Safety Insurance Group (SAFT) Declares $0.80 Quarterly Dividend; 3.5% Yield
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Safety Announces Second Quarter 2018 Results and Declares Third Quarter 2018 Dividend
August 1, 2018 4:05 PM EDTBOSTON--(BUSINESS WIRE)-- Safety Insurance Group, Inc. (NASDAQ: SAFT) today reported second quarter 2018 results. Net income for the quarter ended June 30, 2018 was $26.8 million, or $1.75 per diluted share, compared to net income of $21.1 million, or $1.39 per diluted share, for the comparable 2017 period. Net income for the six months ended June 30, 2018 was $35.9 million, or $2.35 per diluted share, compared to net income of $33.1 million, or $2.18 per diluted share, for the comparable 2017 period. Non-generally accepted accounting principles (non-GAAP) operating income, as defined below, for the quarter ended June 30, 2018 was $1.81 per diluted share, compared to $1.37 per diluted share, for the comparable 2017... More
