SAFT Safety Insurance Group dividend history, payout ratio & dates
Safety Insurance Group's latest cash dividend of $0.9 per share was issued to shareholders on record before Sep 3, 2024. The dividend distribution stands at $3.6 per share annually, which comes to a dividend yield of 4.46%.
Key dates
- SAFT last dividend date: Sep 3, 2024
SAFT dividend stats
vs. Financial Services sector
Dividend yield
Safety Insurance Group's dividend yield of 4.46% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3%, Safety Insurance Group's dividend yield is 49% higher. Historically SAFT's dividend yield has averaged at 4.5% in the last 5 years, which is similar to the current yield.
Dividend history
Safety Insurance Group has been paying dividends for the last 21 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 up by 21% from a year ago, the dividend yield has decreased by 17%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 3, 2024 | $0.9 | 4.19% |
| Jun 3, 2024 | $0.9 | 4.72% |
| Feb 29, 2024 | $0.9 | 4.38% |
| Nov 30, 2023 | $0.9 | 4.68% |
| Aug 31, 2023 | $0.9 | 5.23% |
| May 31, 2023 | $0.9 | 4.94% |
| Feb 28, 2023 | $0.9 | 4.46% |
| Nov 30, 2022 | $0.9 | 3.92% |
| Aug 31, 2022 | $0.9 | 4% |
| May 31, 2022 | $0.9 | 3.88% |
| Feb 28, 2022 | $0.9 | 4.31% |
| Nov 30, 2021 | $0.9 | 4.66% |
| Aug 31, 2021 | $0.9 | 4.43% |
| May 28, 2021 | $0.9 | 4.23% |
| Mar 4, 2021 | $0.9 | 4.4% |
| Nov 30, 2020 | $0.9 | 5.05% |
| Aug 31, 2020 | $0.9 | 4.97% |
| May 29, 2020 | $0.9 | 4.72% |
| Feb 28, 2020 | $0.9 | 4.45% |
| Nov 29, 2019 | $0.9 | 3.48% |
| Aug 30, 2019 | $0.9 | 3.42% |
| May 31, 2019 | $0.8 | 3.51% |
| Feb 28, 2019 | $0.8 | 3.58% |
| Nov 30, 2018 | $0.8 | 3.64% |
| Aug 31, 2018 | $0.8 | 3.31% |
| May 31, 2018 | $0.8 | 3.72% |
| Feb 28, 2018 | $0.8 | 4.34% |
| Nov 30, 2017 | $0.8 | 3.64% |
| Aug 30, 2017 | $0.8 | 4.1% |
| May 30, 2017 | $0.7 | 4.24% |
| Feb 27, 2017 | $0.7 | 3.91% |
| Nov 29, 2016 | $0.7 | 3.96% |
| Aug 30, 2016 | $0.7 | 4.22% |
| May 27, 2016 | $0.7 | 4.72% |
| Feb 26, 2016 | $0.7 | 5.02% |
| Nov 27, 2015 | $0.7 | 4.98% |
| Aug 28, 2015 | $0.7 | 5.33% |
| May 28, 2015 | $0.7 | 4.95% |
| Feb 26, 2015 | $0.7 | 4.58% |
Safety Insurance Group dividend payout ratio
Payout ratio
Safety Insurance Group's payout ratio of 104.3% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 43.6%, Safety Insurance Group's payout ratio is 139% higher.
Total amount of dividends paid per financial year (from cash flow)
SAFT dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SAFT Safety Insurance Group Inc | 4.46% | $3.6 | 104.3% |
| MCY Mercury General Corp | 2.19% | $1.27 | 22% |
| AIG American International Group Inc | 2.05% | $1.48 | N/A |
| ALL Allstate Corp | 1.98% | $3.65 | 33% |
| PGR Progressive Corp | 0.42% | $1.05 | 9% |
Frequently asked questions
Does Safety Insurance Group pay a dividend?
Yes, Safety Insurance Group has been paying dividends for the last 21 years.
When was SAFT's last dividend?
Safety Insurance Group's last dividend ex-date was on Sep 3, 2024. The dividend amount was $0.9 per share.
How much dividend does Safety Insurance Group pay (per share)?
On an annual basis SAFT pays $3.6 per share.
What is Safety Insurance Group's dividend yield?
The current dividend yield of Safety Insurance Group is 4.46%.
How often does Safety Insurance Group pay dividends?
Safety Insurance Group pays dividends quarterly.
What is Safety Insurance Group's dividend payout ratio?
The dividend payout ratio of Safety Insurance Group is 104.3%.
Does Safety Insurance Group pay a good dividend?
Safety Insurance Group's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.