Mercury General Dividends and Buybacks
Dividend criteria checks 3/6
Mercury General is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.270 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Mercury General: Turning Lead Into Gold
Oct 31It's A Story Of Risk Vs Reward With Mercury General Corporation (NYSE:MCY)
Oct 10
Mercury General: Very Cheap, And Expert Of Maximizing After-Tax Yield
Sep 20Cautious Investors Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Jun 07Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Mar 07Investors Holding Back On Mercury General Corporation (NYSE:MCY)
Jan 06Mercury General: From A Pariah To A Potential Candidate For Recovery
Nov 16Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175
Nov 04Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175
Aug 29Mercury General: Struggling Against Ongoing Headwinds
Aug 08Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175
Aug 05Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M
Feb 14Mercury General GAAP EPS of -$3.80, revenue of $785.6M
Aug 02Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
May 07Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
Feb 19Mercury General: Always No, Forever No
Jan 03With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting
Dec 31Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64
Nov 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCY's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Mercury General Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCY) | 1.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Insurance) | 2.0% |
| Analyst forecast (MCY) (up to 3 years) | 1.9% |
Notable Dividend: MCY's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MCY's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), MCY's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.2%), MCY's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 07:09 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mercury General Corporation is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alison Jacobowitz | BofA Global Research |
| Kenneth Billingsley | Compass Point Research & Trading, LLC |
| Charles Gates | Credit Suisse |