Jackson Financial Inc. (JXN) to Issue Quarterly Dividend of $0.90 on December 17th

Jackson Financial Inc. (NYSE:JXN) declared a quarterly dividend on Tuesday, November 3rd. Shareholders of record on Thursday, December 3rd will be paid a dividend of $0.90 per share on Thursday, December 17th. This represents a $3.60 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, December 3rd.

Jackson Financial has a dividend payout ratio of 17.0% meaning its dividend is sufficiently covered by earnings.

Jackson Financial Trading Down 1.8%

Shares of Jackson Financial stock opened at $138.11 on Thursday. The company has a market capitalization of $9.35 billion, a P/E ratio of 11.36 and a beta of 1.34. Jackson Financial has a 1 year low of $89.67 and a 1 year high of $150.00. The company’s fifty day moving average is $133.51 and its two-hundred day moving average is $118.44. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.26 and a current ratio of 0.26.

Jackson Financial (NYSE:JXN) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $7.55 earnings per share for the quarter, topping analysts’ consensus estimates of $7.24 by $0.31. Jackson Financial had a return on equity of 19.81% and a net margin of 13.41%. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.07 billion.

About Jackson Financial

Jackson Financial Inc is a U.S.-based financial services company focused on helping individuals and institutions pursue retirement security. Through its operating subsidiaries, the company develops and distributes annuity products designed to provide income, investment growth opportunities and protection against certain retirement-related risks.

Jackson’s offerings include variable annuities, fixed annuities and fixed-indexed annuities, along with related retirement planning solutions.