annuities, fixed-rate and multi-year guaranteed annuities, life insurance policies and institutional solutions such as pension risk transfer products.