Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.
Mercury General Dividend Announcement
• Mercury General announced a quarterly dividend of $0.32 per ordinary share which will be made payable on 2024-12-26. Ex dividend date: 2024-12-12
• Mercury General annual dividend for 2024 was $1.27
• Mercury General annual dividend for 2023 was $1.27
• Mercury General's trailing twelve-month (TTM) dividend yield is 2.39%
• Mercury General's payout ratio for the trailing twelve months (TTM) is 12.60%
• Mercury General's dividend growth over the last five years (2018-2023) was -12.69% year
• Mercury General's dividend growth over the last ten years (2013-2023) was -6.37% year
Mercury General Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-12 | $0.32 | quarterly | 2024-12-26 |
2024-09-12 | $0.32 | quarterly | 2024-09-26 |
2024-06-13 | $0.32 | quarterly | 2024-06-27 |
2024-03-12 | $0.32 | quarterly | 2024-03-27 |
2023-12-13 | $0.32 | quarterly | 2023-12-28 |
2023-09-13 | $0.32 | quarterly | 2023-09-28 |
2023-06-14 | $0.32 | quarterly | 2023-06-29 |
2023-03-14 | $0.32 | quarterly | 2023-03-29 |
2022-12-14 | $0.32 | quarterly | 2022-12-29 |
2022-09-14 | $0.32 | quarterly | 2022-09-29 |
2022-06-15 | $0.64 | quarterly | 2022-06-30 |
2022-03-15 | $0.64 | quarterly | 2022-03-30 |
2021-12-15 | $0.64 | quarterly | 2021-12-30 |
2021-09-15 | $0.63 | quarterly | 2021-09-30 |
2021-06-15 | $0.63 | quarterly | 2021-06-30 |
2021-03-16 | $0.63 | quarterly | 2021-03-31 |
2020-12-15 | $0.63 | quarterly | 2020-12-30 |
2020-09-14 | $0.63 | quarterly | 2020-09-29 |
2020-06-10 | $0.63 | quarterly | 2020-06-25 |
2020-03-16 | $0.63 | quarterly | 2020-03-31 |
2019-12-11 | $0.63 | quarterly | 2019-12-26 |
2019-09-11 | $0.63 | quarterly | 2019-09-26 |
2019-06-12 | $0.63 | quarterly | 2019-06-27 |
2019-03-13 | $0.63 | quarterly | 2019-03-28 |
2018-12-12 | $0.63 | quarterly | 2018-12-27 |
2018-09-12 | $0.62 | quarterly | 2018-09-27 |
2018-06-13 | $0.62 | quarterly | 2018-06-28 |
2018-03-14 | $0.62 | quarterly | 2018-03-29 |
2017-12-13 | $0.62 | quarterly | 2017-12-28 |
2017-09-13 | $0.62 | quarterly | 2017-09-28 |
2017-06-13 | $0.62 | quarterly | 2017-06-29 |
2017-03-14 | $0.62 | quarterly | 2017-03-30 |
2016-12-13 | $0.62 | quarterly | 2016-12-29 |
2016-09-13 | $0.62 | quarterly | 2016-09-29 |
2016-06-14 | $0.62 | quarterly | 2016-06-30 |
2016-03-15 | $0.62 | quarterly | 2016-03-31 |
2015-12-11 | $0.62 | quarterly | 2015-12-29 |
2015-09-08 | $0.62 | quarterly | 2015-09-24 |
2015-06-09 | $0.62 | quarterly | 2015-06-25 |
2015-03-13 | $0.62 | quarterly | 2015-03-31 |
2014-12-10 | $0.62 | quarterly | 2014-12-26 |
2014-09-09 | $0.61 | quarterly | 2014-09-25 |
2014-06-10 | $0.61 | quarterly | 2014-06-26 |
2014-03-13 | $0.61 | quarterly | 2014-03-31 |
2013-12-10 | $0.61 | quarterly | 2013-12-26 |
2013-09-10 | $0.61 | quarterly | 2013-09-26 |
2013-06-11 | $0.61 | quarterly | 2013-06-27 |
2013-03-12 | $0.61 | quarterly | 2013-03-28 |
Mercury General Dividend per year
Mercury General Dividend growth
Mercury General Dividend Yield
Mercury General current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Mercury General stock? Use our calculator to estimate your expected dividend yield:
Mercury General Financial Ratios
Mercury General Dividend FAQ
Other factors to consider when evaluating Mercury General as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Mercury General's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Mercury General publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Mercury General distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Mercury General are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Mercury General sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Mercury General distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mercury General declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Mercury General's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Mercury General's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.