Reinsurance Group of America, Incorporated (RGA) Dividend History
Income profile from 2008 to 2026 with payout safety and yield-on-cost trend
RGA Dividend Income Check
Safety
20.3% payout ratio with sustainable safety profile.
Consistency
18 straight years of dividend increases.
Income Trend
Yield on cost is 3.3% and trend is rising.
RGA Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
RGA Income Growth Story
Dividend per share and yield on cost over time (19 years of payments)
RGA Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Reinsurance Group of America, Incorporated distributes 20.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 5.8%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
RGA has raised its dividend for 18 consecutive years, with a 3-year CAGR of 6.0% and 5-year CAGR of 5.4%.
Total Shareholder Returns
Beyond cash dividends, RGA returns capital through share repurchases. The combined picture: 1.7% dividend yield, 1.2% buyback yield, 2.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.3% and is currently rising. The 5-year total return is 81.7%, with dividends contributing 13.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $25,419 today.
RGA Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 17, 2026Latest | $0.9300 | — | 1.66% | Mar 3, 2026 |
| Nov 10, 2025 | $0.9300 | — | 1.95% | Nov 25, 2025 |
| Aug 12, 2025 | $0.9300 | ↑ +4.5% | 1.93% | Aug 26, 2025 |
| May 13, 2025 | $0.8900 | — | 1.72% | May 27, 2025 |
| Feb 18, 2025 | $0.8900 | — | 1.75% | Mar 4, 2025 |
| Nov 12, 2024 | $0.8900 | — | 1.52% | Nov 26, 2024 |
| Aug 13, 2024 | $0.8900 | ↑ +4.7% | 1.71% | Aug 27, 2024 |
| May 13, 2024 | $0.8500 | — | 1.65% | May 28, 2024 |
RGA Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| $14.0B | 1.7% | 20.3% | 18 | Sustainable | |
| $14.2B | 2.3% | 21.1% | 13 | Sustainable | |
| $13.0B | 0.6% | 2.8% | 1 | Sustainable | |
| $64.6B | 1.4% | 15.6% | 20 | Sustainable | |
3rd | $51.4B | 2.9% | 44.7% | 13 | Sustainable |
1st | $34.6B | 5.5% | 53.9% | 8 | Sustainable |
2nd | $6.9B | 4.9% | 27.6% | 0 | Sustainable |
RGA Annual Dividend History (1993–2026)
34 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.93 | — | 1 | — | — | — | 0.8% |
| 2025 | $3.64 | 4.6% | 4 | $17.69 | 20.6% | 4.86x | 3.3% |
| 2024 | $3.48 | 5.5% | 4 | $10.73 | 32.4% | 3.08x | 3.1% |
| 2023 | $3.30 | 7.8% | 4 | $13.44 | 24.6% | 4.07x | 3.0% |
| 2022 | $3.06 | 7.0% | 4 | $7.64 | 40.1% | 2.50x | 2.7% |
| 2021 | $2.86 | 2.1% | 4 | $9.04 | 31.6% | 3.16x | 2.6% |
| 2020 | $2.80 | 7.7% | 4 | $6.31 | 44.4% | 2.25x | 2.5% |
| 2019 | $2.60 | 18.2% | 4 | $13.62 | 19.1% | 5.24x | 2.3% |
| 2018 | $2.20 | 20.9% | 4 | $11.00 | 20.0% | 5.00x | 2.0% |
| 2017 | $1.82 | 16.7% | 4 | $27.71 | 6.6% | 15.23x | 1.6% |
Full RGA Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See RGA's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonRGA — Frequently Asked Questions
Quick answers to the most common questions about buying RGA stock.
How much dividend does RGA pay per share?
Reinsurance Group of America, Incorporated (RGA) pays a trailing 12-month dividend of $3.60 per share, with a current dividend yield of +1.7%. Payments are made Annual.
When is RGA's next ex-dividend date?
RGA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. RGA typically pays dividends Annual.
Is RGA's dividend safe?
RGA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +20.3% and FCF payout ratio of +5.8%. With 18 consecutive years of dividend growth, the track record supports sustainability.
Is RGA a Dividend Achiever?
Yes, Reinsurance Group of America, Incorporated is classified as a Dividend Achiever with 18 consecutive years of dividend increases. The 5-year dividend CAGR is +5.4%, demonstrating above-inflation dividend growth.
How often does RGA pay dividends?
Reinsurance Group of America, Incorporated pays dividends Annual. The trailing 12-month total is $3.60 per share. Dividend data on this page covers 18+ years from 2008 to 2026.
How much would $10,000 invested in RGA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in RGA five years ago would be worth approximately $18,166 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is RGA's yield on cost for long-term holders?
RGA's yield on cost — the current dividend divided by the original purchase price — is +3.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.7% market yield, thanks to consistent dividend growth.