Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Assurant Inc. (NYSE:AIZ) is a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world’s leading brands.
The 52-week range of Assurant stock price was $160.12 to $230.55.
Advertisement: High Yield Savings Offers
Assurant’s dividend yield is 1.58%. It paid $3.21 per share in dividends during the last 12 months.
Don’t Miss:
On May 6, the company announced its Q1 2025 earnings, posting adjusted EPS of $3.39, beating the consensus estimate of $2.75, while revenues of $3.07 billion came in below the consensus of $3.08 billion, as reported by Benzinga.
“As we look ahead in 2025, we are reaffirming our outlook for earnings growth, demonstrating the position of strength from which we continue to operate. As we navigate through a dynamic macroeconomic environment, we believe we are well positioned to deliver over the long term, leveraging our commercial momentum with existing clients and key prospects, and differentiated products and services that we offer on behalf of the world’s leading brands,” said CEO Keith Demmings.
Trending: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation.
If you want to make $100 per month — $1,200 annually — from Assurant dividends, your investment value needs to be approximately $75,949, which is around 374 shares at $202.98 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (1.58% in this case). So, $1,200 / 0.0158 = $75,949 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
See Also: With Point, you can get up to $500,000 in cash from your property with no monthly payments and no income requirements — even if your credit isn’t perfect.
For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).