United Fire Group Dividends and Buybacks
Dividend criteria checks 3/6
United Fire Group is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
2.2%
Dividend yield
0.003%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 1.1% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$0.640 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
The Market Lifts United Fire Group, Inc. (NASDAQ:UFCS) Shares 28% But It Can Do More
Nov 07
Market Might Still Lack Some Conviction On United Fire Group, Inc. (NASDAQ:UFCS) Even After 28% Share Price Boost
Nov 07United Fire Group: Underwriting Results On An Upswing
Apr 24United Fire Group (NASDAQ:UFCS) Has Affirmed Its Dividend Of $0.16
Feb 29United Fire Group (NASDAQ:UFCS) Is Paying Out A Dividend Of $0.16
Nov 23United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
Aug 24United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
May 22United Fire Group COO to retire
Aug 16United Fire Non-GAAP EPS of $0.24, Net premiums earned of $231.2M
Aug 04United Fire Group appoints president and CEO
Jul 07United Fire Group: Turnaround Could Lead To Re-Rate
Jun 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: UFCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: UFCS's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| United Fire Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (UFCS) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (UFCS) (up to 3 years) | 2.2% |
Notable Dividend: UFCS's dividend (2.15%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: UFCS's dividend (2.15%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), UFCS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), UFCS's dividend payments are thoroughly covered by cash flows.