BREAKING NEWS: Guardian Life Announces 2017 Dividend

Insurance NewsThe Guardian Life Insurance Company of American has announced its plans to pay $847 million in dividends to its participating policy holders. This represents the highest gross dividend payout in the company's history and a gross increase from last year of1.3% or $10 million.

Dividend Scale for 2016

The dividend scale (or dividend interest rate) will decline from 6.05% to 5.85%.  Guardian does have a unique quirk to dividends that alters the dividend for currently in force policies that could ultimately mean policyholders receive a slightly higher dividend than the current scale would pay them.  Prospective policyholders, however, will receive dividends based on the new scale.

You can read the press release from Guardian here.

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