Selective Insurance Group, Inc.
SIGIFinancial Services · Insurance - Property & Casualty · Stock · quarterly payer
Forward Yield
1.93%
Annual Dividend
$1.72
Payout Ratio
21%
5-Yr Growth
10.8%
Ex-Date
Aug 17, 2026
Frequency
Quarterly
Key facts about SIGI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Selective Insurance Group, Inc. (SIGI) has a forward dividend yield of 1.93%, based on an annual dividend of $1.72 per share and a share price of $89.16.
- As of Oct 18, 2026, SIGI's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Selective Insurance Group, Inc. (SIGI) has raised its dividend for 12 consecutive years as of Oct 18, 2026.
- SIGI has never cut its regular dividend in the payment history SmarterDividends has on record.
- SIGI's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.43 per share.
- As of Oct 18, 2026, SIGI pays out 21% of its trailing 12-month earnings as dividends (its payout ratio).
- SIGI's dividend has grown at an average rate of 10.8% a year over the past five years.
- As of Oct 18, 2026, SIGI's 1.93% yield is 32% above its five-year average yield of 1.46%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SIGI is $122.63 per share, 38% above the $89.16 share price, so SIGI screens as undervalued.
- Selective Insurance Group, Inc. (SIGI) pays its dividend quarterly, 4 times a year.
- Selective Insurance Group, Inc. (SIGI) has raised its regular dividend 24 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 13.2% increase to $0.430 per share, going ex-dividend on Nov 14, 2025.
Cite this page
SmarterDividends, "SIGI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SIGI
Summary
As of Oct 18, 2026, Selective Insurance Group, Inc. (SIGI) yields 1.93% ($1.72 a year per share), has a dividend safety grade of A (96/100) and has 12 consecutive years of dividend increases on record.
Is SIGI a good dividend stock?
YesSelective Insurance Group, Inc. (SIGI) pays a quarterly dividend yielding 1.93% ($1.72/yr), with 12 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
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (21%)
- Strong 10.8% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.93%
- Payout Ratio
- 21%
- Annual Dividend
- $1.72
- 5-Yr Avg Growth
- 10.8%
- Ex-Dividend Date
- Aug 17, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.25
- Market Cap
- $5.3B
- P/E Ratio
- 11.1
- 5-Yr Total Return
- 18%
- 52-Week Range
- $72.78 – $100.40
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
SIGI dividend raises and cuts
Selective Insurance Group, Inc. (SIGI) has raised its regular dividend 24 times and cut it 0 times across the 156 payments on record since 1987. Its most recent change was a 13.2% increase to $0.430 per share, going ex-dividend on Nov 14, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 14, 2025 | Raise | $0.380 → $0.430 | +13.2% |
| Nov 15, 2024 | Raise | $0.350 → $0.380 | +8.6% |
| Nov 14, 2023 | Raise | $0.300 → $0.350 | +16.7% |
| Nov 14, 2022 | Raise | $0.280 → $0.300 | +7.1% |
| Nov 12, 2021 | Raise | $0.250 → $0.280 | +12.0% |
| Nov 12, 2020 | Raise | $0.230 → $0.250 | +8.7% |
| Nov 14, 2019 | Raise | $0.200 → $0.230 | +15.0% |
| Nov 14, 2018 | Raise | $0.180 → $0.200 | +11.1% |
| Nov 14, 2017 | Raise | $0.160 → $0.180 | +12.5% |
| Nov 10, 2016 | Raise | $0.150 → $0.160 | +6.7% |
| Nov 10, 2015 | Raise | $0.140 → $0.150 | +7.1% |
| Nov 12, 2014 | Raise | $0.130 → $0.140 | +7.7% |
Show all 24 changes since 1987
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 13, 2007 | Raise | $0.120 → $0.130 | +8.3% |
| Feb 9, 2007 | Raise | $0.110 → $0.120 | +9.1% |
| Nov 10, 2005 | Raise | $0.0950 → $0.110 | +15.8% |
| Nov 10, 2004 | Raise | $0.0850 → $0.0950 | +11.8% |
| Nov 13, 2003 | Raise | $0.0750 → $0.0850 | +13.3% |
| May 12, 1999 | Raise | $0.0700 → $0.0750 | +7.1% |
| May 11, 1992 | Raise | $0.0650 → $0.0700 | +7.7% |
| Aug 9, 1990 | Raise | $0.0600 → $0.0650 | +8.3% |
| Nov 9, 1989 | Raise | $0.0583 → $0.0600 | +2.9% |
| May 9, 1989 | Raise | $0.0517 → $0.0583 | +12.9% |
| May 10, 1988 | Raise | $0.0450 → $0.0517 | +14.8% |
| Aug 10, 1987 | Raise | $0.0383 → $0.0450 | +17.4% |
Frequently Asked Questions
Is SIGI a good dividend stock?
