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Safety Insurance Group (Safety Insurance Group) Dividend Payout Ratio : 0.97 (As of Mar. 2024)


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What is Safety Insurance Group Dividend Payout Ratio?

Safety Insurance Group's dividend payout ratio for the months ended in Mar. 2024 was 0.97.

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 1.37, which seems too high.

The historical rank and industry rank for Safety Insurance Group's Dividend Payout Ratio or its related term are showing as below:

SAFT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.67   Max: 4.29
Current: 1.37


During the past 13 years, the highest Dividend Payout Ratio of Safety Insurance Group was 4.29. The lowest was 0.42. And the median was 0.67.

SAFT's Dividend Payout Ratio is ranked worse than
96.66% of 299 companies
in the Insurance industry
Industry Median: 0.37 vs SAFT: 1.37

As of today (2024-05-24), the Dividend Yield % of Safety Insurance Group is 4.68%.

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

Safety Insurance Group's Dividends per Share for the months ended in Mar. 2024 was $0.90.

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.

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.

The growth rate is calculated with least square regression.

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


Safety Insurance Group Dividend Payout Ratio Historical Data

The historical data trend for Safety Insurance Group's Dividend Payout Ratio 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.

Safety Insurance Group Dividend Payout Ratio Chart

Safety Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.42 0.50 0.71 4.29

Safety Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial 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 - 1.13 1.53 3.00 0.97

Competitive Comparison of Safety Insurance Group's Dividend Payout Ratio

For the Insurance - Property & Casualty subindustry, Safety Insurance Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Safety Insurance Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Safety Insurance Group's Dividend Payout Ratio falls into.



Safety Insurance Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.6/ 0.84
=4.29

Safety Insurance Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.9/ 0.93
=0.97

* 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 (NAS:SAFT) Dividend Payout Ratio Explanation

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.


Safety Insurance Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Safety Insurance Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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