Mercury General's most recent quarterly dividend payment of $0.318 per share was made to shareholders on record before Mar 14, 2023. The payout stands at $1.59 per share annually, which works out to a dividend yield of 5.35%.
MCY has a dividend yield of 5.35% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.86%, Mercury General's dividend yield is 39% higher. Historically MCY's dividend yield has averaged at 5.1% in the last 5 years, which is in line with the current one.
Mercury General has been paying dividends for the last 29 years. According to our data MCY has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 37% for the last year. However since the stock price has gone down by 39% from a year ago, the dividend yield has increased by 2.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 14, 2023 | Mar 29, 2023 | Feb 14, 2023 | $0.318 | normal |
| Dec 14, 2022 | Dec 29, 2022 | Nov 1, 2022 | $0.318 | normal |
| Sep 14, 2022 | Sep 29, 2022 | Jul 1, 2022 | $0.318 | normal |
| Jun 15, 2022 | Jun 30, 2022 | May 3, 2022 | $0.635 | normal |
| Mar 15, 2022 | Mar 30, 2022 | Feb 15, 2022 | $0.635 | normal |
| Dec 15, 2021 | Dec 30, 2021 | Nov 2, 2021 | $0.635 | normal |
| Sep 15, 2021 | Sep 30, 2021 | Aug 3, 2021 | $0.633 | normal |
| Jun 15, 2021 | Jun 30, 2021 | May 4, 2021 | $0.633 | normal |
| Mar 16, 2021 | Mar 31, 2021 | Feb 16, 2021 | $0.633 | normal |
| Dec 15, 2020 | Dec 30, 2020 | Nov 3, 2020 | $0.633 | normal |
| Sep 14, 2020 | Sep 29, 2020 | Aug 3, 2020 | $0.63 | normal |
| Jun 10, 2020 | Jun 25, 2020 | May 4, 2020 | $0.63 | normal |
| Mar 16, 2020 | Mar 31, 2020 | Feb 10, 2020 | $0.63 | normal |
| Dec 11, 2019 | Dec 26, 2019 | Oct 28, 2019 | $0.63 | normal |
| Sep 11, 2019 | Sep 26, 2019 | Jul 29, 2019 | $0.628 | normal |
| Jun 12, 2019 | Jun 27, 2019 | Apr 29, 2019 | $0.628 | normal |
| Mar 13, 2019 | Mar 28, 2019 | Feb 11, 2019 | $0.628 | normal |
| Dec 12, 2018 | Dec 27, 2018 | Oct 29, 2018 | $0.628 | normal |
| Sep 12, 2018 | Sep 27, 2018 | Jul 30, 2018 | $0.625 | normal |
| Jun 13, 2018 | Jun 28, 2018 | Apr 30, 2018 | $0.625 | normal |
| Mar 14, 2018 | Mar 29, 2018 | Feb 5, 2018 | $0.625 | normal |
| Dec 13, 2017 | Dec 28, 2017 | Oct 30, 2017 | $0.625 | normal |
| Sep 13, 2017 | Sep 28, 2017 | $0.623 | normal | |
| Jun 13, 2017 | Jun 29, 2017 | May 1, 2017 | $0.623 | normal |
| Mar 14, 2017 | Mar 30, 2017 | Feb 6, 2017 | $0.623 | normal |
| Dec 13, 2016 | Dec 29, 2016 | $0.623 | normal | |
| Sep 13, 2016 | Sep 29, 2016 | Aug 1, 2016 | $0.62 | normal |
| Jun 14, 2016 | Jun 30, 2016 | $0.62 | normal | |
| Mar 15, 2016 | Mar 31, 2016 | Feb 8, 2016 | $0.62 | normal |
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MCY Mercury General Corp | 5.25% | $1.59 | N/A |
| SAFT Safety Insurance Group Inc | 4.82% | $3.6 | 200% |
| ALL Allstate Corp | 3.16% | $3.48 | N/A |
| ERIE Erie Indemnity Co | 2.12% | $4.6 | 67.7% |
Yes, Mercury General has paid four dividends in the last 12 months. MCY has been paying dividends since 1994.
MCY has announced its next dividend with ex-date Jun 14, 2023.
Mercury General's last regular dividend was on Mar 14, 2023 (ex-date) with the amount of $0.318 per share.
MCY has paid dividend of $1.59 per share in the last year.
Currently Mercury General's dividend yield is 5.35%.
Mercury General pays dividends quarterly.
Mercury General's dividend yield is higher than the Financial Services sector average.