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DGICA Donegal Group dividend history, payout ratio & dates

Donegal Group's latest quarterly dividend of $0.173 per share was on May 7, 2024 (ex-date). At an annualized rate of $0.68 per share, the stock yields 5.12%. The latest DGICA payment of $0.173 marks a dividend growth of 1.5%.

Key dates

  • DGICA last dividend date: May 7, 2024
  • DGICA next dividend date: Not announced
DGICA dividend stats
DPS
$0.68
Dividend yield
5.12%
Payout ratio
426.9%
vs. Financial Services sector
Dividend yield
3.3%
Payout ratio
40.8%

Dividend yield

What is Donegal Group current dividend yield

DGICA has a dividend yield of 5.12% which is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.3%, Donegal Group's dividend yield is 55% higher. The historical 5-year average of DGICA's dividend yield is 4.4%, which is below the current yield.

Dividend history

What is DGICA dividend payout history and dates

Donegal Group has a history of paying dividends since 2003. Our records of DGICA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 2.7% since twelve months ago. And with the price of the stock down by 9% from a year ago, the dividend yield has an increase of 13%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 7, 2024 May 22, 2024 Apr 18, 2024 $0.173 normal
Jan 31, 2024 Feb 15, 2024 Dec 21, 2023 $0.17 normal
Oct 31, 2023 Nov 15, 2023 Oct 19, 2023 $0.17 normal
Jul 31, 2023 Aug 15, 2023 Jul 20, 2023 $0.17 normal
Apr 28, 2023 May 15, 2023 Apr 20, 2023 $0.17 normal
Jan 31, 2023 Feb 15, 2023 Dec 15, 2022 $0.165 normal
Oct 31, 2022 Nov 15, 2022 Oct 20, 2022 $0.165 normal
Jul 29, 2022 Aug 15, 2022 Jul 21, 2022 $0.165 normal
Apr 29, 2022 May 16, 2022 Apr 21, 2022 $0.165 normal
Jan 31, 2022 Feb 15, 2022 Dec 16, 2021 $0.16 normal
Oct 29, 2021 Nov 15, 2021 Oct 21, 2021 $0.16 normal
Jul 30, 2021 Aug 16, 2021 Jul 15, 2021 $0.16 normal
Apr 30, 2021 May 17, 2021 Apr 15, 2021 $0.16 normal
Feb 1, 2021 Feb 16, 2021 Dec 17, 2020 $0.15 normal
Oct 30, 2020 Nov 16, 2020 Oct 15, 2020 $0.15 normal
Jul 31, 2020 Aug 17, 2020 Jul 16, 2020 $0.15 normal
Apr 30, 2020 May 15, 2020 Apr 15, 2020 $0.15 normal
Jan 31, 2020 Feb 18, 2020 Dec 19, 2019 $0.145 normal
Oct 31, 2019 Nov 15, 2019 Oct 17, 2019 $0.145 normal
Jul 31, 2019 Aug 15, 2019 Jul 18, 2019 $0.145 normal
Apr 30, 2019 May 15, 2019 Apr 18, 2019 $0.145 normal
Jan 31, 2019 Feb 15, 2019 Dec 20, 2018 $0.143 normal
Oct 31, 2018 Nov 15, 2018 Oct 18, 2018 $0.143 normal
Jul 31, 2018 Aug 15, 2018 Jul 19, 2018 $0.143 normal
Apr 30, 2018 May 15, 2018 Apr 19, 2018 $0.143 normal
Jan 31, 2018 Feb 15, 2018 Dec 21, 2017 $0.14 normal
Oct 31, 2017 Nov 15, 2017 Oct 19, 2017 $0.14 normal
Jul 28, 2017 Aug 15, 2017 Jul 20, 2017 $0.14 normal
Apr 27, 2017 May 15, 2017 Apr 20, 2017 $0.14 normal
Jan 30, 2017 Feb 15, 2017 Dec 15, 2016 $0.138 normal
Oct 28, 2016 Nov 15, 2016 Oct 20, 2016 $0.138 normal
Jul 28, 2016 Aug 15, 2016 Jul 21, 2016 $0.138 normal
Apr 28, 2016 May 16, 2016 Apr 21, 2016 $0.138 normal

Donegal Group dividend payout ratio

What is Donegal Group dividend payout ratio compared to the sector

Payout ratio

DGICA has a payout ratio of 426.9% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 40.8%, Donegal Group's payout ratio is 946% higher.

Total amount of dividends paid per financial year (from cash flow)

DGICA dividend vs peer dividends

How does DGICA dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
DGICA Donegal Group Inc 5.12% $0.68 426.9%
UFCS United Fire Group Inc 2.72% $0.64 N/A
CINF Cincinnati Financial Corp 2.55% $3.06 20.2%
RLI Rli Corp 2.07% $3.08 42.1%
TRV Travelers Companies Inc 1.82% $4 29.4%
CB Chubb Ltd 1.25% $3.44 15.2%
ERIE Erie Indemnity Co 1.24% $4.93 47.4%
WRB Berkley W R Corp 0.55% $0.44 7.7%

Frequently asked questions

Does Donegal Group pay a dividend?

Yes, Donegal Group has been paying dividends for the last 21 years.

When is Donegal Group's next dividend?

DGICA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2024.

When was DGICA's last dividend?

Donegal Group's last regular dividend was on May 7, 2024 (ex-date) with the amount of $0.173 per share.

How much dividend does Donegal Group pay (per share)?

On an annual basis DGICA pays $0.68 per share.

What is Donegal Group's dividend yield?

Currently Donegal Group's dividend yield is 5.12%.

How often does Donegal Group pay dividends?

Donegal Group has a quarterly dividend frequency.

What is Donegal Group's dividend payout ratio?

The dividend payout ratio of Donegal Group is 426.9%.

Does Donegal Group pay a good dividend?

Donegal Group's dividend yield is above the Financial Services sector average.