---
title: $6M Dividend Announcement
description: Beacon Mutual today announced it will distribute Six Million Dollars in dividend payments to its safest policyholders.
image: https://blog.beaconmutual.com/hubfs/DividendAnnouncementBuilding.webp
---

[Skip to Main Content](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#body-content)

- [Make a Payment](https://www.beaconmutual.com/payments/)
- [Report an Injury](https://www.beaconmutual.com/employers/report-an-injury/)
- [Contact](https://www.beaconmutual.com/contact/)
- [Careers](https://www.beaconmutual.com/about/careers/)
- [Help](https://help.beaconmutual.com/)

[Online Portal Login](https://www.beaconmutual.com/portal)

[![Beacon Mutual](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/logo.svg)](https://www.beaconmutual.com)

- [Employers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Employers"
  
    - [Policyholders](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [Report an Injury](https://www.beaconmutual.com/employers/report-an-injury/)
          - [Manage Claims](https://www.beaconmutual.com/employers/manage-claims/)
          - [Why Beacon Mutual?](https://www.beaconmutual.com/employers/why-beacon-mutual/)
          - [Massachusetts Coverage](https://www.beaconmutual.com/employers/massachusetts/)
          - [Connecticut Coverage](https://www.beaconmutual.com/employers/connecticut-coverage/)
          - [Small Business](https://www.beaconmutual.com/employers/small-business/)
          - [Workers’ Compensation 101](https://www.beaconmutual.com/employers/wc101/)
          - [Premium Audit](https://www.beaconmutual.com/premium-audit/)
          - [Beacon Pay As You Go (PYG)](https://www.beaconmutual.com/pyg/)
          - [Temp and Leasing Agencies](https://www.beaconmutual.com/employers/temp-agencies/)
          - [Recursos en Español](https://www.beaconmutual.com/workers/ayudandole-a-mejorar/)
          - [Frequently Asked Questions (FAQs)](https://www.beaconmutual.com/employers/employer-faq/)
    - [Get Insurance](https://www.beaconmutual.com/get-started/) 
          - [It's easy to get workers' compensation for Rhode Island, Massachusetts, or Connecticut business. Get a BeaQuick Quote and connect with an agent. Get Insurance](https://www.beaconmutual.com/get-started/)
    - [Safety Center](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [Safety Services](https://www.beaconmutual.com/employers/safety-services/)
          - [Safety Training & Resources](https://www.beaconmutual.com/safety-training/)
          - [Ergonomic Services](https://www.beaconmutual.com/employers/ergonomic-services/)
          - [Stay-at-Work/Return-to-Work](https://www.beaconmutual.com/employers/saw-rtw/)
          - [Case Studies](https://www.beaconmutual.com/employers/case-studies/)
          - [Loss Prevention Documents](https://help.beaconmutual.com/how-to-access-loss-prevention-documents)
          - [Safety FAQ](https://www.beaconmutual.com/employers/safety-faq/)
    - [Industry Expertise](https://www.beaconmutual.com/employers/industry-expertise/) 
          - [We have the expertise to provide workers' comp services to a variety of industries in RI, MA, and CT. We understand your business and know how to protect your people. Find Your Industry](https://www.beaconmutual.com/employers/industry-expertise/)
- [Workers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Workers"
  
    - [Workers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [What to Expect After a Work Injury](https://www.beaconmutual.com/workers/workers-what-to-expect-after-a-work-injury/)
          - [Find a Doctor (PPN)](https://www.beaconmutual.com/workers/find-a-doctor/)
          - [Fill a Prescription](https://www.beaconmutual.com/workers/fill-a-prescription/)
          - [Safety Services](https://www.beaconmutual.com/employers/safety-services/)
          - [Worker FAQ](https://www.beaconmutual.com/workers/worker-faq/)
          - [Recursos en Español](https://www.beaconmutual.com/workers/ayudandole-a-mejorar/)
    - [Medical Providers](https://www.beaconmutual.com/workers/medical-providers/) 
          - [Our team works closely with the state’s medical providers to deliver the appropriate care to injured workers. Learn More](https://www.beaconmutual.com/workers/medical-providers/)
    - [Stay-at-Work/Return-to-Work](https://www.beaconmutual.com/employers/saw-rtw/) 
          - [Our program helps injured workers return to work safely, by assisting the employer in providing modified duties and support through the recovery process. Learn More](https://www.beaconmutual.com/employers/saw-rtw/)
- [Agents](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Agents"
  
