Trailing Dividend / Share
$0.82
Donegal Group Inc. (DGICA) Dividend History
Income profile from 2003 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.8%
Payout Ratio
32.4%
Sustainable
Dividend Streak
22 years
DGICA Dividend Income Check
Safety
32.4% payout ratio with sustainable safety profile.
Consistency
22 straight years of dividend increases.
Income Trend
Yield on cost is 5.1% and trend is rising.
DGICA Dividend Scorecard
Yield & Income
Dividend Yield4.8%
Trailing DPS$0.82
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout32.4%
Earnings SafetySustainable
FCF Payout42.5%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak22 years
3Y CAGR3.2%
5Y CAGR3.9%
Yield on Cost (5Y)5.1%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield4.8%
1Y Total Return-8.9%
5Y Total Return35.8%
Div Contribution (5Y)22.6%
Estimated $10K growth (return + dividends):
5Y ago$13,57710Y ago$15,20220Y ago$14,497
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
DGICA Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
DGICA Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Donegal Group Inc. distributes 32.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 42.5%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
DGICA has raised its dividend for 22 consecutive years, with a 3-year CAGR of 3.2% and 5-year CAGR of 3.9%.
Total Shareholder Returns
Beyond cash dividends, DGICA returns capital through share repurchases. The combined picture: 4.8% dividend yield, 4.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.1% and is currently rising. The 5-year total return is 35.8%, with dividends contributing 22.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,202 today.
DGICA Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.43
Avg/Payment$0.1715
Latest Change+4.1%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 1, 2026Latest | $0.1900 | ↑ +4.1% | 4.49% | May 15, 2026 |
| Feb 3, 2026 | $0.1825 | — | 3.88% | Feb 17, 2026 |
| Nov 3, 2025 | $0.1825 | — | 3.89% | Nov 17, 2025 |
| Aug 1, 2025 | $0.1825 | — | 4.24% | Aug 15, 2025 |
| May 1, 2025 | $0.1825 | ↑ +5.8% | 3.62% | May 15, 2025 |
| Feb 4, 2025 | $0.1725 | — | 4.67% | Feb 18, 2025 |
| Nov 1, 2024 | $0.1725 | — | 4.54% | Nov 15, 2024 |
| Aug 1, 2024 | $0.1725 | — | 4.89% | Aug 15, 2024 |
DGICA Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
4.8%
#1 of 7
Safety
Sustainable
32.4% payout
Streak
22Y
3.9% 5Y CAGR
Total Shareholder
4.8%
#2 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st DGICADonegal Group Inc. | $625M | 4.8% | 32.4% | 22 | Sustainable |
 ERIEErie Indemnity Compa… | $10.0B | 2.2% | 45.5% | 2 | Sustainable |
2nd  KMPRKemper Corporation | $1.7B | 4.3% | 55.5% | 1 | Sustainable |
3rd  ACNBACNB Corporation | $549M | 2.6% | 38.8% | 8 | Sustainable |
 THGThe Hanover Insuranc… | $6.6B | 2.0% | 19.7% | 5 | Sustainable |
 CINFCincinnati Financial… | $25.2B | 2.1% | 21.9% | 7 | Sustainable |
 SIGISelective Insurance … | $5.1B | 1.8% | 19.9% | 15 | Sustainable |
DGICA Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.37 | — | 2 | — | — | — | 2.6% |
| 2025 | $0.72 | 4.7% | 4 | $2.18 | 33.0% | 3.03x | 5.1% |
| 2024 | $0.69 | 1.9% | 4 | $1.53 | 44.9% | 2.23x | 4.8% |
| 2023 | $0.68 | 3.1% | 4 | $0.14 | 482.1% | 0.21x | 4.8% |
| 2022 | $0.66 | 4.0% | 4 | $-0.06 | — | — | 4.6% |
| 2021 | $0.63 | 5.9% | 4 | $0.81 | 77.8% | 1.29x | 4.4% |
| 2020 | $0.59 | 3.0% | 4 | $1.83 | 32.5% | 3.08x | 4.2% |
| 2019 | $0.58 | 1.8% | 4 | $1.64 | 35.2% | 2.84x | 4.1% |
| 2018 | $0.57 | 1.8% | 4 | $-1.16 | — | — | 4.0% |
| 2017 | $0.56 | 1.8% | 4 | $0.25 | 223.0% | 0.45x | 3.9% |
See DGICA's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonDGICA — Frequently Asked Questions
Quick answers to the most common questions about buying DGICA stock.
How much dividend does DGICA pay per share?
Donegal Group Inc. (DGICA) pays a trailing 12-month dividend of $0.82 per share, with a current dividend yield of +4.8%. Payments are made Semi-Annual.
When is DGICA's next ex-dividend date?
DGICA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. DGICA typically pays dividends Semi-Annual.
Is DGICA's dividend safe?
DGICA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +32.4% and FCF payout ratio of +42.5%. With 22 consecutive years of dividend growth, the track record supports sustainability.
Is DGICA a Dividend Achiever?
Yes, Donegal Group Inc. is classified as a Dividend Achiever with 22 consecutive years of dividend increases. The 5-year dividend CAGR is +3.9%, demonstrating modest dividend growth.
How often does DGICA pay dividends?
Donegal Group Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.82 per share. Dividend data on this page covers 23+ years from 2003 to 2026.
How much would $10,000 invested in DGICA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in DGICA five years ago would be worth approximately $13,577 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is DGICA's yield on cost for long-term holders?
DGICA's yield on cost — the current dividend divided by the original purchase price — is +5.1% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.8% market yield, thanks to consistent dividend growth.