Mercury General Corporation
MCYFinancial Services · Stock · quarterly payer
$97.55
Add to PortfolioForward Yield
1.30%
Annual Dividend
$1.27
Payout Ratio
8%
5-Yr Growth
-12.8%
Ex-Date
Jun 11, 2026
Frequency
Quarterly
MCY Dividend Safety Score
68/ 100
Grade B
Safe
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage8% of earnings paid out
Free-cash-flow coverage4% of free cash flow
Balance-sheet strengthDebt/equity of 0.23
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 MCY a good dividend stock?
Yes, with caveatsMercury General Corporation (MCY) pays a quarterly dividend yielding 1.30% ($1.27/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (8%)
- 52% total price return over 5 years
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 1.30%
- Payout Ratio
- 8%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- -12.8%
- Ex-Dividend Date
- Jun 11, 2026
- Years of Growth
- 2
- Frequency
- quarterly
- Beta
- 0.93
- Market Cap
- $5.4B
- P/E Ratio
- 6.4
- 5-Yr Total Return
- 52%
- 52-Week Range
- $62.25 – $103.86
- Dividend Safety
- B · 68/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 12, 2026 | — | $0.3180 | regular |
| Dec 10, 2025 | — | $0.3180 | regular |
| Sep 11, 2025 | — | $0.3180 | regular |
| Jun 12, 2025 | — | $0.3180 | regular |
| Mar 13, 2025 | — | $0.3180 | regular |
| Dec 12, 2024 | — | $0.3180 | regular |
| Sep 12, 2024 | — | $0.3180 | regular |
| Jun 13, 2024 | — | $0.3180 | regular |
| Mar 12, 2024 | — | $0.3180 | regular |
| Dec 13, 2023 | — | $0.3180 | regular |
| Sep 13, 2023 | — | $0.3180 | regular |
| Jun 14, 2023 | — | $0.3180 | regular |
| Mar 14, 2023 | — | $0.3180 | regular |
| Dec 14, 2022 | — | $0.3180 | regular |
Income Calculator
At $1.27 / yr per share
Per payment (quarterly)$31.75
Annual$127.00
Monthly avg$10.58
