Dividend On Watch: Will Dec 15, 2016 be the day Safety Insurance Group, Inc. (NASDAQ:SAFT) makes dividends of $0.70?

Dividend On Watch: Will Dec 15, 2016 be the day Safety Insurance Group, Inc. (NASDAQ:SAFT) makes dividends of $0.70?

Safety Insurance Group, Inc. (NASDAQ:SAFT) is expected to pay $0.70 on Dec 15, 2016. The indicated annual dividend is $2.80. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on Safety Insurance Group, Inc.’s current price of $71.10, the dividend is 0.98%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 2, 2016. The stock increased 0.21% or $0.15 on November 25, hitting $71.1. Safety Insurance Group, Inc. (NASDAQ:SAFT) has risen 28.85% since April 25, 2016 and is uptrending. It has outperformed by 22.84% the S&P500.

Safety Insurance Group, Inc. is a provider of personal lines property and casualty insurance focuses primarily on the Massachusetts market. The company has a market cap of $1.08 billion. The Firm provides private passenger automobile insurance. It has a 16.95 P/E ratio. In addition to private passenger automobile insurance, it offers a portfolio of property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella and business owner policies.

Insitutional Activity: The institutional sentiment increased to 1.91 in Q2 2016. Its up 0.31, from 1.6 in 2016Q1. The ratio is positive, as 5 funds sold all Safety Insurance Group, Inc. shares owned while 35 reduced positions. 13 funds bought stakes while 51 increased positions. They now own 11.98 million shares or 0.39% less from 12.03 million shares in 2016Q1.
Victory Management accumulated 575,475 shares or 0.14% of the stock. Endeavour Cap Advsr Incorporated last reported 4,530 shares in the company. State Common Retirement Fund accumulated 17,713 shares or 0% of the stock. Louisiana State Employees Retirement, a Louisiana-based fund reported 6,200 shares. Us Financial Bank De last reported 4,550 shares in the company. Profund Advisors Ltd Com holds 4,334 shares or 0.01% of its portfolio. The Massachusetts-based Martingale Asset Management L P has invested 0.01% in Safety Insurance Group, Inc. (NASDAQ:SAFT). Tower Cap Lc (Trc) holds 0.01% of its portfolio in Safety Insurance Group, Inc. (NASDAQ:SAFT) for 1,529 shares. Royal Savings Bank Of Canada holds 12,492 shares or 0% of its portfolio. Goldman Sachs Incorporated last reported 16,761 shares in the company. Parametric Portfolio Assoc Limited Co has 44,739 shares for 0% of their US portfolio. Bridgeway Capital Management owns 55,800 shares or 0.05% of their US portfolio. Moreover, Hancock Hldgs Company has 0.03% invested in Safety Insurance Group, Inc. (NASDAQ:SAFT) for 13,255 shares. Westwood Holdg has invested 0.05% of its portfolio in Safety Insurance Group, Inc. (NASDAQ:SAFT). Gilder Gagnon Howe Limited Liability Corp reported 38,382 shares or 0.05% of all its holdings.

Insider Transactions: Since September 9, 2016, the stock had 0 insider buys, and 2 sales for $1.35 million net activity. 20,000 shares were sold by BRUSSARD DAVID F, worth $1.33M on Friday, September 9. Another trade for 250 shares valued at $17,675 was sold by Narciso Paul J.

More news for Safety Insurance Group, Inc. (NASDAQ:SAFT) were recently published by: Insurancejournal.com, which released: “Safety Insurance CEO Brussard to Retire; Murphy Named Successor” on January 05, 2016. Nasdaq.com‘s article titled: “Ex-Dividend Reminder: Cathay General Bancorp, Safety Insurance Group and …” and published on August 26, 2016 is yet another important article.

SAFT Company Profile

Safety Insurance Group, Inc., incorporated on June 25, 2001, is a well-known provider of personal lines property and casualty insurance, which focuses on the Massachusetts market. The Firm provides private passenger automobile insurance. It also offers a portfolio of property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella and business owner policies. The Firm is engaged in property and casualty insurance operations. The Company’s product line includes private passenger automobile, commercial automobile, homeowners, business owners’ policies, commercial package policies, personal umbrella, dwelling fire, commercial umbrella, inland marine and watercraft. The Firm operates through its insurance firm subsidiaries, safety insurance company, safety indemnity insurance company, and safety property and casualty insurance company.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment