United Fire Group's last quarterly dividend of $0.16 per share was on Nov 30, 2023 (ex-date). The annualized dividend payment of $0.64 per share represents a current dividend yield of 2.98%.
United Fire Group's dividend yield of 2.98% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 3.38%, United Fire Group's dividend yield is 12% lower. The current dividend yield is similar to the historical average of 3.0% of the last 5 years.
United Fire Group has a history of paying dividends since 1994. Our records of UFCS show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.6% since one year ago. And with the stock price down by 25% from a year ago, the dividend yield has grown by 36%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 30, 2023 | Dec 15, 2023 | Nov 17, 2023 | $0.16 | normal |
| Aug 31, 2023 | Sep 15, 2023 | Aug 18, 2023 | $0.16 | normal |
| Jun 1, 2023 | Jun 16, 2023 | May 17, 2023 | $0.16 | normal |
| Mar 9, 2023 | Mar 24, 2023 | Feb 24, 2023 | $0.16 | normal |
| Dec 1, 2022 | Dec 16, 2022 | Nov 18, 2022 | $0.16 | normal |
| Sep 1, 2022 | Sep 16, 2022 | Aug 19, 2022 | $0.16 | normal |
| Jun 2, 2022 | Jun 17, 2022 | May 18, 2022 | $0.16 | normal |
| Mar 3, 2022 | Mar 18, 2022 | Feb 18, 2022 | $0.15 | normal |
| Dec 2, 2021 | Dec 17, 2021 | Nov 19, 2021 | $0.15 | normal |
| Sep 2, 2021 | Sep 17, 2021 | Aug 20, 2021 | $0.15 | normal |
| Jun 3, 2021 | Jun 18, 2021 | May 19, 2021 | $0.15 | normal |
| Mar 4, 2021 | Mar 19, 2021 | Feb 19, 2021 | $0.15 | normal |
| Dec 3, 2020 | Dec 18, 2020 | Nov 20, 2020 | $0.15 | normal |
| Sep 3, 2020 | Sep 18, 2020 | Aug 21, 2020 | $0.33 | normal |
| Jun 4, 2020 | Jun 19, 2020 | May 20, 2020 | $0.33 | normal |
| Mar 5, 2020 | Mar 20, 2020 | Feb 21, 2020 | $0.33 | normal |
| Nov 27, 2019 | Dec 13, 2019 | Nov 15, 2019 | $0.33 | normal |
| Aug 29, 2019 | Sep 13, 2019 | Aug 16, 2019 | $0.33 | normal |
| May 30, 2019 | Jun 14, 2019 | May 15, 2019 | $0.33 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Feb 15, 2019 | $0.31 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 16, 2018 | $0.31 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Aug 17, 2018 | $0.31 | normal |
| Aug 2, 2018 | Aug 20, 2018 | Jul 23, 2018 | $3 | special |
| May 31, 2018 | Jun 15, 2018 | May 16, 2018 | $0.31 | normal |
| Mar 6, 2018 | Mar 22, 2018 | Feb 23, 2018 | $0.28 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 17, 2017 | $0.28 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 18, 2017 | $0.28 | normal |
| May 30, 2017 | Jun 15, 2017 | May 17, 2017 | $0.28 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Feb 17, 2017 | $0.25 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 18, 2016 | $0.25 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 19, 2016 | $0.25 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CNA Cna Financial Corp | 6.81% | $2.88 | 72% |
| UFCS United Fire Group Inc | 3.04% | $0.64 | N/A |
| CINF Cincinnati Financial Corp | 2.89% | $2.94 | 27.9% |
| THG Hanover Insurance Group Inc | 2.56% | $3.24 | N/A |
| AFG American Financial Group Inc | 2.25% | $2.6 | 25.5% |
| TRV Travelers Companies Inc | 2.11% | $3.86 | 41.3% |
| CB Chubb Ltd | 1.51% | $3.38 | 19.7% |
| RLI Rli Corp | 1.49% | $2 | 31.6% |
| L Loews Corp | 0.36% | $0.25 | 4.3% |
| WTM White Mountains Insurance Group Ltd | 0.07% | $1 | 0.9% |
Yes, United Fire Group has been paying dividends for the last 29 years.
UFCS hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in February 2024.
United Fire Group's last regular dividend was on Nov 30, 2023 (ex-date) with the amount of $0.16 per share.
UFCS's annualized dividend per share is $0.64.
The current dividend yield of United Fire Group is 2.98%.
United Fire Group pays four dividends per year.
United Fire Group's dividend yield is below the Financial Services sector average.