State Auto Financial Corp (NASDAQ:STFC) declared a dividend on Friday, November 8th, Fidelity reports. Stockholders of record on Tuesday, December 17th will be given a dividend of 0.10 per share by the insurance provider on Friday, December 27th. The ex-dividend date is Monday, December 16th.

State Auto Financial has a payout ratio of 37.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect State Auto Financial to earn $1.65 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 24.2%.

Shares of STFC stock traded down $0.40 during trading hours on Friday, reaching $31.76. The stock had a trading volume of 40,321 shares, compared to its average volume of 38,668. The stock’s fifty day simple moving average is $32.36 and its 200 day simple moving average is $33.28. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.13. State Auto Financial has a 12 month low of $28.10 and a 12 month high of $36.45. The firm has a market capitalization of $1.40 billion, a PE ratio of 32.49 and a beta of 0.33.

State Auto Financial (NASDAQ:STFC) last released its quarterly earnings data on Thursday, October 31st. The insurance provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.15). State Auto Financial had a net margin of 2.31% and a return on equity of 4.88%. The firm had revenue of $334.50 million during the quarter, compared to the consensus estimate of $340.00 million. During the same quarter last year, the business posted $0.44 earnings per share. State Auto Financial’s revenue was down 3.3% compared to the same quarter last year. As a group, equities research analysts anticipate that State Auto Financial will post 1.03 EPS for the current fiscal year.

A number of equities analysts have recently commented on STFC shares. BidaskClub lowered shares of State Auto Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 10th. Zacks Investment Research lowered shares of State Auto Financial from a “hold” rating to a “strong sell” rating in a research report on Friday, November 8th. ValuEngine upgraded shares of State Auto Financial from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, TheStreet upgraded shares of State Auto Financial from a “c+” rating to a “b” rating in a research report on Friday, November 29th.

In other State Auto Financial news, VP Matthew Stanley Mrozek sold 3,700 shares of State Auto Financial stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $31.26, for a total transaction of $115,662.00. Following the completion of the sale, the vice president now directly owns 6,474 shares in the company, valued at $202,377.24. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.83% of the stock is currently owned by company insiders.

State Auto Financial Company Profile

State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.

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Dividend History for State Auto Financial (NASDAQ:STFC)

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