ProAssurance (PRA) Dividends & Splits

ProAssurance Corp (PRA) is a company that offers various insurance products and services to healthcare professionals and facilities. One aspect of investing in ProAssurance Corp is the potential for dividends and stock splits. Dividends are a portion of the company's earnings that are distributed to shareholders, typically in the form of cash. In the case of ProAssurance Corp, the dividend yield is a measure of the annual dividend payment relative to the stock's price. This can be calculated by dividing the annual dividend amount per share by the stock's current price. The payout ratio, on the other hand, is the proportion of earnings that are paid out as dividends. It can be calculated by dividing the annual dividend per share by the earnings per share.

Investors may also be interested in understanding the timing of dividend payments. The ex-dividend date is the date on which a stock begins trading without the upcoming dividend. This means that investors need to purchase the stock before the ex-dividend date in order to receive the dividend. In terms of stock splits, ProAssurance Corp may decide to split its shares in order to make them more affordable for investors. A stock split involves dividing existing shares into multiple shares, which can lower the stock price. The split multiple refers to the ratio at which the shares are split. For example, a 2-for-1 split would mean that each share is split into two shares. These splits do not change the overall value of an investor's position in the company.