F&G Annuities & Life Inc: An Attractive Dividend Stock with Sustainable Yield Potential
In trading on Thursday, shares of F&G Annuities & Life Inc (Symbol: FG) yielded above the 2% mark based on its quarterly dividend of $0.88 annually. During the day, the stock traded as low as $43.80. Dividends are crucial for investors, as they have historically played a significant role in overall stock market returns. For instance, if you had bought shares of the iShares Russell 3000 ETF (IWV) on May 31, 2000, you would have paid $78.27 per share. Fast forward to May 31, 2012, and each share was valued at $77.79, resulting in a minimal loss of $0.48, or 0.6%, over twelve years. However, you would have received $10.77 per share in dividends throughout this period, boosting your total return to 13.15%. Even with reinvested dividends, the average annual total return stands at about 1.0%. Therefore, a consistent yield above 2% becomes particularly enticing for investors. F&G Annuities & Life Inc (Symbol: FG) is also part of the Russell 3000, highlighting its status among the largest 3,000 companies in U.S. stock markets.
Dividend payments can often be unpredictable, influenced by the company’s profitability. Analyzing the dividend history chart for F&G Annuities & Life Inc below can provide insight into whether the current dividend is sustainable and if a 2% annual yield is a reasonable expectation.
Click here to find out which 9 other dividend stocks just recently went on sale »
Additional Resources:
• WFC Historical Stock Prices
• Funds Holding ATNF
• Funds Holding USBF
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
