Mercury General Dividends and Buybacks
Dividend criteria checks 3/6
Mercury General is a dividend paying company with a current yield of 1.72% 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
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -3.7% |
| Next dividend pay date | 26 Dec 24 |
| Ex dividend date | 12 Dec 24 |
| 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 06Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?
Aug 31Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63
Aug 07Upcoming Dividend Payment
Stability 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) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (MCY) (up to 3 years) | 1.7% |
Notable Dividend: MCY's dividend (1.72%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: MCY's dividend (1.72%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.