Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. It operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company offers property insurance products, which covers the financial consequences of accidental loss of an insured's real property, personal property, and/or earnings due to the property's loss; and casualty insurance products that covers the financial consequences of employee injuries in the course of employment, and bodily injury and/or property damage to a third party, as well as flood insurance products. It also invests in fixed income investments and commercial mortgage loans, as well as equity securities and alternative investment portfolio. The company offers its insurance products and services to businesses, non-profit organizations, local government agencies, and individuals through independent retail agents and wholesale general agents. Selective Insurance Group, Inc. was founded in 1926 and is headquartered in Branchville, New Jersey.
Selective Insurance Dividend Announcement
• Selective Insurance announced a quarterly dividend of $0.38 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-15
• Selective Insurance annual dividend for 2024 was $1.43
• Selective Insurance annual dividend for 2023 was $1.25
• Selective Insurance's trailing twelve-month (TTM) dividend yield is 1.52%
• Selective Insurance's payout ratio for the trailing twelve months (TTM) is 39.04%
• Selective Insurance's dividend growth over the last five years (2018-2023) was 11.05% year
• Selective Insurance's dividend growth over the last ten years (2013-2023) was 9.17% year
Selective Insurance Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-15 | $0.38 | quarterly | 2024-12-02 |
2024-08-15 | $0.35 | quarterly | 2024-09-03 |
2024-05-14 | $0.35 | quarterly | 2024-06-03 |
2024-02-14 | $0.35 | quarterly | 2024-03-01 |
2023-11-14 | $0.35 | quarterly | 2023-12-01 |
2023-08-14 | $0.30 | quarterly | 2023-09-01 |
2023-05-12 | $0.30 | quarterly | 2023-06-01 |
2023-02-14 | $0.30 | quarterly | 2023-03-01 |
2022-11-14 | $0.30 | quarterly | 2022-12-01 |
2022-08-12 | $0.28 | quarterly | 2022-09-01 |
2022-05-13 | $0.28 | quarterly | 2022-06-01 |
2022-02-14 | $0.28 | quarterly | 2022-03-01 |
2021-11-12 | $0.28 | quarterly | 2021-12-01 |
2021-08-12 | $0.25 | quarterly | 2021-09-01 |
2021-05-13 | $0.25 | quarterly | 2021-06-01 |
2021-02-11 | $0.25 | quarterly | 2021-03-01 |
2020-11-12 | $0.25 | quarterly | 2020-12-01 |
2020-08-13 | $0.23 | quarterly | 2020-09-01 |
2020-05-15 | $0.23 | quarterly | 2020-06-01 |
2020-02-13 | $0.23 | quarterly | 2020-03-02 |
2019-11-14 | $0.23 | quarterly | 2019-12-02 |
2019-08-14 | $0.20 | quarterly | 2019-09-03 |
2019-05-14 | $0.20 | quarterly | 2019-06-03 |
2019-02-14 | $0.20 | quarterly | 2019-03-01 |
2018-11-14 | $0.20 | quarterly | 2018-12-03 |
2018-08-14 | $0.18 | quarterly | 2018-09-04 |
2018-05-14 | $0.18 | quarterly | 2018-06-01 |
2018-02-14 | $0.18 | quarterly | 2018-03-01 |
2017-11-14 | $0.18 | quarterly | 2017-12-01 |
2017-08-11 | $0.16 | quarterly | 2017-09-01 |
2017-05-11 | $0.16 | quarterly | 2017-06-01 |
2017-02-13 | $0.16 | quarterly | 2017-03-01 |
2016-11-10 | $0.16 | quarterly | 2016-12-01 |
2016-08-11 | $0.15 | quarterly | 2016-09-01 |
2016-05-12 | $0.15 | quarterly | 2016-06-01 |
2016-02-11 | $0.15 | quarterly | 2016-03-01 |
2015-11-10 | $0.15 | quarterly | 2015-12-01 |
2015-08-12 | $0.14 | quarterly | 2015-09-01 |
2015-05-13 | $0.14 | quarterly | 2015-06-01 |
2015-02-11 | $0.14 | quarterly | 2015-03-02 |
2014-11-12 | $0.14 | quarterly | 2014-12-01 |
2014-08-13 | $0.13 | quarterly | 2014-09-02 |
2014-05-13 | $0.13 | quarterly | 2014-06-02 |
2014-02-12 | $0.13 | quarterly | 2014-03-03 |
2013-11-13 | $0.13 | quarterly | 2013-12-02 |
2013-08-13 | $0.13 | quarterly | 2013-09-03 |
2013-05-13 | $0.13 | quarterly | 2013-06-03 |
2013-02-13 | $0.13 | quarterly | 2013-03-01 |
Selective Insurance Dividend per year
Selective Insurance Dividend growth
Selective Insurance Dividend Yield
Selective Insurance current trailing twelve-month (TTM) dividend yield is 1.52%. Interested in purchasing Selective Insurance stock? Use our calculator to estimate your expected dividend yield:
Selective Insurance Financial Ratios
Selective Insurance Dividend FAQ
Other factors to consider when evaluating Selective 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.
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1. Determination of Dividend: Selective 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, Selective 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, Selective 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 Selective 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. Record Date: Selective 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, Selective 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: Selective 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.
To assess the safety of Selective 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 Selective 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.