AMERISAFE, Inc. (NASDAQ:AMSF) Plans $0.41 Quarterly Dividend

AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Wednesday, February 25th. Stockholders of record on Friday, March 13th will be given a dividend of 0.41 per share by the insurance provider on Friday, March 20th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, March 13th.

AMERISAFE has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 12 years. AMERISAFE has a dividend payout ratio of 70.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect AMERISAFE to earn $2.18 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 71.6%.

AMERISAFE Trading Down 5.2%

NASDAQ AMSF traded down $1.91 during trading hours on Thursday, hitting $34.98. 52,917 shares of the company’s stock traded hands, compared to its average volume of 154,103. AMERISAFE has a 52 week low of $34.33 and a 52 week high of $53.27. The business’s fifty day moving average price is $38.04 and its two-hundred day moving average price is $40.87. The firm has a market capitalization of $661.84 million, a P/E ratio of 13.54 and a beta of 0.35.

AMERISAFE (NASDAQ:AMSF) last posted its quarterly earnings results on Wednesday, February 25th. The insurance provider reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.06). The business had revenue of $81.59 million during the quarter, compared to the consensus estimate of $80.05 million. AMERISAFE had a return on equity of 16.94% and a net margin of 16.12%. On average, sell-side analysts expect that AMERISAFE will post 2.45 EPS for the current fiscal year.

About AMERISAFE

Amerisafe, Inc (NASDAQ: AMSF) is a specialty provider of workers’ compensation insurance products and services in the United States. The company focuses on underwriting and managing workers’ compensation policies for small to mid-sized public and private businesses, particularly in higher-hazard industries such as retail, manufacturing, distribution and wholesale. Through its network of independent agents, Amerisafe delivers tailored coverage solutions that combine robust risk management support with loss prevention programs designed to enhance workplace safety.

In addition to core insurance offerings, Amerisafe provides extensive risk control resources, including safety training, on-site consultations and claims management services.