Donegal Group Inc.

NasdaqGS:DGIC.A Stock Report

Market Cap: US$445.9m

Donegal Group Dividend

Dividend criteria checks 5/6

Donegal Group is a dividend paying company with a current yield of 5.11%. Next payment date is on 22nd May, 2024 with an ex-dividend date of 7th May, 2024.

Key information

5.1%

Dividend yield

436%

Payout ratio

Industry average yield1.8%
Next dividend pay date22 May 24
Ex dividend date07 May 24
Dividend per sharen/a
Earnings per shareUS$0.16
Dividend yield forecast in 3Y5.2%

Recent dividend updates

Donegal Group (NASDAQ:DGIC.A) Has Announced A Dividend Of $0.17

Jul 25
Donegal Group (NASDAQ:DGIC.A) Has Announced A Dividend Of $0.17

Recent updates

Donegal Group (NASDAQ:DGIC.A) Has Announced A Dividend Of $0.17

Jul 25
Donegal Group (NASDAQ:DGIC.A) Has Announced A Dividend Of $0.17

Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.17

Apr 25
Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.17

Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.165

Jan 15
Donegal Group (NASDAQ:DGIC.A) Is Paying Out A Dividend Of $0.165

Donegal Group's (NASDAQ:DGIC.A) Dividend Will Be $0.165

Dec 27
Donegal Group's (NASDAQ:DGIC.A) Dividend Will Be $0.165

Donegal Group (NASDAQ:DGIC.A) Has Announced That It Will Be Increasing Its Dividend To US$0.17

Apr 25
Donegal Group (NASDAQ:DGIC.A) Has Announced That It Will Be Increasing Its Dividend To US$0.17

Here's Why I Think Donegal Group (NASDAQ:DGIC.A) Might Deserve Your Attention Today

May 24
Here's Why I Think Donegal Group (NASDAQ:DGIC.A) Might Deserve Your Attention Today

Donegal Group Inc. (NASDAQ:DGIC.A) Just Reported And Analysts Have Been Lifting Their Price Targets

Apr 28
Donegal Group Inc. (NASDAQ:DGIC.A) Just Reported And Analysts Have Been Lifting Their Price Targets

This Is Why Donegal Group Inc.'s (NASDAQ:DGIC.A) CEO Can Expect A Bump Up In Their Pay Packet

Apr 09
This Is Why Donegal Group Inc.'s (NASDAQ:DGIC.A) CEO Can Expect A Bump Up In Their Pay Packet

The Donegal Group (NASDAQ:DGIC.A) Share Price Is Up 27% And Shareholders Are Holding On

Mar 16
The Donegal Group (NASDAQ:DGIC.A) Share Price Is Up 27% And Shareholders Are Holding On

Could The Donegal Group Inc. (NASDAQ:DGIC.A) Ownership Structure Tell Us Something Useful?

Feb 24
Could The Donegal Group Inc. (NASDAQ:DGIC.A) Ownership Structure Tell Us Something Useful?

Donegal Group Inc. (NASDAQ:DGIC.A) Passed Our Checks, And It's About To Pay A US$0.15 Dividend

Jan 27
Donegal Group Inc. (NASDAQ:DGIC.A) Passed Our Checks, And It's About To Pay A US$0.15 Dividend

Is Donegal Group Inc. (NASDAQ:DGIC.A) A Smart Choice For Dividend Investors?

Jan 21
Is Donegal Group Inc. (NASDAQ:DGIC.A) A Smart Choice For Dividend Investors?

Improved Earnings Required Before Donegal Group Inc. (NASDAQ:DGIC.A) Shares Find Their Feet

Dec 26
Improved Earnings Required Before Donegal Group Inc. (NASDAQ:DGIC.A) Shares Find Their Feet

What Type Of Returns Would Donegal Group's(NASDAQ:DGIC.A) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Dec 05
What Type Of Returns Would Donegal Group's(NASDAQ:DGIC.A) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Upcoming Dividend Payment

TodayMay 02 2024Ex Dividend DateMay 07 2024Dividend Pay DateMay 22 202415 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: DGIC.A's dividends per share have been stable in the past 10 years.

Growing Dividend: DGIC.A's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Donegal Group Dividend Yield vs Market
How does DGIC.A dividend yield compare to the market?
SegmentDividend Yield
Company (DGIC.A)5.1%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Insurance)1.8%
Analyst forecast in 3 Years (DGIC.A)5.2%

Notable Dividend: DGIC.A's dividend (5.11%) is higher than the bottom 25% of dividend payers in the US market (1.56%).

High Dividend: DGIC.A's dividend (5.11%) is in the top 25% of dividend payers in the US market (4.82%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (436%), DGIC.A's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (80.6%), DGIC.A's dividend payments are covered by cash flows.


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