Safety Insurance Group, Inc. (SAFT) Dividends

Safety Insurance Group, Inc. (SAFT): $80.91

2.04 (+2.59%)

POWR Rating

Component Grades

Momentum

B

Stability

B

Sentiment

Quality

C

Dividend Yield and Dividend History Highlights

  • SAFT has a compound annual growth rate of its cash flow of 0.45%, higher than about 91.51% stocks in our dividend set.
  • SAFT's free cash flow has increased for the 4th quarter in a row.
  • As for stocks whose price is uncorrelated with SAFT's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: CLWT, ALCO, EDUC, CANG and AQN.
SAFT Ex-Dividend Date
SAFT Dividend Yield
4.56%
SAFT Annual Dividend
$3.60
SAFT Payout Ratio

SAFT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$80.91$2488.2 2689.15%

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. In the case of SAFT, the dividend discount model StockNews created for the company implies a positive return of 2689.15%. Digging deeper, the aspects of Safety Insurance Group Inc's dividend discount model that we found most interesting were:

  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, the expected return of 2689.15%, based on the stock's current share price and target price based on a dividend discount model, is greater than 98.83% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, Safety Insurance Group Inc bears a discount rate, according to our calculations, lower than 98.83% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Safety Insurance Group Inc's market cap of $1 billion US dollars puts it in the small-sized market cap class; here, it has a lower equity discount rate than 99.07% of stocks.
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Safety Insurance Group Inc, its beta is lower than 93.45% of dividend issuing stocks we observed.


SAFT Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-02-29Dividend$0.90--
2023-11-30Dividend$0.90--
2023-08-31Dividend$0.90--
2023-05-31Dividend$0.90--
2023-02-28Dividend$0.90--
2022-11-30Dividend$0.90--
2022-08-31Dividend$0.90--
2022-05-31Dividend$0.90--
2022-02-28Dividend$0.90--
2021-11-30Dividend$0.90--
2021-08-31Dividend$0.90--
2021-05-28Dividend$0.90--
2021-03-04Dividend$0.90--
2020-11-30Dividend$0.90--
2020-08-31Dividend$0.90--
2020-05-29Dividend$0.90--
2020-02-28Dividend$0.90--
2019-11-29Dividend$0.90--
2019-08-30Dividend$0.90+12.50%
2019-05-31Dividend$0.80--
2019-02-28Dividend$0.80--
2018-11-30Dividend$0.80--
2018-08-31Dividend$0.80--
2018-05-31Dividend$0.80--
2018-02-28Dividend$0.80--
2017-11-30Dividend$0.80--
2017-08-30Dividend$0.80+14.29%
2017-05-30Dividend$0.70--
2017-02-27Dividend$0.70--
2016-11-29Dividend$0.70--
2016-08-30Dividend$0.70--
2016-05-27Dividend$0.70--
2016-02-26Dividend$0.70--
2015-11-27Dividend$0.70--
2015-08-28Dividend$0.70--
2015-05-28Dividend$0.70--
2015-02-26Dividend$0.70--
2014-11-26Dividend$0.70--
2014-08-28Dividend$0.70+16.67%
2014-05-29Dividend$0.60--
2014-02-27Dividend$0.60--
2013-11-27Dividend$0.60--
2013-08-29Dividend$0.60--
2013-05-30Dividend$0.60--
2013-02-27Dividend$0.60--
2012-11-29Dividend$0.60--
2012-08-30Dividend$0.60+20.00%
2012-05-30Dividend$0.50--
2012-02-28Dividend$0.50--
2011-11-29Dividend$0.50--
2011-08-30Dividend$0.50--
2011-05-27Dividend$0.50--
2011-02-25Dividend$0.50--
2010-11-29Dividend$0.50--
2010-08-30Dividend$0.50+25.00%
2010-05-27Dividend$0.40--
2010-02-25Dividend$0.40--
2009-11-27Dividend$0.40--
2009-08-28Dividend$0.40--
2009-05-28Dividend$0.40--
2009-02-26Dividend$0.40--
2008-11-26Dividend$0.40--
2008-08-28Dividend$0.40--
2008-05-29Dividend$0.40--
2008-02-28Dividend$0.40--
2007-11-29Dividend$0.40--
2007-08-29Dividend$0.40+60.00%
2007-05-30Dividend$0.25--
2007-02-27Dividend$0.25--
2006-11-29Dividend$0.25--
2006-08-30Dividend$0.25+38.89%
2006-05-30Dividend$0.18--
2006-02-27Dividend$0.18--
2005-11-29Dividend$0.18--
2005-08-30Dividend$0.18+50.00%
2005-05-27Dividend$0.12--
2005-02-25Dividend$0.12--
2004-11-29Dividend$0.12--
2004-08-30Dividend$0.12+20.00%
2004-05-27Dividend$0.10--
2004-02-26Dividend$0.10--
2003-11-26Dividend$0.10--
2003-08-27Dividend$0.10+42.86%
2003-05-29Dividend$0.07--
2003-02-27Dividend$0.07--


