SAFT Dividend 2024 – Safety Insurance Declares a Dividend of $0.90

SAFT Dividend 2024 – Safety Insurance declares a dividend of $0.90. The SAFT Dividend 2024 record date is 1 March 2024 and the ex-dividend date is 29 Feb 2024. In a positive development for shareholders, Safety Insurance has announced a generous interim dividend of $0.90 per equity share. The forward yield of the Safety Insurance is 4.09%. This demonstrates the company’s commitment to rewarding its investors while maintaining balance for future growth. This news has been met with enthusiasm, and it will be interesting to see how it impacts the company’s stock price in the upcoming trading sessions.

Investors who hold Safety Insurance stocks are likely to benefit from this announcement as they will receive the dividend payout. Safety Insurance’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.

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About Safety Insurance

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States.

The company was founded in 1979 and is headquartered in Boston, Massachusetts.

The market capitalization of Safety Insurance is $1.29B. It belongs to the financial services sector. The current President, CEO & Chairperson of the Board of the company is Mr. George Michael Murphy C.P.C.U.

The company was formerly known as Safety Holdings Inc. and changed its name to Safety Insurance Group, Inc. in April 2002.

Safety Insurance Share Price

Safety Insurance’s total revenue in Q1 FY2023 was $212.5M, in Q2 FY2023 $228.9M, and in Q3 FY2023 $226.5M.

Safety Insurance’s net income in Q1 FY2023 was -$12.3M, in Q2 FY2023 $17.0M, and in Q3 FY2023 $1.9M.

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SAFT Dividend 2024 Record Date – SAFT Dividend History

Dividend TypeAmountEx-Date
Regular$0.900011/30/2023
Regular$0.90008/31/2023
Regular$0.90005/31/2023
Regular$0.90002/28/2023
Regular$0.900011/30/2022
Dividend History

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SAFT SHARE PRICE TARGET 2024

The US share market is at its peak and most of the US stocks like Safety Insurance have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for SAFT is expected to be $95.00 and the maximum price target for 2024 will be $100.00. With market conditions, the price target of Safety Insurance may vary.

SAFT SHARE PRICE TARGET 2030

The US share market is at its peak and most of the US stocks like Safety Insurance have experienced a bull run in 2023. In 2024, the bullish sentiment of the market will likely stay. As per data, the minimum share price target in 2024 for SAFT is expected to be $180.00 and the maximum price target for 2024 will be $185.00. With market conditions, the price target of Safety Insurance may vary.

Disclaimer

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