Safety Insurance Group's latest quarterly cash dividend of $0.9 per share was issued to shareholders on record before Nov 30, 2023. The dividend distribution stands at $3.6 per share annually, which comes to a dividend yield of 4.68%.
Safety Insurance Group's dividend yield of 4.68% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.51%, Safety Insurance Group's dividend yield is 33% higher. Historically SAFT's dividend yield has averaged at 4.3% in the last 5 years, which is lower than the current yield.
Safety Insurance Group has been paying dividends for the last 20 years. Our records show that SAFT has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the price of the stock down by 16% from a year ago, the dividend yield has increased by 19%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 30, 2023 | Dec 15, 2023 | Nov 1, 2023 | $0.9 | normal |
Aug 31, 2023 | Sep 15, 2023 | Aug 2, 2023 | $0.9 | normal |
May 31, 2023 | Jun 15, 2023 | May 3, 2023 | $0.9 | normal |
Feb 28, 2023 | Mar 15, 2023 | Feb 16, 2023 | $0.9 | normal |
Nov 30, 2022 | Dec 15, 2022 | Nov 2, 2022 | $0.9 | normal |
Aug 31, 2022 | Sep 15, 2022 | Aug 3, 2022 | $0.9 | normal |
May 31, 2022 | Jun 15, 2022 | May 4, 2022 | $0.9 | normal |
Feb 28, 2022 | Mar 15, 2022 | Feb 15, 2022 | $0.9 | normal |
Nov 30, 2021 | Dec 15, 2021 | Nov 3, 2021 | $0.9 | normal |
Aug 31, 2021 | Sep 15, 2021 | Aug 4, 2021 | $0.9 | normal |
May 28, 2021 | Jun 15, 2021 | May 5, 2021 | $0.9 | normal |
Mar 4, 2021 | Mar 15, 2021 | Feb 16, 2021 | $0.9 | normal |
Nov 30, 2020 | Dec 15, 2020 | Nov 4, 2020 | $0.9 | normal |
Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.9 | normal |
May 29, 2020 | Jun 15, 2020 | May 6, 2020 | $0.9 | normal |
Feb 28, 2020 | Mar 16, 2020 | Feb 14, 2020 | $0.9 | normal |
Nov 29, 2019 | Dec 13, 2019 | Oct 30, 2019 | $0.9 | normal |
Aug 30, 2019 | Sep 13, 2019 | Jul 31, 2019 | $0.9 | normal |
May 31, 2019 | Jun 14, 2019 | May 1, 2019 | $0.8 | normal |
Feb 28, 2019 | Mar 15, 2019 | Feb 15, 2019 | $0.8 | normal |
Nov 30, 2018 | Dec 14, 2018 | Oct 31, 2018 | $0.8 | normal |
Aug 31, 2018 | Sep 14, 2018 | Aug 1, 2018 | $0.8 | normal |
May 31, 2018 | Jun 15, 2018 | May 2, 2018 | $0.8 | normal |
Feb 28, 2018 | Mar 15, 2018 | Feb 15, 2018 | $0.8 | normal |
Nov 30, 2017 | Dec 15, 2017 | Nov 1, 2017 | $0.8 | normal |
Aug 30, 2017 | Sep 15, 2017 | Aug 2, 2017 | $0.8 | normal |
May 30, 2017 | Jun 15, 2017 | May 3, 2017 | $0.7 | normal |
Feb 27, 2017 | Mar 15, 2017 | Feb 15, 2017 | $0.7 | normal |
Nov 29, 2016 | Dec 15, 2016 | Nov 1, 2016 | $0.7 | normal |
Aug 30, 2016 | Sep 15, 2016 | Aug 3, 2016 | $0.7 | normal |
Safety Insurance Group's payout ratio of 169.8% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 36.5%, Safety Insurance Group's payout ratio is 365% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SAFT Safety Insurance Group Inc | 4.65% | $3.6 | 169.8% |
MCY Mercury General Corp | 3.26% | $1.27 | N/A |
ALL Allstate Corp | 2.59% | $3.56 | N/A |
AIG American International Group Inc | 2.06% | $1.36 | 25% |
Yes, Safety Insurance Group has been paying dividends for the last 20 years.
At this point we don't have a record of SAFT's next dividend date, but based on the current dividend schedule we project that it will likely be in February 2024.
Safety Insurance Group's last dividend ex-date was on Nov 30, 2023. The dividend amount was $0.9 per share.
On an annual basis SAFT pays $3.6 per share.
The current dividend yield of Safety Insurance Group is 4.68%.
Safety Insurance Group pays dividends quarterly.
The dividend payout ratio of Safety Insurance Group is 169.8%.
Safety Insurance Group's dividend yield is higher than the Financial Services sector average.