Safety Insurance Group Stock Dividends
SAFT pays dividends quarterly. Last paid amount was $0.90 at Mar 15, 2024. As of today, dividend yield (TTM) is 4.80%.
Dividend Yield Range
AI Analysis of SAFT
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.80% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.90 |
| Next Ex-Dividend Date | Jun 03, 2024 |
| Next Payment Date | Jun 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SAFT the purchase should be done within the next 13 days.
Here's a simple guide on how to buy SAFT stock.
SAFT Dividend Payout History
To ensure a understanding of SAFT'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 | |
|---|---|---|---|---|---|
| 41 | Aug 06, 2014 | Aug 28, 2014 | Sep 15, 2014 | $0.700 | 1.30% |
| 42 | May 06, 2014 | May 29, 2014 | Jun 13, 2014 | $0.600 | 1.17% |
| 43 | Feb 14, 2014 | Feb 27, 2014 | Mar 14, 2014 | $0.600 | 1.12% |
| 44 | Nov 04, 2013 | Nov 27, 2013 | Dec 13, 2013 | $0.600 | 1.11% |
| 45 | Aug 07, 2013 | Aug 29, 2013 | Sep 13, 2013 | $0.600 | 1.17% |
| 46 | May 06, 2013 | May 30, 2013 | Jun 14, 2013 | $0.600 | 1.18% |
| 47 | Feb 15, 2013 | Feb 27, 2013 | Mar 15, 2013 | $0.600 | 1.24% |
| 48 | Nov 02, 2012 | Nov 29, 2012 | Dec 14, 2012 | $0.600 | 1.32% |
| 49 | Aug 01, 2012 | Aug 30, 2012 | Sep 14, 2012 | $0.600 | 1.31% |
| 50 | May 03, 2012 | May 30, 2012 | Jun 15, 2012 | $0.500 | 1.22% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SAFT Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SAFT 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 SAFT stock here.
Comparing SAFT to Sector and Country
SAFT pays a solid dividend yield of 4.80%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.82%). SAFT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.93%), which means that there are more attractive dividend stocks to consider.
SAFT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Brookline Bancorp | 805.385M | $0.135 | 5.73% | 58.41% | |
| OceanFirst Financial Corp. | 940.003M | $0.200 | 5.07% | 49.01% | |
| AMERISAFE | 888.438M | $0.370 | 5.05% | 152.17% | |
| Southside Bancshares | 850.697M | $0.360 | 4.84% | 52.92% | |
| Safety Insurance Group | 1.201B | $0.90 | 4.80% | 103.64% | |
| S&T Bancorp | 1.238B | $0.330 | 4.35% | 36.67% | |
| StepStone Group Inc. | 2.457B | $0.210 | 3.83% | 80.39% | |
| TriCo Bancshares | 1.276B | $0.330 | 3.49% | 37.42% | |
| City Holding Company | 1.545B | $0.720 | 2.86% | 34.30% | |
| First Bancorp | 1.328B | $0.220 | 2.79% | 31.63% | |
| 1st Source Corporation | 1.29B | $0.340 | 2.65% | 27.20% | |
| Merchants Bancorp | 1.857B | $0.0900 | 1.01% | 15.72% |
