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MCY Mercury General dividend history, payout ratio & dates

Mercury General's most recent quarterly dividend payment of $0.318 per share was made to shareholders on record before Sep 14, 2022. The payout stands at $2.22 per share annually, which works out to a dividend yield of 7.45%. The latest MCY stock dividend of $0.318 is a decrease from the previous $0.635 distribution, representing a change of -50%.

Key dates

  • MCY last dividend date: Sep 14, 2022
  • MCY next dividend date: Not announced
MCY dividend stats
DPS
$2.22
Dividend yield
7.45%
Payout ratio
N/A
vs. Financial Services sector
Dividend yield
2.81%
Payout ratio
30.1%

Dividend yield

What is Mercury General current dividend yield

MCY has a dividend yield of 7.45% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.81%, Mercury General's dividend yield is 165% higher. Historically MCY's dividend yield has averaged at 5.1% in the last 5 years, which is lower than the current one.

Dividend history

What is MCY dividend payout history and dates

Mercury General has been paying dividends for the last 28 years. According to our data MCY has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 12% for the last year. However since the stock price has gone down by 47% from a year ago, the dividend yield has increased by 66%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Mercury General dividend payouts

Total amount of dividends paid per financial year (from cash flow)

MCY dividend vs peer dividends

How does MCY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MCY Mercury General Corp 7.45% $2.22 N/A
SAFT Safety Insurance Group Inc 4.38% $3.6 72.9%
ALL Allstate Corp 2.53% $3.36 115.9%
ERIE Erie Indemnity Co 1.88% $4.44 70.3%

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 is Mercury General's next dividend?

MCY hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.

When was MCY's last dividend?

Mercury General's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.318 per share.

How much dividend does Mercury General pay (per share)?

MCY has paid dividend of $2.22 per share in the last year.

What is Mercury General's dividend yield?

Currently Mercury General's dividend yield is 7.45%.

How often does Mercury General pay dividends?

Mercury General pays dividends quarterly.

Does Mercury General pay a good dividend?

Mercury General's dividend yield is higher than the Financial Services sector average.