Safety Insurance Group, Inc.
SAFT22 yrs growthFinancial Services · Stock · quarterly payer
$68.34
Add to PortfolioForward Yield
5.38%
Annual Dividend
$3.68
Payout Ratio
87%
5-Yr Growth
0.2%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
SAFT Dividend Safety Score
91/ 100
Grade A
Very Safe
Dividend-growth streak22 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage87% of earnings paid out
Free-cash-flow coverage32% of free cash flow
Balance-sheet strengthDebt/equity of 0.07
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 SAFT a good dividend stock?
YesSafety Insurance Group, Inc. (SAFT) pays a quarterly dividend yielding 5.38% ($3.68/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
- Top-tier dividend safety score
Risks
- Elevated payout ratio (87%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.38%
- Payout Ratio
- 87%
- Annual Dividend
- $3.68
- 5-Yr Avg Growth
- 0.2%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 22
- Frequency
- quarterly
- Beta
- 0.23
- Market Cap
- $1.0B
- P/E Ratio
- 16.2
- 5-Yr Total Return
- -11%
- 52-Week Range
- $67.04 – $81.49
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.9200 | regular |
| Mar 2, 2026 | — | $0.9200 | regular |
| Dec 1, 2025 | — | $0.9200 | regular |
| Sep 2, 2025 | — | $0.9200 | regular |
| Jun 2, 2025 | — | $0.9000 | regular |
| Mar 3, 2025 | — | $0.9000 | regular |
| Dec 2, 2024 | — | $0.9000 | regular |
| Sep 3, 2024 | — | $0.9000 | regular |
| Jun 3, 2024 | — | $0.9000 | regular |
| Feb 29, 2024 | — | $0.9000 | regular |
| Nov 30, 2023 | — | $0.9000 | regular |
| Aug 31, 2023 | — | $0.9000 | regular |
| May 31, 2023 | — | $0.9000 | regular |
| Feb 28, 2023 | — | $0.9000 | regular |
Income Calculator
At $3.68 / yr per share
Per payment (quarterly)$92.00
Annual$368.00
Monthly avg$30.67
