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Director Dennis J. Langwell of Safety Insurance Group Inc (NASDAQ:SAFT) acquired 2,000 shares of common stock on September 5, 2025, at a price of $72.39 per share. The total value of the purchase amounted to $144,780. The purchase price represents an attractive entry point, as InvestingPro analysis indicates the stock is currently undervalued. The company, with a market capitalization of $1.08 billion, offers a robust 5.1% dividend yield and has maintained dividend payments for 23 consecutive years.
With a P/E ratio of 12.6 and an overall financial health score rated as "GOOD" by InvestingPro, the company shows solid fundamentals. Following the transaction, Langwell directly owns 8,000 shares of Safety Insurance Group Inc.
In other recent news, Safety Insurance Group announced its second quarter 2025 financial results, highlighting a significant improvement in net income. The company reported a net income of $28.9 million, or $1.95 per diluted share, compared to $16.6 million, or $1.13 per diluted share, in the same quarter of the previous year. Alongside these results, the Board of Directors approved a dividend increase from $0.90 to $0.92 per share. This dividend is scheduled to be paid on September 15, 2025, to shareholders who are on record as of September 2, 2025. These developments reflect the company’s ongoing financial health and commitment to returning value to its shareholders.
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