Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
Safety Insurance Dividend Announcement
• Safety Insurance announced a quarterly dividend of $0.90 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-09-03
• Safety Insurance annual dividend for 2024 was $2.70
• Safety Insurance annual dividend for 2023 was $3.60
• Safety Insurance's trailing twelve-month (TTM) dividend yield is 5.66%
• Safety Insurance's payout ratio for the trailing twelve months (TTM) is 104.49%
• Safety Insurance's dividend growth over the last five years (2018-2023) was 2.38% year
• Safety Insurance's dividend growth over the last ten years (2013-2023) was 4.14% year
Safety Insurance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-03 | $0.90 | quarterly | 2024-09-13 |
| 2024-06-03 | $0.90 | quarterly | 2024-06-14 |
| 2024-02-29 | $0.90 | quarterly | 2024-03-15 |
| 2023-11-30 | $0.90 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.90 | quarterly | 2023-09-15 |
| 2023-05-31 | $0.90 | quarterly | 2023-06-15 |
| 2023-02-28 | $0.90 | quarterly | 2023-03-15 |
| 2022-11-30 | $0.90 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.90 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.90 | quarterly | 2022-06-15 |
| 2022-02-28 | $0.90 | quarterly | 2022-03-15 |
| 2021-11-30 | $0.90 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.90 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.90 | quarterly | 2021-06-15 |
| 2021-03-04 | $0.90 | quarterly | 2021-03-15 |
| 2020-11-30 | $0.90 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.90 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.90 | quarterly | 2020-06-15 |
| 2020-02-28 | $0.90 | quarterly | 2020-03-16 |
| 2019-11-29 | $0.90 | quarterly | 2019-12-13 |
| 2019-08-30 | $0.90 | quarterly | 2019-09-13 |
| 2019-05-31 | $0.80 | quarterly | 2019-06-14 |
| 2019-02-28 | $0.80 | quarterly | 2019-03-15 |
| 2018-11-30 | $0.80 | quarterly | 2018-12-14 |
| 2018-08-31 | $0.80 | quarterly | 2018-09-14 |
| 2018-05-31 | $0.80 | quarterly | 2018-06-15 |
| 2018-02-28 | $0.80 | quarterly | 2018-03-15 |
| 2017-11-30 | $0.80 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.80 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.70 | quarterly | 2017-06-15 |
| 2017-02-27 | $0.70 | quarterly | 2017-03-15 |
| 2016-11-29 | $0.70 | quarterly | 2016-12-15 |
| 2016-08-30 | $0.70 | quarterly | 2016-09-15 |
| 2016-05-27 | $0.70 | quarterly | 2016-06-15 |
| 2016-02-26 | $0.70 | quarterly | 2016-03-15 |
| 2015-11-27 | $0.70 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.70 | quarterly | 2015-09-15 |
| 2015-05-28 | $0.70 | quarterly | 2015-06-15 |
| 2015-02-26 | $0.70 | quarterly | 2015-03-13 |
| 2014-11-26 | $0.70 | quarterly | 2014-12-15 |
| 2014-08-28 | $0.70 | quarterly | 2014-09-15 |
| 2014-05-29 | $0.60 | quarterly | 2014-06-13 |
| 2014-02-27 | $0.60 | quarterly | 2014-03-14 |
| 2013-11-27 | $0.60 | quarterly | 2013-12-13 |
| 2013-08-29 | $0.60 | quarterly | 2013-09-13 |
| 2013-05-30 | $0.60 | quarterly | 2013-06-14 |
| 2013-02-27 | $0.60 | quarterly | 2013-03-15 |
Safety Insurance Dividend per year
Safety Insurance Dividend growth
Safety Insurance Dividend Yield
Safety Insurance current trailing twelve-month (TTM) dividend yield is 5.66%. Interested in purchasing Safety Insurance stock? Use our calculator to estimate your expected dividend yield:
Safety Insurance Financial Ratios
P/E ratio22.95
PEG ratio13.24
P/B ratio1.44
ROE6.38%
Payout ratio104.49%
Current ratio0.79
Quick ratio1.47
Cash Ratio0.08
Safety Insurance Dividend FAQ
How much is the next Safety Insurance dividend?
Safety Insurance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Safety Insurance dividend. The next Safety Insurance dividend will be released in February, May, August, or November.
When is Safety Insurance dividend paid?
Safety Insurance pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Safety Insurance pay?
The specific amount of Safety Insurance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Safety Insurance's dividend history.
Does Safety Insurance stock pay dividends?
Yes, Safety Insurance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Safety Insurance's dividend history.
How much dividend does Safety Insurance pay?
Safety Insurance paid $2.7 in 2024, $3.6 in 2023, $3.6 in 2022, $3.6 in 2021, and $3.6 in 2020.
How often does Safety Insurance pay dividends?
Safety Insurance typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Safety Insurance's dividend yield?
The current dividend yield for Safety Insurance is 5.66%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Safety Insurance's exact dividend yield.
When does Safety Insurance go ex dividend?
Safety Insurance's ex-dividend date for the latest dividend was on 2024-09-03. Safety Insurance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Safety Insurance dividend paid?
Safety Insurance pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Safety Insurance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Safety Insurance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Safety Insurance dividend per share?
Safety Insurance paid $2.7 per share in 2024 and $3.6 per share in 2023. The amount of dividend per share that Safety Insurance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Safety Insurance a dividend aristocrat?
No, 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 Safety Insurance a dividend king?
No, 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 Safety Insurance a dividend stock?
Yes, Safety Insurance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Safety Insurance a good dividend stock?
Whether Safety Insurance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Safety Insurance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Safety Insurance 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.
Other factors to consider when evaluating Safety Insurance 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.
Does Safety Insurance pay dividends monthly?
Safety Insurance typically pays dividends on a quarterly basis.
Does Safety Insurance pay dividends quarterly?
Safety Insurance currently pays dividends on a quarterly basis.
Has Safety Insurance ever paid a dividend?
Yes, Safety Insurance has a history of paying dividends to its shareholders. Safety Insurance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Safety Insurance dividend stocks?
To buy Safety Insurance 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Safety Insurance 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.
Place an order: Use the brokerage's trading platform to place an order to buy Safety Insurance 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.
When does Safety Insurance pay dividends 2024?
Safety Insurance pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Safety Insurance increase its dividend in 2024?
Decisions regarding Safety Insurance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Safety Insurance dividend overview you can look into the above table of dividend history.
How Safety Insurance dividend works?
The Safety Insurance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Safety Insurance's dividend process works:
1. Determination of Dividend: Safety Insurance'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, Safety Insurance 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, Safety Insurance 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 Safety Insurance 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. Determination of Dividend: Safety Insurance'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, Safety Insurance 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, Safety Insurance 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 Safety Insurance 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.
How are Safety Insurance dividends paid?
Safety Insurance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Safety Insurance 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, Safety Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Safety Insurance 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.
1. Record Date: Safety Insurance 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, Safety Insurance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Safety Insurance 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.
How many times does Safety Insurance pay dividends?
Safety Insurance typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Safety Insurance pay dividends?
The general pattern is that Safety Insurance pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Safety Insurance dividend safe?
The safety of Safety Insurance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Safety Insurance'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 Safety Insurance'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.
To assess the safety of Safety Insurance'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 Safety Insurance'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.