SmarterDividends
UFCS

United Fire Group, Inc.

UFCS

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

$57.38

Undervalued · +33% Add to Portfolio

Forward Yield

1.39%

Annual Dividend

$0.80

Payout Ratio

13%

5-Yr Growth

-10.9%

Ex-Date

Sep 4, 2026

Frequency

Quarterly

Key facts about UFCS's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 24, 2026, United Fire Group, Inc. (UFCS) has a forward dividend yield of 1.39%, based on an annual dividend of $0.80 per share and a share price of $57.38.
  • As of Oct 24, 2026, UFCS's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • UFCS last cut its regular dividend in 2021.
  • UFCS's most recent ex-dividend date was Sep 4, 2026, for a dividend of $0.20 per share.
  • As of Oct 24, 2026, UFCS pays out 13% of its trailing 12-month earnings as dividends (its payout ratio).
  • UFCS's dividend has shrunk at an average rate of 10.9% a year over the past five years.
  • As of Oct 24, 2026, UFCS's 1.39% yield is 42% below its five-year average yield of 2.41%.
  • As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for UFCS is $76.53 per share, 33% above the $57.38 share price, so UFCS screens as undervalued.
  • United Fire Group, Inc. (UFCS) pays its dividend quarterly, 4 times a year.
  • United Fire Group, Inc. (UFCS) has raised its regular dividend 25 times and cut it 1 time across the 152 payments on record since 1986. Its most recent change was a 25.0% increase to $0.200 per share, going ex-dividend on Jun 5, 2026. The last cut went ex-dividend on Dec 3, 2020.
Cite this page

SmarterDividends, "UFCS Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/UFCS

Summary

As of Oct 24, 2026, United Fire Group, Inc. (UFCS) yields 1.39% ($0.80 a year per share) and has a dividend safety grade of B (73/100).

Is UFCS a good dividend stock?

Yes, with caveats

United Fire Group, Inc. (UFCS) pays a quarterly dividend yielding 1.39% ($0.80/yr), with 0 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 (13%)
  • 174% total price return over 5 years

Risks

  • Cut its dividend in 2021
  • Dividend has been shrinking, not growing

Key Data

Dividend Yield
1.39%
Payout Ratio
13%
Annual Dividend
$0.80
5-Yr Avg Growth
-10.9%
Ex-Dividend Date
Sep 4, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.47
Market Cap
$1.5B
P/E Ratio
10.6
5-Yr Total Return
174%
52-Week Range
$29.85 – $58.20
Dividend Safety
B · 73/100
Ever Cut?
Yes (2021)

UFCS dividend raises and cuts

United Fire Group, Inc. (UFCS) has raised its regular dividend 25 times and cut it 1 time across the 152 payments on record since 1986. Its most recent change was a 25.0% increase to $0.200 per share, going ex-dividend on Jun 5, 2026. The last cut went ex-dividend on Dec 3, 2020.

Ex-dateChangeOld → newMove
Jun 5, 2026Raise$0.160 → $0.200+25.0%
Jun 2, 2022Raise$0.150 → $0.160+6.7%
Dec 3, 2020Cut$0.330 → $0.150−54.5%
May 30, 2019Raise$0.310 → $0.330+6.5%
May 31, 2018Raise$0.280 → $0.310+10.7%
May 30, 2017Raise$0.250 → $0.280+12.0%
May 27, 2016Raise$0.220 → $0.250+13.6%
May 28, 2015Raise$0.200 → $0.220+10.0%
May 29, 2014Raise$0.180 → $0.200+11.1%
May 29, 2013Raise$0.150 → $0.180+20.0%
Dec 12, 2007Raise$0.135 → $0.150+11.1%
Dec 13, 2006Raise$0.120 → $0.135+12.5%
Show all 26 changes since 1987
Ex-dateChangeOld → newMove
Feb 25, 2005Raise$0.100 → $0.120+20.0%
Dec 11, 2003Raise$0.0940 → $0.100+6.4%
Dec 11, 2002Raise$0.0900 → $0.0940+4.4%
May 30, 2000Raise$0.0850 → $0.0900+5.9%
May 28, 1998Raise$0.0800 → $0.0850+6.3%
Aug 29, 1997Raise$0.0750 → $0.0800+6.7%
Dec 14, 1995Raise$0.0667 → $0.0750+12.5%
Dec 9, 1994Raise$0.0600 → $0.0667+11.1%
Dec 9, 1993Raise$0.0556 → $0.0600+8.0%
May 26, 1992Raise$0.0489 → $0.0556+13.6%
Dec 11, 1990Raise$0.0444 → $0.0489+10.0%
May 25, 1989Raise$0.0400 → $0.0444+11.1%
May 25, 1988Raise$0.0356 → $0.0400+12.5%
May 29, 1987Raise$0.0296 → $0.0356+20.0%
Every UFCS payment →Download every raise and cut (CSV)
UFCS ex-dividend date & scheduleNext ex-date Sep 4, 2026 · full ex-dividend historyView →UFCS dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is UFCS a good dividend stock?

Yes, with caveats. United Fire Group, Inc. (UFCS) pays a quarterly dividend yielding 1.39% ($0.80/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is UFCS undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, UFCS's fair value is about $76.53 versus a $57.38 share price — so it looks undervalued (+33% vs. fair value).

Is UFCS's dividend safe?

UFCS has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is UFCS's fair value?

Our blended fair-value estimate for UFCS is about $76.53 per share, roughly 33% above the current $57.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is UFCS a buy, hold, or sell?

We don't issue formal ratings, but on the data UFCS screens as "yes, with caveats" and undervalued. United Fire Group, Inc. (UFCS) pays a quarterly dividend yielding 1.39% ($0.80/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will UFCS cut its dividend?

UFCS earns a dividend-safety grade of B (73/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does UFCS pay a dividend?

Yes. United Fire Group, Inc. pays a quarterly dividend of about $0.80 per share annually, a forward yield of roughly 1.39%.

What is UFCS's dividend yield?

As of Oct 24, 2026, UFCS's forward dividend yield is 1.39%, based on a $0.80 annual dividend and a $57.38 share price.

What is UFCS's dividend per share?

As of Oct 24, 2026, UFCS pays $0.80 per share per year, distributed on a quarterly basis.

What is UFCS's dividend payout ratio?

As of Oct 24, 2026, UFCS's payout ratio is 13% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has UFCS grown its dividend?

UFCS does not currently have a long dividend-growth streak on record.

When is the next UFCS ex-dividend date?

As of Oct 24, 2026, UFCS's next ex-dividend date hasn't been announced. The most recent was Sep 4, 2026, for $0.20 per share.

UFCS Dividend News

UFCS
IncreaseUFCS·Jun 12, 2026

United Fire Group Raises Quarterly Dividend to 20 Cents

United Fire Group increased its quarterly dividend by 25%, extending its dividend-growth streak to four years after a prior cut in 2021.

Income Calculator

At $0.80 / yr per share

Per payment (quarterly)$20.00
Annual$80.00
Monthly avg$6.67

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