Mercury General Corporation (MCY) Dividends
Dividend Yield and Dividend History Highlights
- If you're seeking price stability while collecting dividends, note that MCY has less volatility in its price than 91.24% of US stocks in our dividend set.
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MCY that may be suitable potential portfolio mates: CFFN, JKHY, MITT, UBA and BP.
MCY Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $54.10 | $741.47 | 1268.28% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. As for MCY, the DDM model generated by StockNews estimates a return of positive 1268.28% in comparison to its current price. Digging deeper, the aspects of Mercury General Corp's dividend discount model that we found most interesting were:
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Mercury General Corp's expected return of 1268.28% is higher than 95.91% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, MCY has a discount rate lower than 95.91% of them (a lower discount rate is associated with lower risk).
- Amongst its dividend-issuing peers in the mid-sized market cap category, MCY's beta -- a measure of volatility relative to the market at large -- is lower than 93.48% of them.
- In comparison to its fellow dividend issuing stocks in the Financial Services sector, Mercury General Corp has an equity discount rate lower than 96.89% of them.
MCY Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-03-12 | Dividend | $0.32 | -- |
| 2023-12-13 | Dividend | $0.32 | -- |
| 2023-09-13 | Dividend | $0.32 | -- |
| 2023-06-14 | Dividend | $0.32 | -- |
| 2023-03-14 | Dividend | $0.32 | -- |
| 2022-12-14 | Dividend | $0.32 | -- |
| 2022-09-14 | Dividend | $0.32 | -50.08% |
| 2022-06-15 | Dividend | $0.64 | -- |
| 2022-03-15 | Dividend | $0.64 | -- |
| 2021-12-15 | Dividend | $0.64 | +0.47% |
| 2021-09-15 | Dividend | $0.63 | -- |
| 2021-06-15 | Dividend | $0.63 | -- |
| 2021-03-16 | Dividend | $0.63 | -- |
| 2020-12-15 | Dividend | $0.63 | +0.32% |
| 2020-09-14 | Dividend | $0.63 | -- |
| 2020-06-10 | Dividend | $0.63 | -- |
| 2020-03-16 | Dividend | $0.63 | -- |
| 2019-12-11 | Dividend | $0.63 | +0.48% |
| 2019-09-11 | Dividend | $0.63 | -- |
| 2019-06-12 | Dividend | $0.63 | -- |
| 2019-03-13 | Dividend | $0.63 | -- |
| 2018-12-12 | Dividend | $0.63 | +0.32% |
| 2018-09-12 | Dividend | $0.63 | -- |
| 2018-06-13 | Dividend | $0.63 | -- |
| 2018-03-14 | Dividend | $0.63 | -- |
| 2017-12-13 | Dividend | $0.63 | +0.32% |
| 2017-09-13 | Dividend | $0.62 | -- |
| 2017-06-13 | Dividend | $0.62 | -- |
| 2017-03-14 | Dividend | $0.62 | -- |
| 2016-12-13 | Dividend | $0.62 | +0.48% |
| 2016-09-13 | Dividend | $0.62 | -- |
| 2016-06-14 | Dividend | $0.62 | -- |
| 2016-03-15 | Dividend | $0.62 | -- |
| 2015-12-11 | Dividend | $0.62 | +0.40% |
| 2015-09-08 | Dividend | $0.62 | -- |
| 2015-06-09 | Dividend | $0.62 | -- |
| 2015-03-13 | Dividend | $0.62 | -- |
| 2014-12-10 | Dividend | $0.62 | +0.41% |
| 2014-09-09 | Dividend | $0.62 | -- |
| 2014-06-10 | Dividend | $0.62 | -- |
| 2014-03-13 | Dividend | $0.62 | -- |
| 2013-12-10 | Dividend | $0.62 | +0.41% |
| 2013-09-10 | Dividend | $0.61 | -- |
| 2013-06-11 | Dividend | $0.61 | -- |
| 2013-03-12 | Dividend | $0.61 | -- |
| 2012-12-11 | Dividend | $0.61 | +0.41% |
| 2012-09-12 | Dividend | $0.61 | -- |
| 2012-06-12 | Dividend | $0.61 | -- |
| 2012-03-13 | Dividend | $0.61 | -- |
| 2011-12-13 | Dividend | $0.61 | +1.67% |
| 2011-09-14 | Dividend | $0.60 | -- |
| 2011-06-14 | Dividend | $0.60 | -- |
| 2011-03-14 | Dividend | $0.60 | -- |
| 2010-12-14 | Dividend | $0.60 | +1.69% |
| 2010-09-14 | Dividend | $0.59 | -- |
