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SIGI Selective Insurance Group dividend history, payout ratio & dates

Selective Insurance Group's last quarterly dividend was on Nov 14, 2022 (ex-date) with a distribution of $0.3 per share. At an annualized rate of $1.14 per share, the stock yields 1.23%. The latest dividend has grown by $0.02, or 7% from the previous dividend.

Key dates

  • SIGI last dividend date: Nov 14, 2022
  • SIGI next dividend date: Not announced
SIGI dividend stats
DPS
$1.14
Dividend yield
1.23%
Payout ratio
30.2%
vs. Financial Services sector
Dividend yield
2.72%
Payout ratio
31.1%

Dividend yield

What is Selective Insurance Group current dividend yield

Selective Insurance Group's dividend yield of 1.23% is below the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.72%, Selective Insurance Group's dividend yield is 55% lower. The current dividend yield is lower than the historical average of 1.3% of the last 5 years.

Dividend history

What is SIGI dividend payout history and dates

Selective Insurance Group has been paying dividends since 1994. SIGI has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 11% since one year ago. However with the stock price up by 19% from a year ago, the dividend yield marks a decrease of 7%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 14, 2022 Dec 1, 2022 Nov 2, 2022 $0.3 normal
Aug 12, 2022 Sep 1, 2022 Aug 3, 2022 $0.28 normal
May 13, 2022 Jun 1, 2022 $0.28 normal
Feb 14, 2022 Mar 1, 2022 Feb 3, 2022 $0.28 normal
Nov 12, 2021 Dec 1, 2021 Oct 27, 2021 $0.28 normal
Aug 12, 2021 Sep 1, 2021 Jul 28, 2021 $0.25 normal
May 13, 2021 Jun 1, 2021 Apr 28, 2021 $0.25 normal
Feb 11, 2021 Mar 1, 2021 Jan 28, 2021 $0.25 normal
Nov 12, 2020 Dec 1, 2020 Oct 28, 2020 $0.25 normal
Aug 13, 2020 Sep 1, 2020 Jul 29, 2020 $0.23 normal
May 15, 2020 Jun 1, 2020 May 5, 2020 $0.23 normal
Feb 13, 2020 Mar 2, 2020 Jan 30, 2020 $0.23 normal
Nov 14, 2019 Dec 2, 2019 Oct 30, 2019 $0.23 normal
Aug 14, 2019 Sep 3, 2019 Jul 31, 2019 $0.2 normal
May 14, 2019 Jun 3, 2019 May 1, 2019 $0.2 normal
Feb 14, 2019 Mar 1, 2019 Jan 31, 2019 $0.2 normal
Nov 14, 2018 Dec 3, 2018 Oct 25, 2018 $0.2 normal
Aug 14, 2018 Sep 4, 2018 Aug 1, 2018 $0.18 normal
May 14, 2018 Jun 1, 2018 May 2, 2018 $0.18 normal
Feb 14, 2018 Mar 1, 2018 Feb 1, 2018 $0.18 normal
Nov 14, 2017 Dec 1, 2017 Oct 25, 2017 $0.18 normal
Aug 11, 2017 Sep 1, 2017 Jul 26, 2017 $0.16 normal
May 11, 2017 Jun 1, 2017 Apr 26, 2017 $0.16 normal
Feb 13, 2017 Mar 1, 2017 Feb 2, 2017 $0.16 normal
Nov 10, 2016 Dec 1, 2016 Oct 26, 2016 $0.16 normal
Aug 11, 2016 Sep 1, 2016 Jul 27, 2016 $0.15 normal
May 12, 2016 Jun 1, 2016 May 4, 2016 $0.15 normal

Selective Insurance Group dividend payout ratio

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

Payout ratio

Selective Insurance Group's payout ratio of 30.2% is above the industry average but below the Financial Services sector and its peers average. But in comparison with its Financial Services sector average of 31.1%, Selective Insurance Group's payout ratio is only 2.9% lower.

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

SIGI dividend vs peer dividends

How does SIGI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CINF Cincinnati Financial Corp 2.62% $2.76 N/A
THG Hanover Insurance Group Inc 2.3% $3.06 37.4%
HIG Hartford Financial Services Group Inc 2.06% $1.58 27.3%
TRV Travelers Companies Inc 1.94% $3.67 26.6%
ERIE Erie Indemnity Co 1.86% $4.52 73%
SIGI Selective Insurance Group Inc 1.23% $1.14 30.2%
WRB Berkley W R Corp 0.56% $0.39 8.3%

Frequently asked questions

Does Selective Insurance Group pay a dividend?

Yes, Selective Insurance Group has been paying dividends for the last 28 years.

When is Selective Insurance Group's next dividend?

Currently SIGI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2023.

When was SIGI's last dividend?

Selective Insurance Group's last dividend ex-date was on Nov 14, 2022. The dividend amount was $0.3 per share.

How much dividend does Selective Insurance Group pay (per share)?

SIGI's annualized dividend per share is $1.14.

What is Selective Insurance Group's dividend yield?

Selective Insurance Group's current dividend yield is 1.23%.

How often does Selective Insurance Group pay dividends?

Selective Insurance Group pays four dividends per year.

What is Selective Insurance Group's dividend payout ratio?

The dividend payout ratio of Selective Insurance Group is 30.2%.

Does Selective Insurance Group pay a good dividend?

Selective Insurance Group's dividend yield is lower than the Financial Services sector average.