Reinsurance Group of America, Incorporated (NYSE:RGA) Updates On Dividend Release Date

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On 2016-07-28, Reinsurance Group of America, Incorporated (NYSE:RGA) confirmed the dividend disbursement of $0.41 a share to shareholders as on record 2016-08-09. The firm will release dividend on 2016-08-30 while ex-dividend date is reported to be 2016-08-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Reinsurance Group of America, Incorporated (NYSE:RGA) paid a total of $0.41 per share in dividends. This figure stood at $0.41 a share in the same period a year ago indicating a deviation of 11.1111%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $99 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $108 and $90, respectively.

Taking the mathematical rating formula, the price for Reinsurance Group of America, Incorporated (NYSE:RGA) stands at 2.77. Earnings Review Reinsurance Group of America, Incorporated (NYSE:RGA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $2.3.

Coming to the quarter ending on 2015-12-31, Reinsurance Group of America, Incorporated (NYSE:RGA) recorded EPS of $2.8. The reported numbers came lower than the analysts’ estimates of $2.29, demonstrating a miss of $0.51 as against reported figures.

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