AMERISAFE, Inc. (NASDAQ:AMSF) Declares Quarterly Dividend of $0.39

AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Stockholders of record on Friday, March 7th will be paid a dividend of 0.39 per share by the insurance provider on Friday, March 21st. This represents a $1.56 annualized dividend and a dividend yield of 3.07%.

AMERISAFE has raised its dividend payment by an average of 8.5% annually over the last three years and has increased its dividend annually for the last 11 consecutive years. AMERISAFE has a dividend payout ratio of 68.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect AMERISAFE to earn $2.18 per share next year, which means the company should continue to be able to cover its $1.48 annual dividend with an expected future payout ratio of 67.9%.

AMERISAFE Trading Down 1.3 %

AMERISAFE stock traded down $0.67 during trading on Wednesday, hitting $50.83. The company had a trading volume of 48,494 shares, compared to its average volume of 113,335. The stock has a market cap of $968.31 million, a price-to-earnings ratio of 15.88 and a beta of 0.35. AMERISAFE has a 1-year low of $41.97 and a 1-year high of $60.24. The company’s 50 day simple moving average is $50.61 and its 200-day simple moving average is $51.63.

AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings data on Wednesday, February 26th. The insurance provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. AMERISAFE had a return on equity of 16.50% and a net margin of 19.49%. As a group, analysts forecast that AMERISAFE will post 2.45 earnings per share for the current fiscal year.

About AMERISAFE

AMERISAFE, Inc, an insurance holding company, underwrites workers’ compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.