Mercury General Dividends and Buybacks
Dividend criteria checks 2/6
Mercury General is a dividend paying company with a current yield of 1.61% that is well covered by earnings. Next payment date is on 26th December, 2024 with an ex-dividend date of 12th December, 2024.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -3.7% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | €1.270 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCG's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mercury General Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCG) | 1.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Insurance) | 3.9% |
| Analyst forecast (MCG) (up to 3 years) | 1.6% |
Notable Dividend: MCG's dividend (1.61%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: MCG's dividend (1.61%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), MCG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.2%), MCG's dividend payments are thoroughly covered by cash flows.