Yes. Selective Insurance Group, Inc. (SIGI) pays a quarterly dividend yielding 1.93% ($1.72/yr), with 12 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is SIGI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SIGI's fair value is about $122.63 versus a $89.16 share price — so it looks undervalued (+38% vs. fair value).
Is SIGI's dividend safe?
SIGI has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 12-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is SIGI's fair value?
Our blended fair-value estimate for SIGI is about $122.63 per share, roughly 38% above the current $89.16 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SIGI a buy, hold, or sell?
We don't issue formal ratings, but on the data SIGI screens as "yes" and undervalued. Selective Insurance Group, Inc. (SIGI) pays a quarterly dividend yielding 1.93% ($1.72/yr), with 12 years 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 SIGI cut its dividend?
SIGI earns a dividend-safety grade of A (96/100), 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 SIGI pay a dividend?
Yes. Selective Insurance Group, Inc. pays a quarterly dividend of about $1.72 per share annually, a forward yield of roughly 1.93%.
What is SIGI's dividend yield?
As of Oct 18, 2026, SIGI's forward dividend yield is 1.93%, based on a $1.72 annual dividend and a $89.16 share price.
What is SIGI's dividend per share?
As of Oct 18, 2026, SIGI pays $1.72 per share per year, distributed on a quarterly basis.
What is SIGI's dividend payout ratio?
As of Oct 18, 2026, SIGI's payout ratio is 21% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SIGI grown its dividend?
As of Oct 18, 2026, SIGI has increased its dividend for 12 consecutive years.
When is the next SIGI ex-dividend date?
As of Oct 18, 2026, SIGI's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.43 per share.
SIGI Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
-12%
5 Years
+18%
52-Week Range
$72.78 – $100.40
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SIGI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Selective Insurance Group, Inc. is $122.63 per share, versus a market price of $89.16. That implies 38% of upside — a margin of safety of about 27%.
Fair Value
$122.63
Current Price
$89.16
Upside
+38%
Margin of Safety
27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $8.06 EPS, $1.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SIGI Dividend Safety Score
Very Safe
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
Dividend History
Full SIGI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 17, 2026 | Sep 1, 2026 | $0.4300 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.4300 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.4300 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.4300 | regular |
| Aug 15, 2025 | Sep 2, 2025 | $0.3800 | regular |
| May 15, 2025 | Jun 2, 2025 | $0.3800 | regular |
| Feb 14, 2025 | Mar 3, 2025 | $0.3800 | regular |
| Nov 15, 2024 | Dec 2, 2024 | $0.3800 | regular |
| Aug 15, 2024 | Sep 3, 2024 | $0.3500 | regular |
| May 14, 2024 | Jun 3, 2024 | $0.3500 | regular |
| Feb 14, 2024 | Mar 1, 2024 | $0.3500 | regular |
| Nov 14, 2023 | Dec 1, 2023 | $0.3500 | regular |
| Aug 14, 2023 | Sep 1, 2023 | $0.3000 | regular |
| May 12, 2023 | Jun 1, 2023 | $0.3000 | regular |
Income Calculator
At $1.72 / yr per share
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