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Yahoo
15 hours ago
- Business
- Yahoo
Why Equitable Holdings, Inc. (EQH) is a Great Dividend Stock Right Now
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Equitable Holdings, Inc. (EQH) is headquartered in New York, and is in the Finance sector. The stock has seen a price change of 12.08% since the start of the year. The company is currently shelling out a dividend of $0.27 per share, with a dividend yield of 2.04%. This compares to the Insurance - Multi line industry's yield of 1.84% and the S&P 500's yield of 1.59%. Looking at dividend growth, the company's current annualized dividend of $1.08 is up 14.9% from last year. Over the last 5 years, Equitable Holdings, Inc. has increased its dividend 5 times on a year-over-year basis for an average annual increase of 8.95%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Right now, Equitable Holdings's payout ratio is 16%, which means it paid out 16% of its trailing 12-month EPS as dividend. EQH is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2025 is $6.55 per share, representing a year-over-year earnings growth rate of 10.46%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. It's important to keep in mind that not all companies provide a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, EQH is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of 3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equitable Holdings, Inc. (EQH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
2 days ago
- Business
- Yahoo
AM Best Affirms Credit Ratings of PT Asuransi Astra Buana
SINGAPORE, June 18, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating of "a-" (Excellent) and the Indonesia National Scale Rating (NSR) of (Exceptional) of PT Asuransi Astra Buana (Asuransi Astra) (Indonesia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Asuransi Astra's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. The ratings also factor in a neutral impact from Asuransi Astra's ultimate parent, Jardine Matheson Holdings Limited (Bermuda). Asuransi Astra's balance sheet strength is underpinned by its risk-adjusted capitalisation, which was at the strongest level as of year-end 31 December 2024, as measured by Best's Capital Adequacy Ratio (BCAR), and is expected to remain at this level over the medium term. The company's capital adequacy is supported by its consistently robust internal capital generation and low net underwriting leverage. AM Best views Asuransi Astra's investment portfolio to be of moderate risk, with a majority of investments allocated to bonds and mutual funds, comprising mainly domestically rated bond funds. An offsetting balance sheet strength factor is the company's elevated counterparty credit risk due to its exposure to domestic reinsurance companies not rated on an international FSR scale. AM Best also views Asuransi Astra's operating performance as strong, demonstrated by its five-year average combined ratio of 87.9% and return-on-equity ratio of 17.4% (2020-2024). Underwriting performance remained favourable in 2024, with the company reporting a combined ratio of 87.2%, supported by profitable business from its parent group, PT Astra International Tbk (Astra group). Investment returns remain a stable contributor to the company's overall earnings. Prospectively, AM Best expects Asuransi Astra to continue delivering a strong operating performance, supported by favourable underwriting performance and robust investment income. AM Best assesses Asuransi Astra's business profile as neutral. Asuransi Astra is a large insurance organisation in Indonesia, ranking second in the country's general insurance market based on 2024 gross premiums written. Asuransi Astra benefits from being a subsidiary of the Astra group, having preferential access to business from it, especially in the motor line of business. The company's portfolio is viewed to be diversified by line of business with key lines being motor, personal accident and health, and fire insurance, although with geographic concentration in Indonesia. Asuransi Astra has moderate distribution channel concentration to a financial leasing company, mainly in respect of its motor insurance business. Notwithstanding, distribution channels are viewed to be broadly diversified for the non-motor insurance business. Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Ong Xin Ya Associate Financial Analyst +65 6303 5024 Victoria Ohorodnyk Director, Analytics +65 6303 5020 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
AM Best Affirms Credit Ratings of AmTrust Assicurazioni S.p.A.
