MCY Mercury General dividend history, payout ratio & dates
Mercury General's most recent dividend payment of $0.318 per share was made to shareholders on record before Sep 12, 2024. The payout stands at $1.27 per share annually, which works out to a dividend yield of 1.86%.
Key dates
- MCY last dividend date: Sep 12, 2024
MCY dividend stats
vs. Financial Services sector
Dividend yield
MCY has a dividend yield of 1.86% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.78%, Mercury General's dividend yield is 33% lower. Historically MCY's dividend yield has averaged at 4.7% in the last 5 years, which is higher than the current one.
Dividend history
Mercury General has been paying dividends for the last 30 years. According to our data MCY has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. However since the stock price has gone up by 131% from a year ago, the dividend yield has decreased by 57%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 12, 2024 | $0.318 | 2.19% |
| Jun 13, 2024 | $0.318 | 2.5% |
| Mar 12, 2024 | $0.318 | 2.69% |
| Dec 13, 2023 | $0.318 | 3.22% |
| Sep 13, 2023 | $0.318 | 4.35% |
| Jun 14, 2023 | $0.318 | 4.36% |
| Mar 14, 2023 | $0.318 | 5.18% |
| Dec 14, 2022 | $0.318 | 5.52% |
| Sep 14, 2022 | $0.318 | 6.5% |
| Jun 15, 2022 | $0.635 | 5.63% |
| Mar 15, 2022 | $0.635 | 4.85% |
| Dec 15, 2021 | $0.635 | 4.8% |
| Sep 15, 2021 | $0.633 | 4.41% |
| Jun 15, 2021 | $0.633 | 4.21% |
| Mar 16, 2021 | $0.633 | 4.22% |
| Dec 15, 2020 | $0.633 | 4.91% |
| Sep 14, 2020 | $0.63 | 5.78% |
| Jun 10, 2020 | $0.63 | 6.04% |
| Mar 16, 2020 | $0.63 | 7.2% |
| Dec 11, 2019 | $0.63 | 5.18% |
| Sep 11, 2019 | $0.628 | 4.56% |
| Jun 12, 2019 | $0.628 | 4.19% |
| Mar 13, 2019 | $0.628 | 4.97% |
| Dec 12, 2018 | $0.628 | 4.56% |
| Sep 12, 2018 | $0.625 | 4.74% |
| Jun 13, 2018 | $0.625 | 5.27% |
| Mar 14, 2018 | $0.625 | 5.35% |
| Dec 13, 2017 | $0.625 | 4.74% |
| Sep 13, 2017 | $0.623 | 4.37% |
| Jun 13, 2017 | $0.623 | 4.49% |
| Mar 14, 2017 | $0.623 | 4.2% |
| Dec 13, 2016 | $0.623 | 4.14% |
| Sep 13, 2016 | $0.62 | 4.63% |
| Jun 14, 2016 | $0.62 | 4.78% |
| Mar 15, 2016 | $0.62 | 4.63% |
| Dec 11, 2015 | $0.62 | 5.13% |
| Sep 8, 2015 | $0.618 | 5.01% |
| Jun 9, 2015 | $0.618 | 4.46% |
| Mar 13, 2015 | $0.618 | 4.49% |
Mercury General dividend payout ratio
Payout ratio
MCY has a payout ratio of 22% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.2%, Mercury General's payout ratio is 49% lower.
Total amount of dividends paid per financial year (from cash flow)
MCY dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SAFT Safety Insurance Group Inc | 4.55% | $3.6 | 104.3% |
| ALL Allstate Corp | 1.93% | $3.65 | 33% |
| MCY Mercury General Corp | 1.76% | $1.27 | 22% |
| ERIE Erie Indemnity Co | 1.13% | $5.1 | 44.8% |
| PGR Progressive Corp | 0.43% | $1.05 | 9% |
Frequently asked questions
Does Mercury General pay a dividend?
Yes, Mercury General has paid four dividends in the last 12 months. MCY has been paying dividends since 1994.
When was MCY's last dividend?
Mercury General's last regular dividend was on Sep 12, 2024 (ex-date) with the amount of $0.318 per share.
How much dividend does Mercury General pay (per share)?
MCY has paid dividend of $1.27 per share in the last year.
What is Mercury General's dividend yield?
Currently Mercury General's dividend yield is 1.86%.
How often does Mercury General pay dividends?
Mercury General pays dividends quarterly.
What is Mercury General's dividend payout ratio?
The dividend payout ratio of Mercury General is 22%.
Does Mercury General pay a good dividend?
Mercury General's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.