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Mercury General Corporation (MCY) logo

Mercury General Corporation

S&P 500

MCY/Financial Services · Insurance - Property & Casualty/NYSE

Dividend Yield

1.23%

$1.27 · Annual Dividend

Stock Price$104.12P/E6.8MCap5.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

78/ 100Safe

MCY's dividend appears safe and well-supported. Strengths include a 8.4% earnings payout ratio & 5.0% fcf payout ratio. Areas of concern: Volatile profit margin stability & -12.8% 5-year dividend cagr. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 9 of 10 metrics

Strengths

  • Earnings Payout Ratio: 8.4%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 5.0%Free cash flow comfortably covers the dividend.
  • Return on Equity: 38.1%Strong return on equity reflects efficient profit generation.

Risks

  • 5-Year Dividend CAGR: -12.8%Dividend growth has been weak or negative.
  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Very Safe
5.0%Very Safe

Balance Sheet

N/A

Profitability

Safe
38.1%Very Safe

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
Mostly StableCaution

About Mercury General Corporation

Mercury General Corporation is a prominent insurance holding company that provides a broad range of personal automobile insurance products across the United States. Established in 1961 and headquartered in Los Angeles, California, Mercury General plays a significant role in the insurance sector by offering policies primarily for private passenger vehicles. Beyond basic auto coverage, the company also extends its services to include homeowners, renters, and mechanical breakdown insurance, catering to diverse customer needs. With a focus on customer service and competitive pricing, Mercury General operates through a network of independent agents, facilitating personalized interactions and localized service with policyholders. The company’s strategic emphasis on underwriting discipline and cost management ensures its sustainability and profitability in the highly competitive insurance market. As one of the largest insurers in California, Mercury General holds a strong market position, reflecting its robust financial operations and extensive industry expertise. Its commitment to financial responsibility and adaptability to regulatory changes underscores its significance in the U.S. insurance landscape. Mercury General continues to influence insurance market dynamics through innovation and efficient service delivery.

Dividend Overview

Dividend Yield

1.23%

Annual Dividend

$1.27

Frequency

Quarterly

Payout Ratio

8.37%

FCF Payout Ratio

4.96%

52-Week Range

$63.77 - $107.95

Dividend History (2016–2025)

MCY annual dividend per share and yield history

Earnings & Profitability

MCY earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 11, 2026

Last Payment Date

June 25, 2026

Dividend Growth

3-Year Dividend CAGR

-12.61%

5-Year Dividend CAGR

-12.80%

10-Year Dividend CAGR

-6.43%

3-Year Total Growth

-33.25%

5-Year Total Growth

-49.59%

10-Year Total Growth

-48.57%

Income Calculator

MCY Dividend Calculator

Total Investment

$10,412.00

Annual Income

$127.20

Quarterly Income

$31.80

Monthly Income

$10.60

Frequently Asked Questions

What is MCY's current dividend yield?
Mercury General Corporation (MCY) currently has a dividend yield of 1.23%, based on a stock price of $104.12 and an annual dividend of $1.27.
When is MCY's next dividend payment date?
MCY's next ex-dividend date is 2026-06-11 and the next payment date is 2026-06-25. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does MCY pay in dividends per year?
Mercury General Corporation paid $1.27 per share in annual dividends in 2025. The dividends are paid quarterly.
Has MCY been increasing its dividend?
Mercury General Corporation has grown its dividend at a 5-year CAGR of -12.80% and a 10-year CAGR of -6.43%.
Is MCY's dividend safe?
Mercury General Corporation has a payout ratio of 8.37%. Its free cash flow payout ratio is 4.96%. A payout ratio below 60% is generally considered sustainable.
How is MCY's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Mercury General Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.