UnipolSai Assicurazioni S.p.A (US.MI) Dividends
Market Cap: $6.92B
Avg Volume: 2.33M
Industry: Insurance - Diversified
Sector: Financial Services
Dividend Overview
UnipolSai Assicurazioni S.p.A (US.MI) pays a annual dividend to its shareholders. The current dividend yield is 6.52%, which means that for every $100 invested at the current price, investors would receive approximately $6.52 in dividends per year (this can change based on future dividend payments and price movements).
About US.MI's Dividend
UnipolSai Assicurazioni S.p.A pays a annual dividend. The total annual dividend is approximately $0.17 per share, meaning for each share you own, you'll receive about $0.17 in dividends over the course of a year.
The most recent ex-dividend date was May 20, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
UnipolSai Assicurazioni S.p.A's payout ratio is 0.33% which means that 0.33% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
UnipolSai Assicurazioni S.p.A's dividend has grown by 0.10% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
US.MI Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.165 | 6.52% | May 20, 2024 | May 21, 2024 | May 22, 2024 | |
| $0.16 | 6.99% | May 22, 2023 | May 23, 2023 | May 24, 2023 | |
| $0.19 | 7.42% | May 23, 2022 | May 24, 2022 | May 25, 2022 | |
| $0.19 | 7.39% | May 24, 2021 | May 25, 2021 | May 26, 2021 | |
| $0.16 | 7.58% | May 18, 2020 | May 19, 2020 | May 20, 2020 | |
| $0.145 | 6.25% | May 20, 2019 | May 21, 2019 | May 22, 2019 | |
| $0.145 | 7.40% | May 21, 2018 | May 22, 2018 | May 23, 2018 | |
| $0.125 | 6.04% | May 22, 2017 | May 23, 2017 | May 24, 2017 | |
| $0.15 | 8.82% | May 23, 2016 | |||
| $0.175 | 7.54% | June 22, 2015 | |||
| $0.19559 | 8.29% | May 19, 2014 | |||
| $0.0104 | 1.48% | May 24, 2010 | |||
| $0.0182 | 1.83% | May 18, 2009 | |||
| $0.0286 | 1.31% | May 19, 2008 | |||
| $0.026 | 0.80% | May 21, 2007 | |||
| $0.0247 | 1.01% | May 22, 2006 | |||
| $0.0195 | 1.18% | May 02, 2005 | |||
| $0.0104 | 0.66% | May 24, 2004 | |||
| $0.0068 | 0.64% | May 19, 2003 | |||
| $0.0104 | 1.06% | May 20, 2002 | |||
| $0.0081 | 0.96% | May 21, 2001 |
Dividend Growth
UnipolSai Assicurazioni S.p.A (US.MI) dividend payments have grown 9.79% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for US.MI
- Dividend Payout Ratio: 0.33% Low risk
- Dividend & Capex Coverage Ratio: 1.98x Strong coverage
- Dividend Frequency: Annual
- Recent Dividend Growth: 0.10% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. UnipolSai Assicurazioni S.p.A's payout ratio is 0.33% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.98x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates UnipolSai Assicurazioni S.p.A can comfortably cover its dividends and necessary investments from its operating cash flow.
UnipolSai Assicurazioni S.p.A's dividend growth rate of 0.10% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.