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.
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.
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%.
| 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'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.
| 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% |
Yes, Selective Insurance Group has been paying dividends for the last 28 years.
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.
Selective Insurance Group's last dividend ex-date was on Nov 14, 2022. The dividend amount was $0.3 per share.
SIGI's annualized dividend per share is $1.14.
Selective Insurance Group's current dividend yield is 1.23%.
Selective Insurance Group pays four dividends per year.
The dividend payout ratio of Selective Insurance Group is 30.2%.
Selective Insurance Group's dividend yield is lower than the Financial Services sector average.