AMERISAFE Raises Quarterly Dividend 5.1% to $0.41 Per Share
AMERISAFE Inc., a specialty workers' compensation insurer, increased its quarterly cash dividend from $0.39 to $0.41 per share. The dividend is payable March 20 to shareholders of record March 13.
AMERISAFE Inc. (Nasdaq: AMSF), a specialty provider of workers' compensation insurance focused on high-hazard industries, raised its regular quarterly cash dividend by 5.1% to $0.41 per share from $0.39 per share, the company announced February 25, 2026. Read more dividend announcements.
The dividend is payable March 20, 2026, to shareholders of record as of March 13, 2026. The increase marks the DeRidder, Louisiana-based insurer's latest capital return move as it reported full-year 2025 results.
| Dividend Details | Information |
|---|---|
| Amount | $0.41 per share |
| Previous Amount | $0.39 per share |
| Percentage Increase | 5.1% |
| Record Date | March 13, 2026 |
| Payment Date | March 20, 2026 |
| Frequency | Quarterly |
Full-Year Financial Performance
AMERISAFE reported net income of $47.1 million, or $2.47 per diluted share, for the year ended December 31, 2025, compared with $55.4 million, or $2.89 per diluted share, in 2024. The company posted return on equity of 18.5% for 2025.
Gross premiums written increased 10.2% for the year, driven by growth in voluntary premiums on policies written. Fourth-quarter gross premiums written rose to $70.1 million from $62.0 million in the prior-year period.
Net investment income declined 7.6% to $27.0 million for the full year, primarily due to lower average investable assets compared with 2024. The company reported net realized gains on investments of $3.0 million for the year.
Capital Management Activity
During the fourth quarter, AMERISAFE repurchased 197,672 shares at an average cost of $40.27 per share, totaling $8.0 million. For the full year, the company bought back 291,289 shares at an average cost of $41.54 per share, for a total of $12.1 million.
Since launching its share repurchase program in February 2010, AMERISAFE has repurchased 1,974,140 shares at an average cost of $27.43 per share, for a total of $54.2 million. The company had $16.9 million remaining under its repurchase authorization as of December 31, 2025.
The carrying value of AMERISAFE's investment portfolio, including cash and cash equivalents, stood at $796.8 million as of year-end 2025. Total assets were $1.13 billion, down from $1.16 billion at December 31, 2024.