Mercury General Corporation Stock Dividends Overview

MCY pays dividends quarterly. Last paid amount was $0.318 at Mar 27, 2024. As of today, dividend yield (TTM) is 3.61%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.61%
Frequency Quarterly
1Y Growth -0.157%
Payout Ratio 0
Amount Per Share $0.318
Mercury General Corporation has not yet announced its next dividend date. Last payment date was: Mar 27, 2024.

MCY Dividend Payout History

To ensure a understanding of MCY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 12, 2024 Mar 12, 2024 Mar 27, 2024 $0.318 0.612%
2 Oct 31, 2023 Dec 13, 2023 Dec 28, 2023 $0.320 0.85%
3 Aug 01, 2023 Sep 13, 2023 Sep 28, 2023 $0.318 1.11%
4 May 02, 2023 Jun 14, 2023 Jun 29, 2023 $0.318 1.04%
5 Feb 14, 2023 Mar 14, 2023 Mar 29, 2023 $0.318 1.01%
6 Nov 01, 2022 Dec 14, 2022 Dec 29, 2022 $0.318 0.93%
7 Aug 02, 2022 Sep 14, 2022 Sep 29, 2022 $0.318 1.09%
8 May 03, 2022 Jun 15, 2022 Jun 30, 2022 $0.635 1.43%
9 Feb 15, 2022 Mar 15, 2022 Mar 30, 2022 $0.635 1.14%
10 Nov 02, 2021 Dec 15, 2021 Dec 30, 2021 $0.635 1.20%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (84.37%)

Growth potential

Stable (6.37%)

MCY Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MCY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MCY stock here.

Comparing MCY to Sector and Country

MCY pays a solid dividend yield of 3.61%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). MCY’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.

MCY Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
ASB
Associated Banc-Corp 3.244B $0.220 4.53% 87.73%
MCY
Mercury General Corporation 2.94B $0.318 3.61% 73.00%

FAQ

What factors can affect the amount of MCY's dividend payments?
The amount of MCY's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MCY sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MCY stock be automatically reinvested?
If MCY offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MCY stock.

How often does MCY pay dividend?
Mercury General Corporation (MCY) pays dividends quarterly. The most recent payout was on Mar 27, 2024.

How much does MCY pays per share?
The last recorder (Mar 12, 2024) dividend per share was $0.318.

What is MCY dividend growth rate?
Over the last year, Mercury General Corporation has witnessed growth rate of -0.157% . Looking back over the past 3 years, this growth rate has been -20.55%. Furthermore, examining the past 5 years, Mercury General Corporation has maintained an average Dividends Per Share Growth Rate of -12.75%.
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About Mercury General Corporation

Mercury General Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards... MCY Profile

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