ProAssurance Corporation (PRA) Dividends

ProAssurance Corporation (PRA): $23.45

0.29 (+1.25%)

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:
$23.45$6.85 -72.97%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PRA, the dividend discount model StockNews created for the company implies a negative return of 72.97%. 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, PRA provides shareholders with a dividend yield greater than 8.73% such stocks.
  • In comparison to other US listed dividend yielding stocks in the Financial Services sector, Proassurance Corp's expected return of -72.97% is higher than just 12.14% of its fellow sector mates.
  • 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 just 12.14% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Based on dividend growth rate, Proassurance Corp has been increasing its dividends at a faster rate than just 1.44% of US-listed dividend-issuing stocks we observed.

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 4.98%
2 EIG Employers Holdings Inc 2.56%
3 AFL AFLAC Incorporated 2.52%
4 CNO CNO Financial Group, Inc. 2.26%
5 AIZ Assurant, Inc. 1.65%
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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