Selective Insurance Group's Dividend Increase: A Sustainable and Growing Opportunity

Selective Insurance Group (NASDAQ:SIGI) will increase its dividend to $0.43 in December, up from last year's payment. The company's projected earnings are expected to cover future distributions, with a forecasted 46.5% rise in earnings per share over the next year. Selective Insurance Group has a solid dividend track record, with a stable payout and strong growth in earnings per share over the past five years. The dividend looks likely to continue growing, making it a good dividend opportunity.