Safety Insurance Group (Safety Insurance Group) Dividend Payout Ratio

: 3.00 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

Safety Insurance Group's dividend payout ratio for the months ended in Dec. 2023 was 3.00.

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.

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: 4.39
Current: 4.39

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.

SAFT's Dividend Payout Ratio is ranked worse than
99.31% of 288 companies
in the Insurance industry
Industry Median: 0.37 vs SAFT: 4.39

As of today (2024-04-23), the Dividend Yield % of Safety Insurance Group is 4.37%.

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 Dec. 2023 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.65

0.42

0.50

0.71

4.29

Safety Insurance Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.92	-	1.13	1.53	3.00

Competitive Comparison

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 Dividend Payout Ratio Distribution

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 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

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Safety Insurance Group Inc (NAS:SAFT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SFN:Germany

Address

20 Custom House Street, Boston, MA, USA, 02110

Website

http://www.safetyinsurance.com

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