Safety Insurance Group (SAFT) Declares $0.80 Quarterly Dividend; 3.9% Yield
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Go back to Safety Insurance Group (SAFT) Declares $0.80 Quarterly Dividend; 3.9% Yield
November 1, 2017 4:05 PM EDT
BOSTON--(BUSINESS WIRE)--
Safety Insurance Group, Inc. (NASDAQ: SAFT) today reported third quarter
2017 results. Net income for the quarter ended September 30, 2017 was
$18.0 million, or $1.18 per diluted share, compared to net income of
$18.6 million, or $1.23 per diluted share, for the comparable 2016
period. Net income for the nine months ended September 30, 2017 was
$51.1 million, or $3.36 per diluted share, compared to net income of
$52.6 million, or $3.48 per diluted share, for the comparable 2016
period. Safetys book value per share increased to $46.18 at
September 30, 2017 from $44.27 at December 31, 2016. Safety paid $0.80
and $0.70 per share in dividends to investors during the quarters ended
September 30,... More
