Safety Insurance Group (SAFT) Declares $0.80 Quarterly Dividend; 3.8% Yield
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Safety Announces Third Quarter 2018 Results and Declares Fourth Quarter 2018 Dividend
October 31, 2018 4:05 PM EDTBOSTON--(BUSINESS WIRE)-- Safety Insurance Group, Inc. (NASDAQ: SAFT) today reported third quarter 2018 results. Net income for the quarter ended September30, 2018 was $28.9 million, or $1.88 per diluted share, compared to net income of $18.0 million, or $1.18 per diluted share, for the comparable 2017 period. Net income for the nine months ended September30, 2018 was $64.8 million, or $4.24 per diluted share, compared to net income of $51.1 million, or $3.36 per diluted share, for the comparable 2017 period. Non-generally accepted accounting principles (non-GAAP) operating income, as defined below, for the quarter ended September30, 2018 was $1.76 per diluted share, compared to $1.06 per diluted share, for the comparable... More
