Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
In a market that continues to challenge insurers, Reinsurance Group (NYSE:RGA) of America Preferred Series B (RZB) stock has reached a 52-week low, dipping to $24.11. Despite market headwinds, InvestingPro data shows the company maintains strong fundamentals with a "Good" financial health score and impressive 19% revenue growth over the last twelve months. This latest price movement underscores a period of volatility for the company, reflecting broader industry trends and investor sentiment. The stock offers an attractive 5.82% dividend yield, supported by 15 consecutive years of dividend raises and 33 years of consistent payments. Over the past year, RZB has experienced a slight decline, with a 1-year change showing a decrease of 0.36%. This marginal downward trend highlights the cautious approach of investors as they navigate the complex landscape of the reinsurance sector, balancing risk management with the search for stable returns. For deeper insights into RZB’s valuation and 8 additional exclusive ProTips, visit InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.