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United Fire Group (United Fire Group) 5-Year Dividend Growth Rate : -15.80% (As of Dec. 2023)


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What is United Fire Group 5-Year Dividend Growth Rate?

United Fire Group's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

During the past 12 months, United Fire Group's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -17.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -15.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.60% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of United Fire Group was 89.50% per year. The lowest was -21.50% per year. And the median was 8.00% per year.

United Fire Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.25. As of today, United Fire Group's Dividend Yield % is 2.85%.

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


Competitive Comparison of United Fire Group's 5-Year Dividend Growth Rate

For the Insurance - Property & Casualty subindustry, United Fire Group's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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.


United Fire Group's 5-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, United Fire Group's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where United Fire Group's 5-Year Dividend Growth Rate falls into.



United Fire Group 5-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 least square regression.

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.


United Fire Group  (NAS:UFCS) 5-Year Dividend Growth Rate Explanation

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

United Fire 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 )
=0.16/ 0.65
=0.25

During the past 13 years, the highest Dividend Payout Ratio of United Fire Group was 13.44. The lowest was 0.19. And the median was 0.57.

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

United Fire Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-03-072024-03-082024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-06-012023-06-022023-06-16Cash 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.

United Fire Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.64/22.42
=2.85 %

Current Share Price is $22.42.
United Fire Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

During the past 13 years, the highest Dividend Yield of United Fire Group was 6.89%. The lowest was 1.62%. And the median was 2.44%.

* 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.


United Fire Group 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of United Fire Group's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


United Fire Group (United Fire Group) Business Description

Traded in Other Exchanges
N/A
Address
118 Second Avenue SE, Cedar Rapids, IA, USA, 52401
United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.
Executives
Robert Francis Cataldo officer: VP & Strategy Officer 118 SECOND AVENUE SE, CEDAR RAPIDS IA 52401
Micah G Woolstenhulme officer: VP 118 2ND AVE SE, CEDAR RAPIDS IA 52401
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Christopher R Drahozal director 2001 RIVIERA COURT, LAWRENCE KS 66047-1999
Julie A Stephenson officer: Executive VP & COO 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Eric J Martin officer: Chief Financial Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52407
Mark A. Green director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Kevin James Leidwinger director, officer: Director, CEO 151 N. FRANKLIN, CHICAGO IL 60606
Sarah E Madsen officer: Chief Legal Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Jeremy Bahl officer: VP & Chief UW Officer 118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Kyle D. Skogman director 411 FIRST AVENUE SE, CEDAR RAPIDS IA 52401
Lura E Mcbride director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Mary K. Quass director 2875 MT. VERNON RD SE, CEDAR RAPIDS IA 52403
James Noyce director 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Matthew R Foran director 118 2ND AVE SE, CEDAR RAPIDS IA 52401