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SAFT Safety Insurance Group dividend history, payout ratio & dates

Safety Insurance Group's latest quarterly cash dividend of $0.9 per share was issued to shareholders on record before Aug 31, 2022. The dividend distribution stands at $3.6 per share annually, which comes to a dividend yield of 4.41%.

Key dates

  • SAFT last dividend date: Aug 31, 2022
  • SAFT next dividend date: Not announced
SAFT dividend stats
DPS
$3.6
Dividend yield
4.41%
Payout ratio
72.9%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Safety Insurance Group current dividend yield

Safety Insurance Group's dividend yield of 4.41% is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.95%, Safety Insurance Group's dividend yield is 49% higher. Historically SAFT's dividend yield has averaged at 4.1% in the last 5 years, which is lower than the current yield.

Dividend history

What is SAFT dividend payout history and dates

Safety Insurance Group has been paying dividends for the last 19 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 1.8% from a year ago, the dividend yield has decreased by 1.9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 dividend payout ratio

What is Safety Insurance Group dividend payout ratio compared to the sector

Payout ratio

Safety Insurance Group's payout ratio of 72.9% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.2%, Safety Insurance Group's payout ratio is 141% higher.

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

SAFT dividend vs peer dividends

How does SAFT dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MCY Mercury General Corp 7.82% $2.22 N/A
SAFT Safety Insurance Group Inc 4.41% $3.6 72.9%
AIG American International Group Inc 2.7% $1.28 8.3%
ALL Allstate Corp 2.7% $3.36 115.9%

Frequently asked questions

Does Safety Insurance Group pay a dividend?

Yes, Safety Insurance Group has been paying dividends for the last 19 years.

When is Safety Insurance Group's next dividend?

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 November 2022.

When was SAFT's last dividend?

Safety Insurance Group's last dividend ex-date was on Aug 31, 2022. 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 4.41%.

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 72.9%.

Does Safety Insurance Group pay a good dividend?

Safety Insurance Group's dividend yield is higher than the Financial Services sector average.