SmarterDividends
SAFT

Safety Insurance Group, Inc.

SAFT

Financial Services · Insurance - Property & Casualty · Stock · quarterly payer

$104.03

Overvalued · -53% Add to Portfolio

Forward Yield

3.54%

Annual Dividend

$3.68

Payout Ratio

79%

5-Yr Growth

0.2%

Ex-Date

Sep 1, 2026

Frequency

Quarterly

Key facts about SAFT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Safety Insurance Group, Inc. (SAFT) has a forward dividend yield of 3.54%, based on an annual dividend of $3.68 per share and a share price of $104.03.
  • As of Oct 18, 2026, SAFT's dividend safety grade from SmarterDividends is A (94 out of 100), which rates the dividend as very safe.
  • SAFT has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SAFT's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.92 per share.
  • As of Oct 18, 2026, SAFT pays out 79% of its trailing 12-month earnings as dividends (its payout ratio).
  • SAFT's dividend has grown at an average rate of 0.2% a year over the past five years.
  • As of Oct 18, 2026, SAFT's 3.54% yield is 22% below its five-year average yield of 4.53%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SAFT is $48.82 per share, 53% below the $104.03 share price, so SAFT screens as overvalued.
  • Safety Insurance Group, Inc. (SAFT) pays its dividend quarterly, 4 times a year.
  • Safety Insurance Group, Inc. (SAFT) has raised its regular dividend 11 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 2.2% increase to $0.920 per share, going ex-dividend on Sep 2, 2025.
Cite this page

SmarterDividends, "SAFT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SAFT

Summary

As of Oct 18, 2026, Safety Insurance Group, Inc. (SAFT) yields 3.54% ($3.68 a year per share) and has a dividend safety grade of A (94/100).

Is SAFT a good dividend stock?

Yes

Safety Insurance Group, Inc. (SAFT) pays a quarterly dividend yielding 3.54% ($3.68/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
3.54%
Payout Ratio
79%
Annual Dividend
$3.68
5-Yr Avg Growth
0.2%
Ex-Dividend Date
Sep 1, 2026
Years of Growth
1
Frequency
quarterly
Beta
0.17
Market Cap
$1.5B
P/E Ratio
22.3
5-Yr Total Return
35%
52-Week Range
$67.04 – $104.15
Dividend Safety
A · 94/100
Ever Cut?
No

SAFT dividend raises and cuts

Safety Insurance Group, Inc. (SAFT) has raised its regular dividend 11 times and cut it 0 times across the 95 payments on record since 2003. Its most recent change was a 2.2% increase to $0.920 per share, going ex-dividend on Sep 2, 2025.

Ex-dateChangeOld → newMove
Sep 2, 2025Raise$0.900 → $0.920+2.2%
Aug 30, 2019Raise$0.800 → $0.900+12.5%
Aug 30, 2017Raise$0.700 → $0.800+14.3%
Aug 28, 2014Raise$0.600 → $0.700+16.7%
Aug 30, 2012Raise$0.500 → $0.600+20.0%
Aug 30, 2010Raise$0.400 → $0.500+25.0%
Aug 29, 2007Raise$0.250 → $0.400+60.0%
Aug 30, 2006Raise$0.180 → $0.250+38.9%
Aug 30, 2005Raise$0.120 → $0.180+50.0%
Aug 30, 2004Raise$0.100 → $0.120+20.0%
Aug 27, 2003Raise$0.0700 → $0.100+42.9%
Every SAFT payment →Download every raise and cut (CSV)
SAFT ex-dividend date & scheduleNext ex-date Sep 1, 2026 · full ex-dividend historyView →SAFT dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SAFT a good dividend stock?

Yes. Safety Insurance Group, Inc. (SAFT) pays a quarterly dividend yielding 3.54% ($3.68/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is SAFT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SAFT's fair value is about $48.82 versus a $104.03 share price — so it looks overvalued (-53% vs. fair value).

Is SAFT's dividend safe?

SAFT has a dividend-safety grade of A (94/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SAFT's fair value?

Our blended fair-value estimate for SAFT is about $48.82 per share, about 53% below the current $104.03 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SAFT a buy, hold, or sell?

We don't issue formal ratings, but on the data SAFT screens as "yes" and overvalued. Safety Insurance Group, Inc. (SAFT) pays a quarterly dividend yielding 3.54% ($3.68/yr), with 1 year of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will SAFT cut its dividend?

SAFT earns a dividend-safety grade of A (94/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SAFT pay a dividend?

Yes. Safety Insurance Group, Inc. pays a quarterly dividend of about $3.68 per share annually, a forward yield of roughly 3.54%.

What is SAFT's dividend yield?

As of Oct 18, 2026, SAFT's forward dividend yield is 3.54%, based on a $3.68 annual dividend and a $104.03 share price.

What is SAFT's dividend per share?

As of Oct 18, 2026, SAFT pays $3.68 per share per year, distributed on a quarterly basis.

What is SAFT's dividend payout ratio?

As of Oct 18, 2026, SAFT's payout ratio is 79% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has SAFT grown its dividend?

As of Oct 18, 2026, SAFT has increased its dividend for 1 consecutive years.

When is the next SAFT ex-dividend date?

As of Oct 18, 2026, SAFT's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.92 per share.

Income Calculator

At $3.68 / yr per share

Per payment (quarterly)$92.00
Annual$368.00
Monthly avg$30.67

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