SmarterDividends
RGA

Reinsurance Group of America, Incorporated

RGA

Financial Services · Insurance - Reinsurance · Stock · quarterly payer

$266.75

Overvalued · -23% Add to Portfolio

Forward Yield

1.47%

Annual Dividend

$3.92

Payout Ratio

16%

5-Yr Growth

5.4%

Ex-Date

Aug 18, 2026

Frequency

Quarterly

Key facts about RGA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Reinsurance Group of America, Incorporated (RGA) has a forward dividend yield of 1.47%, based on an annual dividend of $3.92 per share and a share price of $266.75.
  • As of Oct 18, 2026, RGA's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, Reinsurance Group of America, Incorporated (RGA) has raised its dividend for 16 consecutive years as of Oct 18, 2026.
  • RGA has never cut its regular dividend in the payment history SmarterDividends has on record.
  • RGA's most recent ex-dividend date was Aug 18, 2026, for a dividend of $0.98 per share.
  • As of Oct 18, 2026, RGA pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
  • RGA's dividend has grown at an average rate of 5.4% a year over the past five years.
  • As of Oct 18, 2026, RGA's 1.47% yield is 32% below its five-year average yield of 2.15%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for RGA is $206.23 per share, 23% below the $266.75 share price, so RGA screens as overvalued.
  • Reinsurance Group of America, Incorporated (RGA) pays its dividend quarterly, 4 times a year.
  • Reinsurance Group of America, Incorporated (RGA) has raised its regular dividend 16 times and cut it 0 times across the 73 payments on record since 2008. Its most recent change was a 5.4% increase to $0.980 per share, going ex-dividend on Aug 18, 2026.
Cite this page

SmarterDividends, "RGA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/RGA

Summary

As of Oct 18, 2026, Reinsurance Group of America, Incorporated (RGA) yields 1.47% ($3.92 a year per share), has a dividend safety grade of A (94/100) and has 16 consecutive years of dividend increases on record.

Is RGA a good dividend stock?

Yes

Reinsurance Group of America, Incorporated (RGA) pays a quarterly dividend yielding 1.47% ($3.92/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 16 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (16%)
  • Strong 5.4% 5-yr dividend growth
  • 181% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.47%
Payout Ratio
16%
Annual Dividend
$3.92
5-Yr Avg Growth
5.4%
Ex-Dividend Date
Aug 18, 2026
Years of Growth
16
Frequency
quarterly
Beta
0.45
Market Cap
$17.4B
P/E Ratio
11.7
5-Yr Total Return
181%
52-Week Range
$178.21 – $267.46
Dividend Safety
A · 94/100
Ever Cut?
No

RGA dividend raises and cuts

Reinsurance Group of America, Incorporated (RGA) has raised its regular dividend 16 times and cut it 0 times across the 73 payments on record since 2008. Its most recent change was a 5.4% increase to $0.980 per share, going ex-dividend on Aug 18, 2026.

Ex-dateChangeOld → newMove
Aug 18, 2026Raise$0.930 → $0.980+5.4%
Aug 12, 2025Raise$0.890 → $0.930+4.5%
Aug 13, 2024Raise$0.850 → $0.890+4.7%
Aug 14, 2023Raise$0.800 → $0.850+6.2%
Aug 15, 2022Raise$0.730 → $0.800+9.6%
Aug 16, 2021Raise$0.700 → $0.730+4.3%
Aug 7, 2019Raise$0.600 → $0.700+16.7%
Aug 6, 2018Raise$0.500 → $0.600+20.0%
Aug 4, 2017Raise$0.410 → $0.500+22.0%
Aug 5, 2016Raise$0.370 → $0.410+10.8%
Aug 3, 2015Raise$0.330 → $0.370+12.1%
Aug 6, 2014Raise$0.300 → $0.330+10.0%
Show all 16 changes since 2010
Ex-dateChangeOld → newMove
Aug 7, 2013Raise$0.240 → $0.300+25.0%
Aug 8, 2012Raise$0.180 → $0.240+33.3%
Aug 2, 2011Raise$0.120 → $0.180+50.0%
Feb 2, 2010Raise$0.0900 → $0.120+33.3%
Every RGA payment →Download every raise and cut (CSV)
RGA ex-dividend date & scheduleNext ex-date Aug 18, 2026 · full ex-dividend historyView →RGA dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is RGA a good dividend stock?

Yes. Reinsurance Group of America, Incorporated (RGA) pays a quarterly dividend yielding 1.47% ($3.92/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is RGA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RGA's fair value is about $206.23 versus a $266.75 share price — so it looks overvalued (-23% vs. fair value).

Is RGA's dividend safe?

RGA has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is RGA's fair value?

Our blended fair-value estimate for RGA is about $206.23 per share, about 23% below the current $266.75 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RGA a buy, hold, or sell?

We don't issue formal ratings, but on the data RGA screens as "yes" and overvalued. Reinsurance Group of America, Incorporated (RGA) pays a quarterly dividend yielding 1.47% ($3.92/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will RGA cut its dividend?

RGA earns a dividend-safety grade of A (94/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RGA pay a dividend?

Yes. Reinsurance Group of America, Incorporated pays a quarterly dividend of about $3.92 per share annually, a forward yield of roughly 1.47%.

What is RGA's dividend yield?

As of Oct 18, 2026, RGA's forward dividend yield is 1.47%, based on a $3.92 annual dividend and a $266.75 share price.

What is RGA's dividend per share?

As of Oct 18, 2026, RGA pays $3.92 per share per year, distributed on a quarterly basis.

What is RGA's dividend payout ratio?

As of Oct 18, 2026, RGA's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RGA grown its dividend?

As of Oct 18, 2026, RGA has increased its dividend for 16 consecutive years.

When is the next RGA ex-dividend date?

As of Oct 18, 2026, RGA's next ex-dividend date hasn't been announced. The most recent was Aug 18, 2026, for $0.98 per share.

RGA Dividend News

RGA
IncreaseRGA·Aug 24, 2026

Reinsurance Group of America Raises Dividend 5.4%

RGA lifted its quarterly dividend 5.4% to $0.98, extending a 16-year growth streak as strong results and a 16% payout ratio support coverage.

Income Calculator

At $3.92 / yr per share

Per payment (quarterly)$98.00
Annual$392.00
Monthly avg$32.67

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