ProAssurance Corporation (PRA) Dividends
Dividend Yield and Dividend History Highlights
PRA Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $14.58 | $11.15 | -56.01% |
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. Regarding Proassurance Corp, the dividend discount model StockNews created for the company implies a negative return of 56.01%. Digging deeper, the aspects of Proassurance Corp's dividend discount model that we found most interesting were:
- As for its position relative to other Financial Services stocks that issue dividends, Proassurance Corp offers a higher dividend yield than 7.59% of them.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Proassurance Corp's expected return of -56.01% is higher than just 18.29% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, Proassurance Corp bears a discount rate, according to our calculations, lower than just 18.29% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- In terms of who is growing the amount of dividends they return to shareholders, PRA boasts a higher growth rate in terms of its annual cash distributed to its owners than just 1.78% of the dividend issuers in our set.
PRA Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2023-03-28 | Dividend | $0.05 | -- |
| 2022-12-21 | Dividend | $0.05 | -- |
| 2022-09-28 | Dividend | $0.05 | -- |
| 2022-06-14 | Dividend | $0.05 | -- |
| 2022-03-23 | Dividend | $0.05 | -- |
| 2021-12-21 | Dividend | $0.05 | -- |
| 2021-09-23 | Dividend | $0.05 | -- |
| 2021-06-28 | Dividend | $0.05 | -- |
| 2021-03-25 | Dividend | $0.05 | -- |
| 2020-12-21 | Dividend | $0.05 | -- |
| 2020-09-23 | Dividend | $0.05 | -- |
| 2020-06-10 | Dividend | $0.05 | -83.87% |
| 2020-03-26 | Dividend | $0.31 | -- |
| 2019-12-26 | Dividend | $0.31 | -- |
| 2019-09-26 | Dividend | $0.31 | -- |
| 2019-06-13 | Dividend | $0.31 | -- |
| 2019-03-28 | Dividend | $0.31 | -61.73% |
| 2018-12-20 | Dividend | $0.81 | +161.29% |
| 2018-09-27 | Dividend | $0.31 | -- |
| 2018-06-21 | Dividend | $0.31 | -- |
| 2018-03-28 | Dividend | $0.31 | -93.80% |
| 2017-12-20 | Dividend | $5.00 | +1,512.90% |
| 2017-09-28 | Dividend | $0.31 | -- |
| 2017-06-23 | Dividend | $0.31 | -- |
| 2017-03-28 | Dividend | $0.31 | -93.80% |
| 2016-12-21 | Dividend | $5.00 | +1,512.90% |
| 2016-09-26 | Dividend | $0.31 | -- |
| 2016-06-22 | Dividend | $0.31 | -- |
| 2016-03-28 | Dividend | $0.31 | -76.34% |
| 2015-12-22 | Dividend | $1.31 | +322.58% |
| 2015-09-22 | Dividend | $0.31 | -- |
| 2015-06-23 | Dividend | $0.31 | -- |
| 2015-03-24 | Dividend | $0.31 | -89.53% |
| 2014-12-26 | Dividend | $2.96 | +886.67% |
| 2014-09-24 | Dividend | $0.30 | -- |
| 2014-06-25 | Dividend | $0.30 | -- |
| 2014-03-26 | Dividend | $0.30 | -- |
| 2013-12-24 | Dividend | $0.30 | +20.00% |
| 2013-09-25 | Dividend | $0.25 | -- |
| 2013-06-25 | Dividend | $0.25 | -- |
| 2013-03-27 | Dividend | $0.25 | -90.91% |
| 2012-12-28 | Split | 2-1-for-1 Stock Split | N/A |
| 2012-12-13 | Dividend | $5.50 | +2,100.00% |
| 2012-09-25 | Dividend | $0.25 | -- |
| 2012-06-25 | Dividend | $0.25 | -- |
| 2012-03-27 | Dividend | $0.25 | -- |
| 2011-12-22 | Dividend | $0.25 | -- |
| 2011-09-27 | Dividend | $0.25 | -- |
| 1998-12-30 | Split | ||
| 1997-09-23 | Split |
PRA Dividends vs. Peers
PRA's dividend yield currently ranks #4 of 10 vs. its peers in the Insurance - Accident & Supplemental category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | GTS | Triple-S Management Corporation Class B | 0.00% |
| 2 | AFL | AFLAC Incorporated | 0.00% |
| 3 | AIZ | Assurant Inc. | 0.00% |
| 4 | PRA | ProAssurance Corporation | 0.00% |
| 5 | CNO | CNO Financial Group, Inc. | 0.00% |
| 6 | GLRE | Greenlight Reinsurance, Ltd. - Class A Ordinary Shares | 0.00% |
| 7 | EIG | Employers Holdings Inc | 0.00% |
| 8 | UNM | Unum Group | 0.00% |
| 9 | MILE | Metromile Inc. | 0.00% |
| 10 | BLHEY | Bâloise Holding AG | 0.00% |
Looking for More Information on PRA dividends?
Here are a few links from around the web to help you further your research on Proassurance Corp and its dividends:Proassurance Corp Common Stock (PRA) Dividend History | Nasdaq
Dividend History for Proassurance Corp (PRA) - Dividend Investor
Proassurance Corp (PRA) Dividend History - Seeking Alpha