ProAssurance Corporation (PRA) Dividends

ProAssurance Corporation (PRA): $23.45

-0.24 (-1.01%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, PRA's growth rate has been -0.32% over the past 5.76 years.
  • PRA has an EBITDA to net debt ratio of -1.54; for context, that's better than just 2.03% stocks in our set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with PRA's price: NEU, APD, GSHD, SAP and XLNX.
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$20.58 18.9%

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. As for PRA, the DDM model, as implemented by StockNews, implies a positive return of 18.9% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Proassurance Corp are:

  • As for its position relative to other Financial Services stocks that issue dividends, PRA provides shareholders with a dividend yield greater than merely 12.6% such stocks.
  • PRA's market cap of approximately $953 million makes it a mid-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than 78.19% of them.
  • In terms of who is growing the amount of dividends they return to shareholders, Proassurance Corp has been increasing its dividends at a faster rate than merely 10.88% 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 4.09%
2 AFL AFLAC Incorporated 2.50%
3 EIG Employers Holdings Inc 2.36%
4 CNO CNO Financial Group, Inc. 2.23%
5 AIZ Assurant, Inc. 1.71%
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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