AMERISAFE (STU:A3I) Dividend Payout Ratio: 0.93 (As of Jun. 2026) — 210% Above Median

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STU:A3I AMERISAFE Inc STU:A3I
71 GF Score
Price €25.66
GF Value €34.00
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is AMERISAFE Dividend Payout Ratio?

AMERISAFE STU:A3I -0.70% 71 Dividend Payout Ratio is 0.93 as of Jun. 2026, which is 210% above its 10-year median of 0.30. GuruFocus rates STU:A3I with a GF Score™ of 71/100 and a GF Value™ of €34.00 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 335 Insurance companies, AMERISAFE ranks worse than 82.99% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. AMERISAFE's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.93.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of AMERISAFE Inc is 0.74, which seems too high.

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

STU:A3I' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.3   Max: 0.74
Current: 0.74

During the past 13 years, the highest Dividend Payout Ratio of AMERISAFE was 0.74. The lowest was 0.18. And the median was 0.30.

STU:A3I's Dividend Payout Ratio is ranked worse than
82.99% of 335 companies
in the Insurance industry
Industry Median: 0.38 vs STU:A3I: 0.74

As of today (2026-08-06), the Dividend Yield % of AMERISAFE is 5.34%.

During the past 13 years, the highest Trailing Annual Dividend Yield of AMERISAFE was 5.51%. The lowest was 1.05%. And the median was 1.95%.

AMERISAFE's Dividends per Share for the months ended in Jun. 2026 was €0.36.

During the past 12 months, AMERISAFE's average Dividends Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of AMERISAFE was 31.00% per year. The lowest was 7.40% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

AMERISAFE (STU:A3I) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

AMERISAFE Dividend Payout Ratio Related Terms

AMERISAFE Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for AMERISAFE'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.

AMERISAFE Dividend Payout Ratio Chart

AMERISAFE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.40 0.47 0.59 0.71

AMERISAFE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.74 0.54 0.76 0.82 0.93

STU:A3I vs ITIC, TIPT, MBI: Dividend Payout Ratio Comparison

For the Insurance - Specialty subindustry, AMERISAFE'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.

AMERISAFE Dividend Payout Ratio vs Insurance Industry

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

* The bar in red indicates where AMERISAFE's Dividend Payout Ratio falls into.


STU:A3I
71GF Score
AMERISAFE Inc STU:A3I
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMERISAFE Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

AMERISAFE's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.332/ 1.87
=0.71

AMERISAFE's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.356/ 0.382
=0.93

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.93 mean?
AMERISAFE (STU:A3I) has a Dividend Payout Ratio of 0.93 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on AMERISAFE and its competitors. This is 210% above median its historical median of 0.30. Over the past decade, AMERISAFE's Dividend Payout Ratio has ranged from 0.18 to 0.74. According to the industry distribution chart, AMERISAFE ranks #278 out of 335 companies in the Insurance industry, placing it in the top 83%.
Is AMERISAFE's Dividend Payout Ratio too high?
AMERISAFE's current Dividend Payout Ratio of 0.93 is 210% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.74. The Insurance industry median Dividend Payout Ratio is 0.38. AMERISAFE's value of 0.93 is 144.7% above this industry median. Based on the distribution chart, AMERISAFE ranks #278 out of 335 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, AMERISAFE has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AMERISAFE's Dividend Payout Ratio compare to ITIC and TIPT?
According to the Insurance industry distribution chart, AMERISAFE ranks #278 out of 335 companies for Dividend Payout Ratio. This places AMERISAFE in the lower half of its industry. The industry median Dividend Payout Ratio is 0.38. AMERISAFE's value of 0.93 is 144.7% above this benchmark. Historically, AMERISAFE's own Dividend Payout Ratio has ranged from 0.18 to 0.74 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 0.38, AMERISAFE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Insurance company?
The median Dividend Payout Ratio among Insurance companies is 0.38, based on 335 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AMERISAFE's current Dividend Payout Ratio of 0.93 is 144.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on AMERISAFE and its competitors. For the Insurance industry, the median Dividend Payout Ratio is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMERISAFE's current Dividend Payout Ratio is 0.93, which is 210% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMERISAFE stock overvalued right now?
Based on GuruFocus' analysis, AMERISAFE (STU:A3I) is currently considered Modestly Undervalued. The stock's GF Value™ is €34.00, compared to a current price of €25.66 — trading 24.5% below its estimated fair value. The current Dividend Payout Ratio is 0.93, which is 210% above median its 10-year median of 0.30 and 144.7% above the Insurance industry median of 0.38. AMERISAFE's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For AMERISAFE (STU:A3I), the current Dividend Payout Ratio is 0.93 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AMERISAFE (STU:A3I) Overvalued in 2026?

Based on GuruFocus' analysis, AMERISAFE stock appears to be undervalued. The current stock price of €25.66 is trading 24.5% below its estimated GF Value™ of €34.00. GuruFocus considers AMERISAFE to be Modestly Undervalued.

Key valuation signals for STU:A3I:

  • Dividend Payout Ratio: 0.93 (210% above median its 10-year median of 0.30)
  • GF Value™: €34.00 vs. price of €25.66 (24.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 144.7% above the Insurance median (#278 of 335)

No single metric tells the full story. See the STU:A3I stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AMERISAFE Business Description

Other Exchanges AMSF:USA
Address 2301 Highway 190 West, DeRidder, LA, USA, 70634
AMERISAFE Inc is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, manufacturing, maritime, and telecommunications. The company generates a majority of its revenue in the form of premiums. The Company operates as a single reportable segment, Insurance Operations.
71GF Score

Get the complete analysis for STU:A3I

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€25.66
Price
€34.00
GF Value