Mercury General Corp.
MCYMercury General Corp. is a provider of personal automobile insurance in the United States. Founded in 1962 and headquartered in Los Angeles, California, the company offers a range of coverage options, including liability, collision, and comprehensive insurance, primarily serving individual customers. Mercury General operates through a network of subsidiaries and emphasizes personalized service and competitive pricing in the insurance industry.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 25, 2026 | $0.32 | 2026-06-11 | 2026-06-11 |
| March 26, 2026 | $0.32 | 2026-03-12 | 2026-03-12 |
| December 24, 2025 | $0.32 | 2025-12-10 | 2025-12-10 |
| September 25, 2025 | $0.32 | 2025-09-11 | 2025-09-11 |
| June 26, 2025 | $0.32 | 2025-06-12 | 2025-06-12 |
Dividends Summary
- Consistent Payer: Mercury General Corp. has rewarded shareholders with 91 dividend payments over the past 23 years.
- Total Returned Value: Investors who held MCY shares during this period received a total of $48.18 per share in dividend income.
- Latest Payout: The most recent dividend of $0.32/share was paid 23 days ago, on June 25, 2026.
- Yield & Schedule: MCY currently pays dividends quarterly with an annual yield of 1.20%.
- Dividend Growth: Since 2003, the dividend payout has decreased by 3.8%, from $0.33 to $0.32.
- Dividend Reliability: MCY has maintained or increased its dividend for 16 consecutive payments.
Company News
Mercury General Corporation (MCY) reported strong Q1 2026 results with net income of $190.4 million compared to a loss of $108.3 million in Q1 2025. The company declared a quarterly dividend of $0.3175 per share. Key metrics improved significantly including a combined ratio of 89.3% versus 119.2% year-over-year, driven by lower catastrophe losses...
Mercury General reported strong Q2 2025 financial results, with non-GAAP earnings per share of $2.67, significantly exceeding analyst expectations. The company benefited from lower catastrophe losses, favorable reserve development, and improved investment results, particularly in the California insurance market.
Mercury General Corporation reported its third quarter 2024 results, including net realized investment gains, catastrophe losses, and prior year reserve development. The company also declared a quarterly dividend.
Ivans announced the 2024 Ivans Spark Award recipients, honoring companies that are driving digital connectivity and supporting the growth of their agency partners across the insurance policy lifecycle.
EGO, YOU, MCY, SGC and KNBWY have been added to the Zacks Rank #1 (Strong Buy) List on June 26, 2024.
