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

AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Wednesday, February 25th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.41 per share by the insurance provider on Friday, March 20th. This represents a c) annualized dividend and a 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 increased its dividend every year for the last 12 years. AMERISAFE has a 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 Price Performance

Shares of AMSF traded down $2.01 during midday trading on Thursday, hitting $34.88. 54,180 shares of the company traded hands, compared to its average volume of 154,415. AMERISAFE has a one year low of $34.33 and a one year high of $53.27. The firm has a market cap of $659.93 million, a P/E ratio of 13.43 and a beta of 0.35. The stock has a 50-day moving average of $38.04 and a 200-day moving average of $40.87.

AMERISAFE (NASDAQ:AMSF) last posted its earnings results on Wednesday, February 25th. The insurance provider reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). AMERISAFE had a return on equity of 16.94% and a net margin of 16.12%.The firm had revenue of $81.59 million for the quarter, compared to the consensus estimate of $80.05 million. Sell-side analysts forecast 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.