Assurant, Inc. (NYSE:AIZ – Get Free Report) declared a quarterly dividend on Thursday, May 21st. Investors of record on Monday, June 8th will be given a dividend of 0.88 per share by the financial services provider on Monday, June 29th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, June 8th.
Assurant has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 21 years. Assurant has a dividend payout ratio of 18.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Assurant to earn $22.69 per share next year, which means the company should continue to be able to cover its $3.52 annual dividend with an expected future payout ratio of 15.5%.
Assurant Price Performance
Shares of NYSE AIZ opened at $255.53 on Friday. The firm’s 50-day moving average price is $228.20 and its 200-day moving average price is $229.63. Assurant has a 1-year low of $183.39 and a 1-year high of $260.96. The firm has a market capitalization of $12.66 billion, a P/E ratio of 13.07 and a beta of 0.56. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.38.
Key Headlines Impacting Assurant
Here are the key news stories impacting Assurant this week:
- Positive Sentiment: Zacks Research raised its earnings estimates for multiple future periods, including FY2026, FY2027, FY2028, Q1 2027, Q2 2027, Q3 2027, and Q1 2028. Higher profit expectations can support the stock by signaling better long-term earnings power. Assurant stock page
- Positive Sentiment: Assurant announced a quarterly dividend of $0.88 per share, which reinforces shareholder returns and may appeal to income-focused investors. Assurant stock page
- Neutral Sentiment: Some near-term estimates were cut, including Q2 2026, Q3 2026, and Q4 2026 EPS. These revisions are mixed overall, so they may temper some of the optimism from the longer-term upgrades. Assurant stock page
Assurant Company Profile
Assurant, Inc is a global provider of risk management products and services, specializing in the housing and lifestyle markets. The company offers insurance and related products designed to help consumers protect their homes, personal belongings, and electronic devices. Its core offerings include renters insurance, manufactured housing finance, flood insurance, mobile device protection plans, and extended service contracts for appliances and electronics.
Within its Global Housing segment, Assurant partners with mortgage lenders, financial institutions and government agencies to deliver specialty insurance and risk mitigation services.
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