Safety Insurance Group, Inc. (NASDAQ:SAFT)

The recent bad winter and general downturn in the market has beaten down the price a bit. The dividend looks lovely at this price.

Solid Company, dividend payer

Close to 5% yield, on sale, well run. Pretty boring, too, and that always helps.

The stock price is low right now, the dividend is huge and if it stayed the same for five years, then it would give you over a 25% return all by itself.

Looks solide but undervalued

I like how they manage to stream cash back to shareholders consistently for a long period of time.
Holding this company will earn you 4.40 percent in dividend pre-tax, if you buy it now.
That is not earth-shattering, but somehow it feels good.

Real money. A ridiculously good buy now, especially if the expected dividend increase occurs this summer.

Good dividend growth, decent position in its market.

No debt a lot of cash high yield won't go down as much over the next 2-3 months and will come back strong

Nice dividend. Well run company should continue to yield gains in stock price.

How can this not be a $55 stock. Good Div.

This stock is ridiculous. Management bought back over 7% of the total shares outstanding during the first 9 months of 2009, get this... at a 14% discount to tangible book value per share! Safety doesn't look like it's going to manage much organic growth over the next few years but who cares? They can create EPS growth of 10% a year just by buying back shares on the cheap. Then, when earnings do pick up in a few years, watch out. Yeah, that 4.5% dividend is nice too.

Worst case scenario, this stock should be trading over $41 (its tangible book value per share). The only potential "catch" is that Safety operates in the competitive and heavily regulated Massachusetts auto industry (although this basically guarantees steady earnings). Bottom line: buying this stock is like paying $17 for a $20 bill.

nice dividend. this company prints money. Feels like a very safe play in a volatile market and potential acquisition target.

Below book. No debt.

SAFT has lagged the market's rise, with Price/Book Value around 0.91 there is plenty of upside with considerably less downside than the market now has.
Here's Safety Insurance's historical book value.

PEG less than one, payout ratio less than 50%, 5 year dividend growth rate of 36%, dividend yield of 5%, small cap, 16% insider holdings

I agree with Ag81...the numbers on this company are unreal.

P/B < 1 (0.81)
PEG < 1 (0.56)
Dividend Payout = 40%
Net Profit Margin = 10.96%
ROE = 10.59%

Dividend yield at $32.00 = 5.00%

Good amount of institutional ownership...and an optionable stock.

I'm in at $32.00 and below...this looks like a good one.

Love the numbers. Nice dividend, high (relatively) insider holdings, not far off 52 week low. This stock should do well.

Dividend over 4, payout under 40, P/E under 8, good cash flow, no debt, simple business model, close to 52wk low- I like it.