Bookmark and Share

19 Best Insurance Dividend Growth Stocks To Consider Now

If there is one thing every investor can appreciate, it is a growing stream of reliable dividends. Some sectors have more dividend champions than others. The insurance sector is a useful place for investors who want to align their personal risks with their portfolio. 

If insurance companies are able to increase prices and profits, owning the insurance companies should lead to stronger dividends at the same time that insurance costs will be increasing. However, it can be difficult for investors to determine which insurance stocks would be the best fit for their portfolio.

Insurers are big asset managers and depend on the market conditions. But not all insurers are equal. Life insurers suffer more on this weak interest environment than property and casualty insurer.

Attached you can find the best investment opportunities from the industry. I've only listed those stocks with a long dividend growth history. In addition, each of the stocks has a low forward P/E and a positive earnings growth outlook for the next five years. In addition, the debt-to-equity ratio is under 0.5. As a result, 19 stocks joined the list.


Here are the results:



These are the 44 insurance or insurance related stocks with the longest dividend growth history in the industry...


Company Name
Yield
Years
Market Cap
in $ million
Marketing Alliance Inc.
7.00%
13
$21
Safety Insurance Group Inc.
4.83%
5
$874
Mercury General Corp.
4.57%
28
$2,979
Old Republic International
4.10%
34
$4,714
Donegal Group Inc. A
3.82%
13
$396
Arthur J. Gallagher & Co.
3.38%
5
$7,633
Maiden Holdings Ltd.
3.34%
7
$1,144
Erie Indemnity Company
3.11%
25
$4,573
Cincinnati Financial
3.05%
55
$9,883
Horace Mann Educators Corp.
2.92%
6
$1,410
Allied World Assurance Co. Holdings AG
2.86%
10
$3,305
Prudential Financial Inc.
2.81%
6
$37,208
HCI Group Inc.
2.75%
6
$474
EMC Insurance Group Inc.
2.72%
6
$517
First American Financial Corp.
2.62%
6
$4,146
AFLAC Inc.
2.57%
33
$27,456
Assurant Inc.
2.45%
12
$5,448
ACE Limited
2.36%
23
$36,779
ProAssurance Corp.
2.34%
5
$2,842
Donegal Group Inc. B
2.27%
13
$525
Marsh & McLennan Companies Inc.
2.22%
6
$29,542
Endurance Specialty Holdings Ltd.
2.22%
5
$4,157
Travelers Companies
2.16%
11
$34,343
Axis Capital Holdings Ltd.
2.15%
13
$5,435
Infinity Property & Casualty
2.14%
13
$916
Unum Group
2.14%
7
$8,547
PartnerRe Limited
2.01%
22
$6,650
Hanover Insurance Group (The)
1.95%
10
$3,723
Allstate Corp.
1.94%
5
$24,776
Lincoln National Corp.
1.87%
6
$13,428
National Interstate Corp.
1.81%
11
$569
Chubb Corp.
1.76%
33
$29,360
Reinsurance Group of America Inc.
1.64%
7
$5,998
American Financial Group Inc.
1.55%
10
$6,325
Brown & Brown Inc.
1.52%
22
$4,549
Symetra Financial Corp.
1.39%
6
$3,685
Primerica Inc.
1.34%
6
$2,362
RLI Corp.
1.25%
40
$2,640
StanCorp Financial Group
1.22%
17
$4,857
RenaissanceRe Holdings
1.09%
20
$5,036
Torchmark Corp.
0.93%
10
$7,258
Aetna Inc.
0.87%
5
$40,025
W.R. Berkley Corp.
0.86%
14
$6,888
American Equity Investment Life Holding
0.78%
11
$2,202

1 comment:

  1. Nice list -- I own ACE, AFL, and TRV. For the time-being, that's enough exposure to Insurance dividend growth stocks for me...

    ReplyDelete

Do you have any questions or notes to this article?
Please let me know your thoughts and we will discuss it.