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

AMERISAFE, Inc. (NASDAQ:AMSF) announced a quarterly dividend on Tuesday, April 21st. Investors of record on Friday, June 12th will be given a dividend of 0.41 per share by the insurance provider on Friday, June 19th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend is Friday, June 12th.

AMERISAFE has decreased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 12 years. AMERISAFE has a dividend payout ratio of 74.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect AMERISAFE to earn $2.08 per share next year, which means the company should continue to be able to cover its $1.64 annual dividend with an expected future payout ratio of 78.8%.

AMERISAFE Stock Down 9.6%

Shares of AMERISAFE stock traded down $3.19 on Wednesday, hitting $29.96. The company’s stock had a trading volume of 382,370 shares, compared to its average volume of 189,606. AMERISAFE has a 52-week low of $29.45 and a 52-week high of $50.07. The firm has a fifty day moving average price of $34.32 and a 200-day moving average price of $37.65. The company has a market capitalization of $563.25 million, a P/E ratio of 12.13 and a beta of 0.31.

AMERISAFE (NASDAQ:AMSF) last released its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.50 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.02). AMERISAFE had a return on equity of 15.89% and a net margin of 14.86%.The business had revenue of $80.09 million during the quarter, compared to analysts’ expectations of $90.49 million. As a group, analysts expect that AMERISAFE will post 2.13 earnings per share for the current year.

AMERISAFE Company Profile

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.