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Essent Group (Essent Group) Dividend Payout Ratio : 0.15 (As of Dec. 2023)


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What is Essent Group Dividend Payout Ratio?

Essent Group's dividend payout ratio for the months ended in Dec. 2023 was 0.15.

The historical rank and industry rank for Essent Group's Dividend Payout Ratio or its related term are showing as below:

ESNT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.12   Max: 0.17
Current: 0.15


During the past 13 years, the highest Dividend Payout Ratio of Essent Group was 0.17. The lowest was 0.05. And the median was 0.12.

ESNT's Dividend Payout Ratio is ranked better than
85.12% of 289 companies
in the Insurance industry
Industry Median: 0.37 vs ESNT: 0.15

As of today (2024-04-28), the Dividend Yield % of Essent Group is 1.91%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Essent Group was 2.35%. The lowest was 0.27%. And the median was 1.73%.

Essent Group's Dividends per Share for the months ended in Dec. 2023 was $0.25.

During the past 12 months, Essent Group's average Dividends Per Share Growth Rate was 16.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Essent Group was 42.10% per year. The lowest was 16.00% per year. And the median was 29.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Essent Group Dividend Payout Ratio Historical Data

The historical data trend for Essent Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Essent Group Dividend Payout Ratio Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.17 0.12 0.11 0.15

Essent Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.16 0.16 0.15 0.15

Competitive Comparison of Essent Group's Dividend Payout Ratio

For the Insurance - Specialty subindustry, Essent Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Essent Group's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Essent Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Essent Group's Dividend Payout Ratio falls into.



Essent Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Essent Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1/ 6.5
=0.15

Essent Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ 1.64
=0.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Essent Group (NYSE:ESNT) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Essent Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Essent Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Essent Group (Essent Group) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.
Executives
Mary Lourdes Gibbons officer: Sr. VP, CLO & Assit. Secretary C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Vijay Bhasin officer: Sr. VP & Chief Risk Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
David B Weinstock officer: VP & Chief Accounting Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Douglas J Pauls director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Aditya Dutt director RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19
Anu Karna director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Robert Glanville director C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165
Mark Casale director, officer: CEO & President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mcalee Lawrence E Jr officer: Sr. VP & CFO C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
William Spiegel director C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08
Roy James Kasmar director C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Joseph Hissong officer: Senior Vice President C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Jeff Cashmer officer: SVP & Chief Business Officer C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher G Curran officer: SVP, Corporate Development C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171