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Safety Declares First Quarter 2021 Dividend and Schedules Year-End 2020 Events

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(Low)
Rhea-AI Sentiment
(Neutral)
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dividends
Rhea-AI Summary

The Board of Directors of Safety Insurance Group (NASDAQ:SAFT) has declared a quarterly cash dividend of $0.90 per share, payable on March 15, 2021 to shareholders on record by March 5, 2021. The company intends to release its 2020 annual results on February 24, 2021, with the Annual Report to be filed by February 26, 2021. Additionally, the 2021 Annual Meeting of Shareholders is scheduled for May 19, 2021, in Boston.

Positive
  • Board approval of a $0.90 quarterly cash dividend boosting shareholder income.
  • Upcoming annual results announcement may provide insight into company performance.
Negative
  • None.

The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 15, 2021 to shareholders of record at the close of business on March 5, 2021.

Safety plans to announce its 2020 annual results on February 24, 2021, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than February 26, 2021. Safety also plans to hold its 2021 Annual Meeting of Shareholders in Boston, Massachusetts, on May 19, 2021 at 10:00 a.m.

About Safety: Safety Insurance Group, Inc. is the parent of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company. Operating exclusively in Massachusetts, New Hampshire and Maine, Safety is a leading writer of property and casualty insurance products, including private passenger automobile, commercial automobile, homeowners, dwelling fire, umbrella and business owner policies. For more information, visit SafetyInsurance.com.

FAQ

What is the dividend amount declared by SAFT?

Safety Insurance Group declared a quarterly cash dividend of $0.90 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 5, 2021.

When will Safety announce its annual results?

Safety plans to announce its 2020 annual results on February 24, 2021.

When is the 2021 Annual Meeting of Shareholders?

The 2021 Annual Meeting of Shareholders is scheduled for May 19, 2021.

Safety Insurance Group Inc

NASDAQ:SAFT

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1.20B
14.52M
1.75%
84.42%
0.71%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States of America
BOSTON