| 2010-06-11 | Dividend | $0.59 | -- |
| 2010-03-12 | Dividend | $0.59 | -- |
| 2009-12-14 | Dividend | $0.59 | +1.72% |
| 2009-09-14 | Dividend | $0.58 | -- |
| 2009-06-11 | Dividend | $0.58 | -- |
| 2009-03-12 | Dividend | $0.58 | -- |
| 2008-12-12 | Dividend | $0.58 | -- |
| 2008-09-11 | Dividend | $0.58 | -- |
| 2008-06-11 | Dividend | $0.58 | -- |
| 2008-03-13 | Dividend | $0.58 | +11.54% |
| 2007-12-12 | Dividend | $0.52 | -- |
| 2007-09-12 | Dividend | $0.52 | -- |
| 2007-06-13 | Dividend | $0.52 | -- |
| 2007-03-13 | Dividend | $0.52 | +8.33% |
| 2006-12-13 | Dividend | $0.48 | -- |
| 2006-09-13 | Dividend | $0.48 | -- |
| 2006-06-13 | Dividend | $0.48 | -- |
| 2006-03-13 | Dividend | $0.48 | +11.63% |
| 2005-12-13 | Dividend | $0.43 | -- |
| 2005-09-13 | Dividend | $0.43 | -- |
| 2005-06-13 | Dividend | $0.43 | -- |
| 2005-03-11 | Dividend | $0.43 | +16.22% |
| 2004-12-13 | Dividend | $0.37 | -- |
| 2004-09-13 | Dividend | $0.37 | -- |
| 2004-06-14 | Dividend | $0.37 | -- |
| 2004-03-11 | Dividend | $0.37 | +12.12% |
| 2003-12-11 | Dividend | $0.33 | -- |
| 2003-09-10 | Dividend | $0.33 | -- |
| 2003-06-11 | Dividend | $0.33 | -- |
| 2003-03-13 | Dividend | $0.33 | +10.00% |
| 2002-12-11 | Dividend | $0.30 | -- |
| 2002-09-11 | Dividend | $0.30 | -- |
| 2002-06-12 | Dividend | $0.30 | -- |
| 2002-03-13 | Dividend | $0.30 | +13.21% |
| 2001-12-12 | Dividend | $0.27 | -- |
| 2001-06-13 | Dividend | $0.27 | -- |
| 2001-03-13 | Dividend | $0.27 | +10.42% |
| 2000-12-12 | Dividend | $0.24 | -- |
| 2000-09-12 | Dividend | $0.24 | -- |
| 2000-06-13 | Dividend | $0.24 | -- |
| 2000-03-13 | Dividend | $0.24 | +14.29% |
| 1999-12-13 | Dividend | $0.21 | -- |
| 1999-09-14 | Dividend | $0.21 | -- |
| 1999-06-14 | Dividend | $0.21 | -- |
| 1999-03-15 | Dividend | $0.21 | +20.00% |
| 1998-12-11 | Dividend | $0.18 | -- |
| 1998-09-11 | Dividend | $0.18 | -- |
| 1998-06-12 | Dividend | $0.18 | -- |
| 1998-03-12 | Dividend | $0.18 | +20.69% |
| 1997-12-12 | Dividend | $0.15 | +100.00% |
| 1997-10-10 | Split | 2-1-for-1 Stock Split | N/A |
| 1997-09-12 | Dividend | $0.15 | -- |
| 1997-06-12 | Dividend | $0.15 | -- |
| 1997-03-13 | Dividend | $0.15 | +20.83% |
| 1996-12-11 | Dividend | $0.12 | -- |
| 1996-09-12 | Dividend | $0.12 | -- |
| 1996-06-11 | Dividend | $0.12 | -- |
| 1996-03-13 | Dividend | $0.12 | +20.00% |
| 1995-12-12 | Dividend | $0.10 | -- |
| 1995-09-13 | Dividend | $0.10 | -- |
| 1995-06-13 | Dividend | $0.10 | -- |
| 1995-03-09 | Dividend | $0.10 | +14.29% |
| 1994-12-09 | Dividend | $0.09 | -- |
| 1994-09-09 | Dividend | $0.09 | -- |
| 1994-06-09 | Dividend | $0.09 | -- |
| 1994-03-09 | Dividend | $0.09 | +16.67% |
| 1993-12-09 | Dividend | $0.08 | -- |
| 1993-09-09 | Dividend | $0.08 | -- |
| 1993-06-09 | Dividend | $0.08 | -- |
| 1993-03-10 | Dividend | $0.08 | +20.00% |
| 1992-12-09 | Dividend | $0.06 | +100.00% |
| 1992-09-14 | Split | 2-1-for-1 Stock Split | N/A |
| 1992-09-09 | Dividend | $0.06 | -- |
| 1992-06-09 | Dividend | $0.06 | -- |
| 1992-03-10 | Dividend | $0.06 | +25.00% |
| 1991-12-09 | Dividend | $0.05 | -- |
| 1991-09-06 | Dividend | $0.05 | +33.33% |
| 1990-06-11 | Dividend | $0.04 | -- |
MCY Dividends vs. Peers
MCY's dividend yield currently ranks #84 of 86 vs. its peers in the Insurance - Property & Casualty category.
Looking for More Information on MCY dividends?
Want to see what other sources are saying about Mercury General Corp's dividends? Try the links below:Mercury General Corp Common Stock (MCY) Dividend History | Nasdaq
Dividend History for Mercury General Corp (MCY) - Dividend Investor
Mercury General Corp (MCY) Dividend History - Seeking Alpha