ProAssurance Corporation (PRA) Dividends

ProAssurance Corporation (PRA): $23.74

0.07 (+0.30%)

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
0.84%
PRA Annual Dividend
$0.20
PRA Payout Ratio

PRA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$23.74$8.64 -65.47%

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 PRA, the DDM model, as implemented by StockNews, implies a negative return of 65.47% relative to its current price. To help understand and contextualize the model's evaluation of PRA, investors may wish to consider are:

  • In comparison to other stocks in the Financial Services sector, Proassurance Corp offers a higher dividend yield than 9.85% of them.
  • In comparison to other US listed dividend yielding stocks in the Financial Services sector, the expected return of -65.47%, based on the stock's current share price and target price based on a dividend discount model, is greater than merely 17.18% of the DDM-forecasted return of its its sector peers.
  • Out of all stocks in our universe of US-listed dividend-issuing stocks, Proassurance Corp bears a discount rate, according to our calculations, lower than merely 17.18% 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 merely 2.04% 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 4.50%
2 EIG Employers Holdings Inc 2.56%
3 AFL AFLAC Incorporated 2.13%
4 CNO CNO Financial Group, Inc. 2.09%
5 AIZ Assurant, Inc. 1.82%
6 PRA ProAssurance Corporation 0.84%
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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