Just for Employers


In May, the Texas Mutual board of directors voted unanimously for the 2022 dividend payout. This June,
Texas Mutual will be distributing $330 million in dividends to its qualifying policyholders. For more than 20 years, our dividend program has played a fundamental role in our work toward building a stronger, safer Texas. This year, we’re proud to be able to reward our policyholders for their dedication to maintaining safe work environments and trusting us to protect their businesses.


Ownership pays

Our dividend distribution has always been about more than our financial success. It gets to the heart of consistently rewarding our policyholders for sharing in our mission of building safer workplaces.

3.7 billion graphic

$3.7 billion paid in dividends
since 1999

oil field workers

Sharing our financial strength

We have distributed dividends for 24 consecutive years, bringing the payout total to over $3.7 billion. We choose year after year to reward qualifying policyholders who contribute toward keeping employees safe and losses low. When an employer purchases a policy at Texas Mutual, they are not just buying financial security for themselves and their employees. They're also becoming owners of Texas Mutual.

As a policyholder, you can improve your chance of qualifying for a dividend by prioritizing safety and putting a return to work program in place. We are here to help.

Read more about safety

Learn about return to work

dividend history graph

For many policyholders, dividends are key to managing their workers' comp costs. Dividends give more control over the total cost to the policyholder because they are based on the policyholder's loss experience.

They also give us the chance to recognize our policyholders across the state who are working hard to keep employees safe and workers' comp costs low. Because that's a commitment that deserves to be rewarded.

Qualifying for a dividend

Whether you’re a new policyholder or have been with us for several years, you can qualify for a dividend. Eligible policyholders include those who have a current, in-force policy and are in good standing.

Individual dividends

We reward policyholders by providing them with two different ways to earn a dividend. Safety, paid through the annual component, and loyalty, paid through the retention component, are at the core of a Texas Mutual dividend.

When you choose to do business with us, you deserve to be rewarded for that loyalty. We reward your trust in us when you qualify for the retention component of the dividend.

We recognize policyholders who choose Texas Mutual and have acceptable combined loss ratios from the prior calendar year.

Historically, Texas Mutual has paid individual dividends in June.

Safety group dividends

Policyholders who are safety group members can also qualify for a group dividend if the group has a favorable loss history. By coming together to form safer workplaces, safety group members can potentially earn both an individual and group dividend from Texas Mutual. In 2021, Texas Mutual paid $21.2 million in safety group dividends.

Learn more about safety groups

Dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations.

Receiving a dividend

For 2022 dividends, we will mail checks in late June. You can log in to your Texas Mutual Online (TMO) account to see whether you will receive a dividend starting June 24. Your agent will be able to see dividend information for their qualifying clients starting June 6.

We currently do not offer direct deposit. We can reissue checks if you misplace or accidently discard it. Contact our Information Services Center for more information.

See dividend FAQs

Explore safety groups

Safety group members can earn an additional dividend. See if a safety group is a good fit for you to maximize your dividend potential.

Prioritizing safety

Reducing safety risks can help you earn a dividend. Our safety experts are here to help you take the first step in building a safer workplace.

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