Jackson Financial Inc. (JXN) To Go Ex-Dividend on September 15th

Jackson Financial Inc. (NYSE:JXN) declared a quarterly dividend on Monday, August 3rd. Investors of record on Tuesday, September 15th will be paid a dividend of 0.90 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Tuesday, September 15th.

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

Jackson Financial Price Performance

Shares of JXN opened at $138.33 on Friday. The stock has a market cap of $9.37 billion, a PE ratio of 194.84 and a beta of 1.30. 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 has a fifty-two week low of $89.67 and a fifty-two week high of $140.90. The firm’s 50-day simple moving average is $128.12 and its two-hundred day simple moving average is $114.88.

Jackson Financial (NYSE:JXN) last released its earnings results on Monday, August 3rd. The company reported $7.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.72 by $1.58. The firm had revenue of $2 billion during the quarter, compared to analyst estimates of $1.91 billion. Jackson Financial had a net margin of 1.59% and a return on equity of 18.93%.

Jackson Financial Company Profile

Jackson Financial Inc (NYSE:JXN) is a U.S.-based financial services company focused on providing retirement income solutions. Through its insurance subsidiaries, the company primarily develops and distributes annuity products designed to help individuals accumulate retirement savings and generate income during retirement.

Jackson’s product portfolio includes variable annuities, fixed annuities and registered index-linked annuities. Its offerings are distributed through financial professionals and other intermediary channels, serving individuals and institutions seeking tax-deferred retirement accumulation, income planning and related financial solutions.

Headquartered in Lansing, Michigan, Jackson primarily serves customers in the United States through Jackson National Life Insurance Company and related entities, including Jackson National Life Insurance Company of New York.