United Fire Group Dividend: Key Details Ahead of Ex-Dividend Date on Jun 6, 2025

CashCowMonday, Jun 2, 2025 7:46 pm ET
1min read
United Fire Group (UFCS) has announced a cash dividend of $0.160 per share, with an ex-dividend date of Jun 6, 2025. This follows the announcement made on May 21, 2025, with the dividend scheduled for distribution on Jun 20, 2025. Compared to the average of the last ten dividends, which stands at $0.225 per share, this dividend is lower. The company's previous dividend was also $0.160 per share, distributed on Mar 21, 2025.

Recently, United Fire Group has been noted for its strong performance in value investing metrics. As of late, the company holds a Zacks Rank of #2 (Buy) and an "A" grade for Value. Its current P/E ratio is 11.12, significantly lower than the industry average of 29.64, suggesting potential undervaluation. Furthermore, UFCS's P/B ratio is 0.890, compared to the industry's average of 1.63, and its P/S ratio is 0.560 against the industry average of 1.34. Over the past week, analysts have highlighted UFCS's P/CF ratio of 9.870, which is favorable when compared to the industry average of 11.42. These metrics underline the company's financial health and position it as a strong candidate for value investors.

In recent developments, United Fire Group's fourth-quarter net income rose dramatically by 46.3% to $16.9 million from last year's $11.5 million, showcasing robust profitability. Additionally, the company has filed a mixed shelf registration to potentially offer various securities, including common and preferred stock, which might influence its market operations. Moreover, Millennium Management LLC has recently reduced its holdings in UFCS by 10.3% during the fourth quarter, indicating shifts in institutional investment sentiment. These events, coupled with the company's solid fundamentals, are likely to impact its market performance in the near future.

In conclusion, United Fire Group presents a compelling case for value investors, given its strong financial metrics and recent profitability improvements. As the ex-dividend date approaches on Jun 6, 2025, investors should note that this date marks the last opportunity to purchase shares and receive the current dividend; acquisitions made after this date will not qualify for the dividend distribution.

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