AMSTERDAM, June 18, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of AmTrust Assicurazioni S.p.A. (AmTrust Assicurazioni) (Italy). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AmTrust Assicurazioni's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also consider, in the form of rating lift, AM Best's expectation that the AmTrust group will provide financial support to the company, if needed. In addition, the group provides reinsurance support to AmTrust Assicurazioni. AmTrust Assicurazioni's risk-adjusted capitalisation, as measured by Best's Capital Adequacy Ratio (BCAR), is assessed at the strongest level. The balance sheet strength assessment also reflects the company's liquid and diversified investment portfolio, which is of high credit quality. An offsetting factor is AmTrust Assicurazioni's high level of reinsurance dependence. However, the risks associated with this reinsurance dependence are mitigated partially by the excellent credit quality of its reinsurance panel and the collateral held against unrated reinsurance recoverables. In 2024, AmTrust Assicurazioni reported a profit before tax of EUR 38.6 million, driven by both technical and investment performance. The company's favourable claims experience and stable expense burden contributed to its record-high underwriting profit of EUR 26.1 million, which was supplemented by robust investment performance, primarily in the form of unrealised gains on fixed income securities. Prospectively, AM Best expects the company's performance to be commensurate with an adequate assessment, with earnings supported by a modest level of underwriting profitability and good investment returns. AmTrust Assicurazioni primarily underwrites medical professional liability insurance (MPLI) business in Italy. Gross written premium amounted to EUR 287 million in 2024. The company has a strong market position in Italy's MPLI market, where it leverages its specialist expertise and has a market share of approximately 40%. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Andrea Porta Financial Analyst +31 20 808 1700 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Jose Berenguer Associate Director, Analytics +31 20 808 2276 Al Slavin Senior Public Relations Specialist +1 908 882 2318
Yahoo
4 days ago
- Business
- Yahoo
AM Best Withdraws Credit Ratings of Transmonde Services Insurance Company Limited
OLDWICK, N.J., June 16, 2025--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of Transmonde Services Insurance Company Limited (Transmonde) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best's interactive rating process. The ratings reflect Transmonde's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. Partially offsetting these rating factors are Transmonde's high retentions and concentration in liability lines with significant loss severity potential, although the company has experienced historically favorable loss experience. Additional offsetting factors include the company's limited market profile as a single-parent captive that derives all its business from its parent company, SGS SA (SGS) [SWX: SGSN], a publicly traded Swiss company. Transmonde provides professional, property, cyber, general and pollution liability coverages to SGS' subsidiaries. Transmonde has maintained very conservative underwriting leverage ratios, as surplus has remained strong to support its business volumes. Historically, surplus growth is the result of retained earnings from highly profitable operating results driven by excellent underwriting performance. Transmonde has a history of conservatively distributing excess capital back to SGS. The company has posted low loss and loss adjustment ratios, which reflect SGS' robust and effective risk management. Its relatively high per-occurrence retentions are mitigated by significant deductibles and conservative reserving practices. AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best's Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Antonieta Iachetta Associate Director +1 908 882 1901 Steven M. Chirico, CPA Director +1 908 882 1694 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 days ago
- Business
- Yahoo
AM Best Affirms Credit Rating of FCCI Insurance Company
SARASOTA, Fla., June 16, 2025 /PRNewswire/ -- AM Best has affirmed the Financial Strength Rating of A (Excellent) for FCCI Insurance Company and its subsidiary insurers1 of FCCI Insurance Group (FCCI). The outlook assigned to this Credit Rating is stable. The affirmation on June 10, 2025, reflects FCCI's strong balance sheet, operating performance, and appropriate enterprise risk management. "We are pleased that AM Best continues to recognize our financial strength and commitment to long-term stability," said Cina Welch, President & CEO of FCCI Insurance Group. "This rating reinforces our ability to deliver on the promises we make to our policyholders, agents, and partners." 1 FCCI Insurance Group includes insurer subsidiaries Brierfield Insurance Company, FCCI Specialty Insurance Company, Monroe Guaranty Insurance Company, and National Trust Insurance Company. As part of a planned wind down, FCCI Commercial Insurance Company and FCCI Advantage Insurance Company surrendered their Florida certificates of authority and are no longer part of the AM Best rating process. Their business was fully absorbed within FCCI Insurance Group's other admitted carriers years ago, with no disruption to our agency partners, claimants, and policyholders. About AM BestAM Best is a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City. For more information, please visit About FCCI FCCI Insurance Group (FCCI) provides commercial property and casualty insurance, risk control services, and surety bonds. FCCI writes business exclusively through more than 3,800 independent agents in 20 states, plus Washington, D.C. Coverages include auto, crime, cyber liability, equipment, excess & surplus, property, general liability, inland marine, umbrella, and workers' compensation. Contract and commercial surety bonds are written in 45 states. FCCI insures over 12,000 policyholders across various industries, including agribusiness, construction, manufacturing, medical and professional, restaurants and hospitality, retail, service and repair, and wholesale and distribution. FCCI has $3.3 billion in assets, $1.2 billion in direct written premium, and is rated A (Excellent) by A.M. Best Company. FCCI has regional and branch offices in Florida, Georgia, Indiana, Mississippi, Texas, and Virgina. For more information, please visit View original content to download multimedia: SOURCE FCCI Insurance Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
