United Fire Group's last quarterly dividend of $0.16 per share was on Dec 1, 2022 (ex-date). The annualized dividend payment of $0.63 per share represents a current dividend yield of 1.96%.
United Fire Group's dividend yield of 1.96% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.61%, United Fire Group's dividend yield is 25% lower. The current dividend yield is below the historical average of 2.9% 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 5% since one year ago. But with the stock price up by 35% from a year ago, the dividend yield marks a decrease of 22%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
United Fire Group's payout ratio of 30% is above the industry and its peers average but below the Financial Services sector average. But compared to its Financial Services sector average of 31.2%, United Fire Group's payout ratio is only 3.8% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CNA Cna Financial Corp | 3.62% | $1.6 | 48.6% |
| CINF Cincinnati Financial Corp | 2.16% | $2.76 | N/A |
| THG Hanover Insurance Group Inc | 2.06% | $3.06 | 37.4% |
| UFCS United Fire Group Inc | 1.96% | $0.63 | 30% |
| TRV Travelers Companies Inc | 1.94% | $3.67 | 26.6% |
| AFG American Financial Group Inc | 1.72% | $2.38 | 20.7% |
| CB Chubb Ltd | 1.53% | $3.29 | 22.8% |
| RLI Rli Corp | 0.76% | $1.03 | 8% |
| L Loews Corp | 0.4% | $0.25 | 6.3% |
| WTM White Mountains Insurance Group Ltd | 0.07% | $1 | 0.4% |
Yes, United Fire Group has been paying dividends for the last 28 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 March 2023.
United Fire Group's last regular dividend was on Dec 1, 2022 (ex-date) with the amount of $0.16 per share.
UFCS's annualized dividend per share is $0.63.
The current dividend yield of United Fire Group is 1.96%.
United Fire Group pays four dividends per year.
The dividend payout ratio of United Fire Group is 30%.
United Fire Group's dividend yield is below the Financial Services sector average.