Protective Insurance Corporation - Class B (nonvoting) (PTVCB) Dividends

Protective Insurance Corporation - Class B (nonvoting) (PTVCB)

Today's Latest Price: $14.15 USD

0.00 (0.00%)

Updated Dec 3 12:32pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 59 in Insurance - Property & Casualty

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, PTVCB's growth rate has been -0.15% over the past 5.75 years.
  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -11.63 -- higher than only 9.15% of other dividend issuers in the US.
  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that PTVCB has less fluctuation in its price than 95.54% of stocks we're observing.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PTVCB that may be suitable potential portfolio mates: TWIN, STON, SJM, FGBI and JE.
PTVCB Ex-Dividend Date
PTVCB Dividend Yield
2.83%
PTVCB Annual Dividend
$0.40
PTVCB Payout Ratio

PTVCB Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$14.15$10.66 -26.93%

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 PTVCB, the DDM model, as implemented by StockNews, implies a negative return of 26.93% relative to its current price. Digging deeper, the aspects of Protective Insurance Corp's dividend discount model that we found most interesting were:

  • Beta, a measure of volatility relative to the stock market overall, is lower for PTVCB than it is for 75.59% of other equities in the Financial Services sector that also issue dividends.
  • In terms of who is growing the amount of dividends they return to shareholders, Protective Insurance Corp has been increasing its dividends at a faster rate than 3.43% of US-listed dividend-issuing stocks we observed.
  • As other dividend issuers in the Financial Services sector, PTVCB's equity discount rate is less than 68.5% of those stocks.

PTVCB Dividend Chart


PTVCB Dividend History

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

PTVCB's dividend yield currently ranks #20 of 67 vs. its peers in the Insurance - Property & Casualty category.
Rank Symbol Name Dividend Yield
1 FNHC FedNat Holding Company 6.62%
2 UFCS United Fire Group, Inc 5.74%
3 MCY Mercury General Corporation 5.61%
4 UIHC United Insurance Holdings Corp. 5.30%
5 SAFT Safety Insurance Group, Inc. 4.98%
6 ORI Old Republic International Corporation 4.55%
7 UVE UNIVERSAL INSURANCE HOLDINGS INC 4.48%
8 DGICA Donegal Group, Inc. - 4.24%
9 CNA CNA Financial Corporation 4.15%
10 ANAT American National Insurance Company 3.81%
11 SLF Sun Life Financial Inc. 3.73%
12 GBLI Global Indemnity Limited - Class A Common Shares 3.66%
13 AIG American International Group, Inc. New 3.22%
14 AXS Axis Capital Holdings Limited 3.21%
15 HCI HCI Group, Inc. 3.06%
16 CINF Cincinnati Financial Corporation 3.00%
17 HMN Horace Mann Educators Corporation 2.99%
18 ARGO Argo Group International Holdings, Ltd. 2.97%
19 HIG Hartford Financial Services Group, Inc. (The) 2.86%
20 PTVCB Protective Insurance Corporation - Class B (nonvoting) 2.83%
21 PTVCA Protective Insurance Corporation - Class A (voting) 2.63%
22 EMCI EMC Insurance Group Inc. 2.55%
23 STFC State Auto Financial Corporation 2.55%
24 KINS Kingstone Companies, Inc 2.50%
25 AFSI AmTrust Financial Services, Inc. 2.43%
26 HRTG Heritage Insurance Holdings, Inc. 2.33%
27 THG Hanover Insurance Group Inc 2.27%
28 VR Validus Holdings, Ltd. 2.25%
29 AFG American Financial Group, Inc. 2.22%
30 ALL Allstate Corporation (The) 2.08%
31 CB Chubb Limited 2.04%
32 NSEC National Security Group, Inc. 2.00%
33 AMSF AMERISAFE, Inc. 1.98%
34 AHL Aspen Insurance Holdings Limited 1.68%
35 IPCC Infinity Property and Casualty Corporation 1.63%
36 KMPR Kemper Corporation 1.57%
37 SIGI Selective Insurance Group, Inc. 1.56%
38 XL XL Group Ltd. 1.54%
39 SNC State National Companies, Inc. 1.14%
40 RLI RLI Corp. (DE) 0.97%
41 WRB W.R. Berkley Corporation 0.71%
42 L Loews Corporation 0.59%
43 NGHC National General Holdings Corp 0.58%
44 PGR Progressive Corporation (The) 0.45%
45 NAVG The Navigators Group, Inc. 0.40%
46 WTM White Mountains Insurance Group, Ltd. 0.10%
47 AFH Atlas Financial Holdings, Inc. - Ordinary Shares 0.00%
48 MKL Markel Corporation 0.00%
49 GSHD Goosehead Insurance, Inc. - 0.00%
50 NODK NI Holdings, Inc. 0.00%
51 KFS Kingsway Financial Services, Inc. (DE) 0.00%
52 ESGR Enstar Group Limited - Ordinary Shares 0.00%
53 BRK.A Berkshire Hathaway Inc. 0.00%
54 BRK.B Berkshire Hathaway Inc. New 0.00%
55 Y Alleghany Corporation 0.00%
56 MHLD Maiden Holdings, Ltd. 0.00%
57 HALL Hallmark Financial Services, Inc. 0.00%
58 CNFR Conifer Holdings, Inc. 0.00%
59 UNAM Unico American Corporation 0.00%
60 LMND Lemonade Inc. 0.00%
61 PROS PROSIGHT GLOBAL, INC. 0.00%
62 ACGL Arch Capital Group Ltd. 0.00%
63 AWH Allied World Assurance Company Holdings, AG (Switzerland) 0.00%
64 MBI MBIA Inc. 0.00%
65 PIH 1347 Property Insurance Holdings, Inc. 0.00%
66 plmr Palomar Holdings, Inc. - Common stock 0.00%
67 BRK-A 0.00%

Looking for More Information on PTVCB dividends?

Here are a few links from around the web to help you further your research on Protective Insurance Corp and its dividends:

Protective Insurance Corp Common Stock (PTVCB) Dividend History | Nasdaq
Dividend History for Protective Insurance Corp (PTVCB) - Dividend Investor
Protective Insurance Corp (PTVCB) Dividend History - Seeking Alpha


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