SmarterDividends
DGICA

Donegal Group Inc.

DGICA22 yrs growth

Financial Services · Stock · quarterly payer

Forward Yield

4.60%

Annual Dividend

$0.77

Payout Ratio

41%

5-Yr Growth

4.1%

Ex-Date

May 1, 2026

Frequency

Quarterly

DGICA Dividend Safety Score

95/ 100
Grade A

Very Safe

Dividend-growth streak21 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage41% of earnings paid out
Free-cash-flow coverage51% of free cash flow
Balance-sheet strengthDebt/equity of 0.05
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is DGICA a good dividend stock?

Yes

Donegal Group Inc. (DGICA) pays a quarterly dividend yielding 4.60% ($0.77/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 22 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (41%)
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
4.60%
Payout Ratio
41%
Annual Dividend
$0.77
5-Yr Avg Growth
4.1%
Ex-Dividend Date
May 1, 2026
Years of Growth
22
Frequency
quarterly
Beta
-0.01
Market Cap
$619.5M
P/E Ratio
9.4
5-Yr Total Return
17%
52-Week Range
$16.11 – $21.06
Dividend Safety
A · 95/100
Ever Cut?
No
DGICA ex-dividend date & scheduleNext ex-date May 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.77 / yr per share

Per payment (quarterly)$19.25
Annual$77.00
Monthly avg$6.42