Mercury General Corp (NYSE:MCY)
CAPS Rating:
The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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The Company and its subsidiaries are engaged primarily in writing automobile insurance in a number of states, principally California.
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This insurance company has posted solid growth while steadily increasing its dividend. The dividend is still only 30% of free cash flow which shows they are still focused on growing. Free cash flow is significant in relation to income.