Best Dividend Insurance Stocks - For High Returns in 2024

Dividend insurance stocks offer a compelling investment opportunity for those seeking steady income and exposure to a stable industry. The insurance sector is known for its resilience, even in challenging economic times, as demand for insurance products remains consistent. Many insurance companies have strong cash flows, allowing them to offer reliable dividend payouts to shareholders. Investing in dividend-paying insurance stocks provides both financial stability and the potential for long-term growth. We’ll explore some of the top dividend insurance stocks and why this industry is an attractive option for income-focused investors looking to diversify their portfolios.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
American International Group2.00%51.60%19.69%1.08%0.06%1.81%21.48%
Aflac1.86%27.72%15.72%2.41%0.16%5.26%1.70%
Allstate1.81%25.45%12.74%2.58%0.22%14.11%13.54%
MetLife2.53%46.15%15.84%1.93%0.13%4.41%7.39%
Progressive0.45%8.53%18.38%5.49%0.35%-18.68%3.47%
Prudential Financial4.11%45.82%11.01%1.49%0.14%6.79%11.20%
Travelers Companies1.19%20.76%13.07%2.14%0.18%5.34%7.20%
Unum2.09%16.51%7.93%1.28%0.17%7.24%9.71%
CNO Financial1.54%24.80%15.46%1.58%0.11%8.63%18.29%
RenaissanceRe0.55%3.19%3.91%1.27%0.36%2.86%3.10%
Loews0.22%144.69%11.27%1.09%0.10%0.04%-2.19%
Stanley Black & Decker3.51%-229.58%-65.41%1.57%-0.02%4.53%4.98%
Sanofi3.22%0.00%8.22%0.80%0.10%12.94%-11.90%
CNA Financial7.51%78.16%10.41%1.26%0.13%-0.81%13.67%
Hartford Financial Services1.55%18.79%11.74%2.09%0.19%9.67%13.31%
Aegon5.10%0.00%0.00%1.19%0.00%-3.07%-0.49%
Invesco6.81%-256.65%-34.37%0.55%-0.02%-5.90%3.44%
State Street2.88%47.59%13.84%1.13%0.09%8.20%9.76%
Manulife Financial3.93%54.64%14.25%1.62%0.12%8.76%7.52%
Autoliv2.82%34.98%12.25%3.37%0.26%1.58%2.89%
CNA Financial7.51%78.16%10.41%1.26%0.13%-0.81%13.67%
MetLife2.53%46.15%15.84%1.93%0.13%4.41%7.39%
Erie Indemnity1.18%41.76%35.63%10.23%0.31%7.21%10.35%
Fidelity National Financial3.10%-760.87%-244.45%2.09%-0.01%8.81%10.74%
Goldman Sachs1.92%36.22%16.00%1.61%0.10%27.23%17.75%
Dow6.67%185.20%27.79%1.61%0.06%0.00%0.00%
AGNC Investment14.77%101.04%6.83%0.82%0.13%-7.79%-9.13%
Stepan1.93%73.49%38.77%1.46%0.04%9.71%8.50%