AMERISAFE, Inc. (AMSF) To Go Ex-Dividend on March 7th

AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Tuesday, February 25th, 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 3.02%. The ex-dividend date of this dividend is Friday, March 7th.

AMERISAFE has raised its dividend by an average of 8.5% annually over the last three years and has increased its dividend every year for the last 12 years. AMERISAFE has a dividend payout ratio of 71.2% 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 $1.56 annual dividend with an expected future payout ratio of 71.6%.

AMERISAFE Stock Down 1.0 %

Shares of AMSF stock opened at $51.66 on Wednesday. The stock has a 50-day simple moving average of $50.53 and a 200 day simple moving average of $51.79. The stock has a market capitalization of $984.18 million, a P/E ratio of 15.98 and a beta of 0.35. AMERISAFE has a fifty-two week low of $41.97 and a fifty-two week high of $60.24.

AMERISAFE (NASDAQ:AMSF) last posted its quarterly earnings data on Wednesday, February 26th. The insurance provider reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.07. AMERISAFE had a net margin of 19.49% and a return on equity of 16.50%. The company had revenue of $73.51 million during the quarter, compared to analyst estimates of $77.37 million. On average, sell-side analysts anticipate that AMERISAFE will post 2.45 earnings per share for the current year.

AMERISAFE Company Profile

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.