Essent Group's last quarterly dividend of $0.28 per share was on Mar 12, 2024 (ex-date). The annualized dividend payment of $1.03 per share represents a current dividend yield of 1.97%. The latest ESNT payout of $0.28 marks a dividend growth of 12%.
ESNT has a dividend yield of 1.97% which is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.56%, Essent Group's dividend yield is 45% lower. The current dividend yield is above the historical average of 1.8% of the last 5 years.
Essent Group has a history of paying dividends since 2019. Our records of ESNT show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 13% since one year ago. But with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 12, 2024 | Mar 22, 2024 | Feb 9, 2024 | $0.28 | normal |
| Nov 30, 2023 | Dec 11, 2023 | Nov 2, 2023 | $0.25 | normal |
| Aug 31, 2023 | Sep 11, 2023 | Aug 4, 2023 | $0.25 | normal |
| May 31, 2023 | Jun 12, 2023 | May 5, 2023 | $0.25 | normal |
| Mar 9, 2023 | Mar 20, 2023 | Feb 10, 2023 | $0.25 | normal |
| Nov 30, 2022 | Dec 12, 2022 | Nov 4, 2022 | $0.23 | normal |
| Aug 31, 2022 | Sep 12, 2022 | Aug 5, 2022 | $0.22 | normal |
| May 31, 2022 | Jun 10, 2022 | May 6, 2022 | $0.21 | normal |
| Mar 9, 2022 | Mar 21, 2022 | $0.2 | normal | |
| Nov 30, 2021 | Dec 10, 2021 | Nov 5, 2021 | $0.19 | normal |
| Aug 31, 2021 | Sep 10, 2021 | Aug 6, 2021 | $0.18 | normal |
| May 28, 2021 | Jun 10, 2021 | May 7, 2021 | $0.17 | normal |
| Mar 9, 2021 | Mar 19, 2021 | Feb 19, 2021 | $0.16 | normal |
| Nov 30, 2020 | Dec 10, 2020 | Nov 6, 2020 | $0.16 | normal |
| Aug 28, 2020 | Sep 10, 2020 | Aug 7, 2020 | $0.16 | normal |
| Jun 1, 2020 | Jun 12, 2020 | May 8, 2020 | $0.16 | normal |
| Mar 9, 2020 | Mar 20, 2020 | Feb 14, 2020 | $0.16 | normal |
| Dec 3, 2019 | Dec 16, 2019 | Nov 8, 2019 | $0.15 | normal |
| Sep 3, 2019 | Sep 16, 2019 | Aug 2, 2019 | $0.15 | normal |
ESNT has a payout ratio of 15.7% which is higher than its peers average but lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 39.4%, Essent Group's payout ratio is 60% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RDN Radian Group Inc | 3.14% | $0.92 | 24.1% |
| MTG Mgic Investment Corp | 2.27% | $0.45 | 17.7% |
| ESNT Essent Group Ltd | 1.96% | $1.03 | 15.7% |
| AGO Assured Guaranty Ltd | 1.51% | $1.15 | 9.2% |
| RNR Renaissancere Holdings Ltd | 0.69% | $1.53 | 2.9% |
Yes, Essent Group has paid four dividends in the last 12 months. ESNT has been paying dividends since 2019.
Currently ESNT's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in June 2024.
Essent Group's last dividend ex-date was on Mar 12, 2024. The dividend amount was $0.28 per share.
ESNT has paid dividend of $1.03 per share in the last year.
Essent Group's current dividend yield is 1.97%.
Essent Group pays four dividends per year.
Essent Group's dividend payout ratio is 15.7%.
Essent Group's dividend yield is below the Financial Services sector average.