Top 3 Companies in the Life & Health Insurance Industry With the Highest Dividend Yield (KCLI, AFL, …
by admin on Nov.25, 2011, under Life and Health insurance
Below are the three companies in the Life & Health Insurance industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.
Kansas City Life Insurance (NASDAQ:KCLI) is highest with a dividend yield of 3.3%. Kansas City Life Insurance Company offers a variety of individual life insurance and annuity policies, as well as group life insurance distributed primarily through numerous general agencies. The Company is licensed and operates in the United States. Thus far today, Kansas City Life Insurance has traded 1,000 shares, vs. average volume of 18,000 shares per day. The stock has outperformed the Dow (-0.7% to the Dow’s -1.5%) and outperformed the S&P 500 (-0.7% to the S&P’s -1.7%) during today’s trading.
Aflac (NYSE:AFL) is next with a dividend yield of 3.1%.
In the past 52 weeks, shares of Aflac have traded between a low of $31.25 and a high of $59.54 and are now at $40.01, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has slid 0.5%.
Finishing up the top three is Protective Life (NYSE:PL), with a dividend yield of 3.0%.
Protective Life has overhead space with shares priced $20.38, or 22.3% below the average consensus analyst price target of $26.21. Protective Life shares should encounter resistance at the 200-day moving average (MA) of $22.20 and support at the 50-day MA of $18.04.
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