AMERISAFE, Inc. (AMSF) To Go Ex-Dividend on March 13th

AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Tuesday, February 24th. Stockholders of record on Friday, March 13th will be given a dividend of 0.41 per share by the insurance provider on Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, March 13th.

AMERISAFE has decreased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 12 consecutive years. AMERISAFE has a payout ratio of 74.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect AMERISAFE to earn $2.18 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 75.2%.

AMERISAFE Stock Down 1.7%

Shares of NASDAQ AMSF opened at $32.99 on Wednesday. AMERISAFE has a 52 week low of $32.00 and a 52 week high of $53.27. The firm has a 50-day moving average price of $37.17 and a 200 day moving average price of $40.09. The stock has a market capitalization of $620.21 million, a price-to-earnings ratio of 13.36 and a beta of 0.37.

AMERISAFE (NASDAQ:AMSF) last released its quarterly earnings data on Wednesday, February 25th. The insurance provider reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). AMERISAFE had a return on equity of 15.89% and a net margin of 14.86%.The company had revenue of $81.59 million for the quarter, compared to analysts’ expectations of $80.05 million. Equities research analysts expect 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.