We recently compiled a list of the 10 Best Long-Term Investments for Kids. Assurant, Inc. is placed fifth on our list among the best long-term investments.
TheFly reported on December 29 that Piper Sandler analyst John Barnidge maintained an Overweight rating on AIZ and raised the price target to $264 from $252.
The price target update follows Assurant, Inc. (NYSE:AIZ)’s announcement of a 10% increase in its quarterly dividend to $0.88 per share, marking the company’s 21st consecutive year of dividend increases. In addition, AIZ continues to return capital to shareholders through a newly authorized $700 million share repurchase program announced in late 2024. Analysts view the company’s consistent capital return policies and strategic financial initiatives as supportive of its valuation.
Assurant, Inc. is a Fortune 500 global specialty risk management and insurance company headquartered in Atlanta, Georgia. It provides a wide range of insurance and protection solutions designed to help businesses and consumers manage financial risk associated with homes, connected devices, vehicles, and other lifestyle assets.
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