Donegal Group Dividend
Dividend criteria checks 5/6
Donegal Group is a dividend paying company with a current yield of 5.17%. Next payment date is on 22nd May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
5.2%
Dividend yield
436%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$0.16 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Is It Smart To Buy Donegal Group Inc. (NASDAQ:DGIC.B) Before It Goes Ex-Dividend?
Oct 26
What Kind Of Shareholders Hold The Majority In Donegal Group Inc.'s (NASDAQ:DGIC.B) Shares?
Oct 09Would Shareholders Who Purchased Donegal Group's (NASDAQ:DGIC.B) Stock Year Be Happy With The Share price Today?
Sep 13What Can We Make Of Donegal Group's (NASDAQ:DGIC.B) CEO Compensation?
Aug 21Donegal Group Inc. (NASDAQ:DGIC.B) Passed Our Checks, And It's About To Pay A US$0.13 Dividend
Jul 26
Donegal Group Inc.'s (NASDAQ:DGIC.B) 4.3% Dividend Yield Looks Pretty Interesting
Jul 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DGIC.B's dividends per share have been stable in the past 10 years.
Growing Dividend: DGIC.B's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Donegal Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DGIC.B) | 5.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Insurance) | 1.8% |
| Analyst forecast in 3 Years (DGIC.B) | 5.3% |
Notable Dividend: DGIC.B's dividend (5.17%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: DGIC.B's dividend (5.17%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (436%), DGIC.B'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.B's dividend payments are covered by cash flows.