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Safety Insurance Group (Safety Insurance Group) 3-Year Dividend Growth Rate

: 0.00% (As of Dec. 2023)
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Safety Insurance Group's Dividends per Share for the three months ended in Dec. 2023 was $0.90.

The historical rank and industry rank for Safety Insurance Group's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Safety Insurance Group was 43.50% per year. The lowest was 1.90% per year. And the median was 8.40% per year.

SAFT's 3-Year Dividend Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 6.3
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Safety Insurance Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 3.00. As of today, Safety Insurance Group's Dividend Yield % is 4.55%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Safety Insurance Group Inc is 4.39, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance - Property & Casualty subindustry, Safety Insurance Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Safety Insurance Group 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Safety Insurance Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Safety Insurance Group's 3-Year Dividend Growth Rate falls into.



Safety Insurance Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Safety Insurance Group  (NAS:SAFT) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Safety Insurance Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.9/ 0.3
=3.00

During the past 13 years, the highest Dividend Payout Ratio of Safety Insurance Group was 4.39. The lowest was 0.42. And the median was 0.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Safety Insurance Group Inc is 4.39, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Safety Insurance Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9002024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.9002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.9002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.9002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Safety Insurance Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.6/78.92
=4.56 %

Current Share Price is $78.92.
Safety Insurance Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.6.

During the past 13 years, the highest Dividend Yield of Safety Insurance Group was 5.48%. The lowest was 3.12%. And the median was 4.31%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Safety Insurance Group 3-Year Dividend Growth Rate Related Terms>


Safety Insurance Group (Safety Insurance Group) Business Description

Traded in Other Exchanges
Address
20 Custom House Street, Boston, MA, USA, 02110
Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.
Executives
Glenn Hiltpold officer: VP of Actuarial Services 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Brophy Charles Joseph Iii director 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Srb Corp 10 percent owner 695 ATLANTIC AVENUE, BOSTON MA 02111
Peter J Manning director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Christopher Thomas Whitford officer: VP, CFO and Secretary 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Stephen Albert Varga officer: VP - MIS 20 CUSTOM HOUSE STREET, BOSTON MA 02110
James Berry officer: VP - Insurance Operations C/O SAFETY INSURANCE, 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Farina John Daniel Jr. director 20 CUSTOM HOUSE ST, BOSTON MA 02110
Deborah E Gray director 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Frederic H Lindeberg director C/O SAFETY INSURANCE GROUP, INC., 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Ann Marie Mckeown officer: V.P Insurance Operations 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Moran Mary Coffey director DANVERS BANCORP, INC., ONE CONANT STREET, DANVERS MA 01923
David E Krupa officer: VP - Property Claims
David D Mckown director