SAFT Dividends vs. Peers

SAFT's dividend yield currently ranks #83 of 86 vs. its peers in the Insurance - Property & Casualty category.
Rank Symbol Name Dividend Yield
1 AFG American Financial Group, Inc. 0.00%
2 AFH Atlas Financial Holdings, Inc. - Ordinary Shares 0.00%
3 UFGSY Unipol Gruppo S.p.A. 0.00%
4 RSNAY RSA Insurance Group plc 0.00%
5 VNRFY Vienna Insurance Group AG Wiener Versicherung Gruppe 0.00%
6 AFSI AmTrust Financial Services, Inc. 0.00%
7 ARGO Argo Group International Holdings, Ltd. 0.00%
8 VR Validus Holdings, Ltd. 0.00%
9 NGHC National General Holdings Corp 0.00%
10 NGHCO National General Holdings Corp. Dep. Pfd. 0.00%
11 SAXPY Sampo Oyj Series A ADR 0.00%
12 HCI HCI Group, Inc. 0.00%
13 ROOT Root Inc. Cl A 0.00%
14 AHL Aspen Insurance Holdings Limited 0.00%
15 NSEC National Security Group, Inc. 0.00%
16 THG Hanover Insurance Group Inc 0.00%
17 AIG American International Group, Inc. New 0.00%
18 MSADY MS&AD Insurance Group Holdings Inc. ADR 0.00%
19 IFCZF Intact Financial Corporation 0.00%
20 HIG Hartford Financial Services Group Inc. 0.00%
21 MKL Markel Corporation 0.00%
22 EMCI EMC Insurance Group Inc. 0.00%
23 GBLI Global Indemnity Limited - Class A Common Shares 0.00%
24 GSHD Goosehead Insurance, Inc. - 0.00%
25 AMIGY Admiral Group plc 0.00%
26 NODK NI Holdings, Inc. 0.00%
27 ALL Allstate Corp. 0.00%
28 HMN Horace Mann Educators Corporation 0.00%
29 AMSF AMERISAFE, Inc. 0.00%
30 PTVCA Protective Insurance Corporation - Class A (voting) 0.00%
31 SIGI Selective Insurance Group, Inc. 0.00%
32 PTVCB Protective Insurance Corporation - Class B (nonvoting) 0.00%
33 KFS Kingsway Financial Services, Inc. (DE) 0.00%
34 CNA CNA Financial Corp. 0.00%
35 ANAT American National Insurance Company 0.00%
36 SLF Sun Life Financial Inc. 0.00%
37 IPCC Infinity Property and Casualty Corporation 0.00%
38 WRB W.R. Berkley Corp. 0.00%
39 KMPR Kemper Corporation 0.00%
40 ESGR Enstar Group Limited - Ordinary Shares 0.00%
41 HRTG Heritage Insurance Holdings, Inc. 0.00%
42 WTM White Mountains Insurance Group, Ltd. 0.00%
43 TRV Travelers Cos. Inc. 0.00%
44 SNC State National Companies, Inc. 0.00%
45 plmr Palomar Holdings, Inc. - Common stock 0.00%
46 FRFHF Fairfax Financial Holdings Ltd. 0.00%
47 BRK.A Berkshire Hathaway Inc. CI A 0.00%
48 BRK.B Berkshire Hathaway Inc. New 0.00%
49 L Loews Corp. 0.00%
50 Y Alleghany Corporation 0.00%
51 TKOMY Tokio Marine Holdings Inc. ADR 0.00%
52 MHLD Maiden Holdings, Ltd. 0.00%
53 UFCS United Fire Group, Inc 0.00%
54 UIHC United Insurance Holdings Corp. 0.00%
55 HALL Hallmark Financial Services, Inc. 0.00%
56 BRK-A 0.00%
57 CNFR Conifer Holdings, Inc. 0.00%
58 SKWD Skyward Specialty Insurance Group Inc. 0.00%
59 UNAM Unico American Corporation 0.00%
60 WTRE Watford Holdings Ltd. 0.00%
61 ORI Old Republic International Corporation 0.00%
62 LMND Lemonade Inc. 0.00%
63 GMICF Genworth MI Canada Inc. 0.00%
64 HGTY Hagerty, Inc. 0.00%
65 KINS Kingstone Companies, Inc 0.00%
66 PROS PROSIGHT GLOBAL, INC. 0.00%
67 DGICA Donegal Group, Inc. - 0.00%
68 STFC State Auto Financial Corporation 0.00%
69 CB Chubb Ltd. 0.00%
70 ACGL Arch Capital Group Ltd. 0.00%
71 RLI RLI Corp. 0.00%
72 UVE UNIVERSAL INSURANCE HOLDINGS INC 0.00%
73 AXS Axis Capital Holdings Limited 0.00%
74 QBIEY QBE Insurance Group Limited 0.00%
75 AGESY Ageas N.V. ADR 0.00%
76 FNHC FedNat Holding Company 0.00%
77 MBI MBIA Inc. 0.00%
78 CINF Cincinnati Financial Corp. 0.00%
79 DIISY Direct Line Insurance Group plc 0.00%
80 NAVG The Navigators Group, Inc. 0.00%
81 PIH 1347 Property Insurance Holdings, Inc. 0.00%
82 ALIZY Allianz SE ADR 0.00%
83 SAFT Safety Insurance Group, Inc. 0.00%
84 MCY Mercury General Corporation 0.00%
85 HIPO Hippo Holdings Inc. 0.00%
86 PGR Progressive Corp. 0.00%

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