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First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. It issues non-standard automobile insurance policies to individuals based on their inability or unwillingness to obtain insurance coverage from standard carriers due to various factors, including their payment preference, failure to maintain continuous insurance coverage, or driving record. The company also underwrites auto and motorcycle insurance products; and renters, homeowners, commercial, pet, life, travel, outdoor vehicle, and hospital indemnity insurance products. In addition, it provides TeleMed, a subscription service that offers access to doctor for consulting, diagnosing, and prescribing medication for non-emergency illness. The company primarily distributes its products through its retail locations, as well as through call center and internet. As of December 31, 2021, it leased and operated 338 retail locations, and a call center. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee.

First Acceptance Dividend Announcement

• First Acceptance announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2021-12-21. Ex dividend date: 2021-12-15
• First Acceptance's trailing twelve-month (TTM) dividend yield is -%

First Acceptance Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-12-15$0.11quarterly2021-12-21
2021-05-19$0.27quarterly2021-06-04
2002-06-14$0.01quarterly
2001-06-15$0.12quarterly
2000-06-16$0.09quarterly
1999-06-17$0.06quarterly
1998-06-18$0.03quarterly
1990-05-08$0.21quarterly
1989-12-12$0.30quarterly
1989-11-02$0.40quarterly
1989-07-31$0.50quarterly
1989-04-21$0.54quarterly
1988-12-13$0.60quarterly
1988-10-18$0.62quarterly
1988-06-14$0.64quarterly
1988-03-14$0.64quarterly
1987-12-14$0.64quarterly
1987-10-09$0.62quarterly
1987-07-27$0.61quarterly
1987-04-23$0.61quarterly
1987-02-02$0.61quarterly
1986-10-10$0.66quarterly
1986-08-04$0.47quarterly
1986-04-17$0.87quarterly
1986-01-27$0.68quarterly
1985-10-11$0.67quarterly
1985-08-05$0.65quarterly
1985-04-18$0.21quarterly

First Acceptance Dividend per year

First Acceptance Dividend growth

First Acceptance Dividend Yield

First Acceptance current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing First Acceptance stock? Use our calculator to estimate your expected dividend yield:

First Acceptance Financial Ratios

P/E ratio1.62
PEG ratio0.02
P/B ratio0.87
ROE63.60%
Payout ratio0.00%
Current ratio1.27
Quick ratio3.77
Cash Ratio0.35

First Acceptance Dividend FAQ

Does First Acceptance stock pay dividends?
First Acceptance does not currently pay dividends to its shareholders.
Has First Acceptance ever paid a dividend?
No, First Acceptance has no a history of paying dividends to its shareholders. First Acceptance is not known for its dividend payments.
Why doesn't First Acceptance pay dividends?
There are several potential reasons why First Acceptance would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will First Acceptance ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While First Acceptance has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is First Acceptance a dividend aristocrat?
First Acceptance is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is First Acceptance a dividend king?
First Acceptance is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is First Acceptance a dividend stock?
No, First Acceptance is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy First Acceptance stocks?
To buy First Acceptance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy First Acceptance stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.