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United Fire Group (United Fire Group) Dividend Yield %

: 2.97% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of United Fire Group is 2.97%.

The historical rank and industry rank for United Fire Group's Dividend Yield % or its related term are showing as below:

UFCS' s Dividend Yield % Range Over the Past 10 Years
Min: 1.62   Med: 2.43   Max: 6.89
Current: 2.97

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 2.43%.

UFCS's Dividend Yield % is ranked worse than
56.97% of 402 companies
in the Insurance industry
Industry Median: 3.46 vs UFCS: 2.97

United Fire Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-04-18), the Forward Dividend Yield % of United Fire Group is 2.97%.

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.

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.

The growth rate is calculated with least square regression.

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


United Fire Group Dividend Yield % Historical Data

The historical data trend for United Fire Group's Dividend Yield % can be seen below:

* 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.

* Premium members only.

United Fire Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.97 4.54 2.59 2.27 3.18

United Fire Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.27 2.41 2.82 3.24 3.18

Competitive Comparison

For the Insurance - Property & Casualty subindustry, United Fire Group's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

For the Insurance industry and Financial Services sector, United Fire Group's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where United Fire Group's Dividend Yield % falls into.



United Fire Group Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.64/21.61
=2.96 %

Current Share Price is $21.61.
United Fire Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.64.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.64/21.61
=2.96 %

Current Share Price is $21.61.
United Fire Group's Dividends per Share for the forward twelve months is calculated as $0.16 * 4 = $0.64.

* 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  (NAS:UFCS) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


United Fire Group Dividend Yield % Related Terms

Thank you for viewing the detailed overview of United Fire Group's Dividend Yield % 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