ProAssurance Corporation (PRA) Dividends

ProAssurance Corporation (PRA): $23.49

0.36 (+1.56%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • PRA has an EBITDA to net debt ratio of -1.54; for context, that's better than just 1.99% stocks in our set.
  • As for stocks whose price is uncorrelated with PRA's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: IVC, BAP, HCC, AWR and PAAS.
PRA Ex-Dividend Date
PRA Dividend Yield
0.85%
PRA Annual Dividend
$0.20
PRA Payout Ratio

PRA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$23.49$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 Chart


PRA Dividend History

Ex-Dividend Date Type Payout Amount Change
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PRA Dividends vs. Peers

PRA's dividend yield currently ranks #6 of 10 vs. its peers in the Insurance - Accident & Supplemental category.
Rank Symbol Name Dividend Yield
1 UNM Unum Group 3.46%
2 CNO CNO Financial Group, Inc. 2.87%
3 EIG Employers Holdings Inc 2.62%
4 AFL AFLAC Incorporated 2.55%
5 AIZ Assurant, Inc. 1.66%
6 PRA ProAssurance Corporation 0.86%
7 GTS Triple-S Management Corporation Class B 0.00%
8 GLRE Greenlight Reinsurance, Ltd. - Class A Ordinary Shares 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

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