Mercury General Dividend
Dividend criteria checks 3/6
Mercury General is a dividend paying company with a current yield of 2.31% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 13th June, 2024.
Key information
2.3%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.88 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Mar 07
Investors 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 07Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation
May 05Mercury General EPS beats by $0.09, misses on net premiums earned
May 04Mercury General Corporation Is Priced For Perfection
Apr 26Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock
Apr 05Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?
Mar 17Here's What We Like About Mercury General's (NYSE:MCY) Upcoming Dividend
Mar 11The Attractive Combination That Could Earn Mercury General Corporation (NYSE:MCY) A Place In Your Dividend Portfolio
Mar 09Mercury General Corporation's (NYSE:MCY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 19
Upcoming 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) | 2.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Insurance) | 1.8% |
| Analyst forecast in 3 Years (MCY) | 2.3% |
Notable Dividend: MCY's dividend (2.31%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: MCY's dividend (2.31%) is low compared to the top 25% of dividend payers in the US market (4.72%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.7%), MCY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), MCY's dividend payments are thoroughly covered by cash flows.