Safety Insurance Group, Inc. (NASDAQ:SAFT)

CAPS Rating: 5 out of 5

A provider of private passenger automobile insurance in Massachusetts. It also offers a portfolio of property and casualty insurance products, including commercial automobile, homeowners, dwelling fire, umbrella and business owner policies.

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Player Avatar JohnStuartMill (61.42) Submitted: 3/26/2013 9:25:34 PM : Outperform Start Price: $47.00 SAFT Score: -1.17

The 58% payout ratio has me a bit worried, but is due to the recent big storm hit. The 4.9% dividend could possibly be a short term high. I would buy in here with no expectations of an increase in the dividend rate in the near future. In fact, if the dividend were further increased, it would worry me.

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