Proassurance's most recent quarterly dividend of $0.05 per share was on Dec 21, 2022 (ex-date). At an annualized rate of $0.2 per share, the stock yields 1.06%.
Proassurance's dividend yield of 1.06% is above its peers average but below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.72%, Proassurance's dividend yield is 61% lower. Historically PRA's dividend yield has averaged at 2.9% in the last 5 years, which is above the current yield.
Proassurance has a history of paying dividends since 2011. Our records of PRA show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However since the stock price has gone down by 20% from a year ago, the dividend yield has increased by 25%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 21, 2022 | Jan 10, 2023 | Nov 30, 2022 | $0.05 | normal |
| Sep 28, 2022 | Oct 13, 2022 | Sep 8, 2022 | $0.05 | normal |
| Jun 14, 2022 | Jun 29, 2022 | May 24, 2022 | $0.05 | normal |
| Mar 23, 2022 | Apr 7, 2022 | Mar 2, 2022 | $0.05 | normal |
| Dec 21, 2021 | Jan 7, 2022 | Dec 1, 2021 | $0.05 | normal |
| Sep 23, 2021 | Oct 8, 2021 | Sep 1, 2021 | $0.05 | normal |
| Jun 28, 2021 | Jul 14, 2021 | May 25, 2021 | $0.05 | normal |
| Mar 25, 2021 | Apr 13, 2021 | Mar 3, 2021 | $0.05 | normal |
| Dec 21, 2020 | Jan 7, 2021 | Dec 2, 2020 | $0.05 | normal |
| Sep 23, 2020 | Oct 9, 2020 | Sep 2, 2020 | $0.05 | normal |
| Jun 10, 2020 | Jul 8, 2020 | May 7, 2020 | $0.05 | normal |
| Mar 26, 2020 | Apr 15, 2020 | Mar 4, 2020 | $0.31 | normal |
| Dec 26, 2019 | Jan 14, 2020 | Dec 10, 2019 | $0.31 | normal |
| Sep 26, 2019 | Oct 11, 2019 | Sep 4, 2019 | $0.31 | normal |
| Jun 13, 2019 | Jul 11, 2019 | May 22, 2019 | $0.31 | normal |
| Mar 28, 2019 | Apr 22, 2019 | Mar 6, 2019 | $0.31 | normal |
| Dec 20, 2018 | Jan 9, 2019 | Nov 28, 2018 | $0.5 | normal |
| Dec 20, 2018 | Jan 9, 2019 | Nov 28, 2018 | $0.31 | normal |
| Sep 27, 2018 | Oct 10, 2018 | Sep 5, 2018 | $0.31 | normal |
| Jun 21, 2018 | Jul 10, 2018 | May 23, 2018 | $0.31 | normal |
| Mar 28, 2018 | Apr 18, 2018 | Mar 7, 2018 | $0.31 | normal |
| Dec 20, 2017 | Jan 10, 2018 | Nov 29, 2017 | $4.69 | special |
| Dec 20, 2017 | Jan 10, 2018 | Nov 29, 2017 | $0.31 | normal |
| Sep 28, 2017 | Oct 10, 2017 | Sep 6, 2017 | $0.31 | normal |
| Jun 23, 2017 | Jul 12, 2017 | May 31, 2017 | $0.31 | normal |
| Mar 28, 2017 | Apr 12, 2017 | Mar 1, 2017 | $0.31 | normal |
| Dec 21, 2016 | Jan 9, 2017 | Nov 30, 2016 | $4.69 | special |
| Dec 21, 2016 | Jan 9, 2017 | Nov 30, 2016 | $0.31 | normal |
| Sep 26, 2016 | Oct 7, 2016 | Sep 7, 2016 | $0.31 | normal |
| Jun 22, 2016 | Jul 8, 2016 | May 25, 2016 | $0.31 | normal |
| Mar 28, 2016 | Apr 12, 2016 | Mar 2, 2016 | $0.31 | normal |
Proassurance's payout ratio of 62.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 31.1%, Proassurance's payout ratio is 101% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TRV Travelers Companies Inc | 1.94% | $3.67 | 26.6% |
| PRA Proassurance Corp | 1.06% | $0.2 | 62.5% |
| RLI Rli Corp | 0.79% | $1.03 | 8% |
| WRB Berkley W R Corp | 0.56% | $0.39 | 8.3% |
| L Loews Corp | 0.41% | $0.25 | 6.3% |
Yes, Proassurance has been paying dividends for the last 11 years.
PRA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend schedule, it is likely that its next dividend will be in March 2023.
Proassurance's last regular dividend was on Dec 21, 2022 (ex-date) with the amount of $0.05 per share.
PRA's annualized dividend per share is $0.2.
The current dividend yield of Proassurance is 1.06%.
Proassurance pays dividends quarterly.
Proassurance's dividend payout ratio is 62.5%.
Proassurance's dividend yield is below the Financial Services sector average.