Mercury General Corporation Stock Dividends
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
AI Analysis of MCY
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.61% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -0.157% |
| Payout Ratio | 0 |
| Amount Per Share | $0.318 |
| Next Ex-Dividend Date | Jun 13, 2024 |
| Next Payment Date | Jun 27, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MCY the purchase should be done within the next 22 days.
Here's a simple guide on how to buy MCY stock.
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Nov 02, 2021 | Dec 15, 2021 | Dec 30, 2021 | $0.635 | 1.20% |
| 12 | Aug 03, 2021 | Sep 15, 2021 | Sep 30, 2021 | $0.633 | 1.14% |
| 13 | May 04, 2021 | Jun 15, 2021 | Jun 30, 2021 | $0.633 | 0.97% |
| 14 | Feb 16, 2021 | Mar 16, 2021 | Mar 31, 2021 | $0.633 | 1.04% |
| 15 | Nov 03, 2020 | Dec 15, 2020 | Dec 30, 2020 | $0.633 | 1.22% |
| 16 | Aug 03, 2020 | Sep 14, 2020 | Sep 29, 2020 | $0.630 | 1.52% |
| 17 | May 04, 2020 | Jun 10, 2020 | Jun 25, 2020 | $0.630 | 1.55% |
| 18 | Feb 10, 2020 | Mar 16, 2020 | Mar 31, 2020 | $0.630 | 1.55% |
| 19 | Oct 28, 2019 | Dec 11, 2019 | Dec 26, 2019 | $0.630 | 1.31% |
| 20 | Jul 29, 2019 | Sep 11, 2019 | Sep 26, 2019 | $0.628 | 1.13% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
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 (1.83%). 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 (10.97%), which means that there are more attractive dividend stocks to consider.
MCY Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Associated Banc-Corp | 3.293B | $0.220 | 4.53% | 88.67% | |
| Mercury General Corporation | 3.244B | $0.318 | 3.61% | 32.69% |