    - [Agents Overview](https://www.beaconmutual.com/agents/)
    - [Coverage in MA & CT](https://www.beaconmutual.com/agents/coverage-ma-ct/)
    - [Become Approved Agency](https://www.beaconmutual.com/agents/agency-approval-process/)
    - [Agency Toolbox](https://help.beaconmutual.com/agency-toolbox-training)
    - [Agent FAQ](https://www.beaconmutual.com/agents/agent-faq/)
    - [Get Insurance](https://www.beaconmutual.com/get-started/)
- [News & Insights](https://blog.beaconmutual.com)
- [About](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "About"
  
    - [Who We Are](https://www.beaconmutual.com/about/who-we-are/)
    - [Leadership](https://www.beaconmutual.com/about/the-beacon-team/)
    - [Careers](https://www.beaconmutual.com/about/careers/)
    - [Total Rewards Program](https://www.beaconmutual.com/about/join-our-team/)
    - [Community Relations](https://www.beaconmutual.com/about/community-relations/)
    - [The Beacon Foundation](https://www.beaconmutual.com/the-beacon-foundation/)

- [Employers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Employers"
  
    - [Policyholders](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [Report an Injury](https://www.beaconmutual.com/employers/report-an-injury/)
          - [Manage Claims](https://www.beaconmutual.com/employers/manage-claims/)
          - [Why Beacon Mutual?](https://www.beaconmutual.com/employers/why-beacon-mutual/)
          - [Massachusetts Coverage](https://www.beaconmutual.com/employers/massachusetts/)
          - [Connecticut Coverage](https://www.beaconmutual.com/employers/connecticut-coverage/)
          - [Small Business](https://www.beaconmutual.com/employers/small-business/)
          - [Workers’ Compensation 101](https://www.beaconmutual.com/employers/wc101/)
          - [Premium Audit](https://www.beaconmutual.com/premium-audit/)
          - [Beacon Pay As You Go (PYG)](https://www.beaconmutual.com/pyg/)
          - [Temp and Leasing Agencies](https://www.beaconmutual.com/employers/temp-agencies/)
          - [Recursos en Español](https://www.beaconmutual.com/workers/ayudandole-a-mejorar/)
          - [Frequently Asked Questions (FAQs)](https://www.beaconmutual.com/employers/employer-faq/)
    - [Get Insurance](https://www.beaconmutual.com/get-started/) 
          - [It's easy to get workers' compensation for Rhode Island, Massachusetts, or Connecticut business. Get a BeaQuick Quote and connect with an agent. Get Insurance](https://www.beaconmutual.com/get-started/)
    - [Safety Center](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [Safety Services](https://www.beaconmutual.com/employers/safety-services/)
          - [Safety Training & Resources](https://www.beaconmutual.com/safety-training/)
          - [Ergonomic Services](https://www.beaconmutual.com/employers/ergonomic-services/)
          - [Stay-at-Work/Return-to-Work](https://www.beaconmutual.com/employers/saw-rtw/)
          - [Case Studies](https://www.beaconmutual.com/employers/case-studies/)
          - [Loss Prevention Documents](https://help.beaconmutual.com/how-to-access-loss-prevention-documents)
          - [Safety FAQ](https://www.beaconmutual.com/employers/safety-faq/)
    - [Industry Expertise](https://www.beaconmutual.com/employers/industry-expertise/) 
          - [We have the expertise to provide workers' comp services to a variety of industries in RI, MA, and CT. We understand your business and know how to protect your people. Find Your Industry](https://www.beaconmutual.com/employers/industry-expertise/)
- [Workers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Workers"
  
    - [Workers](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
      
          - [What to Expect After a Work Injury](https://www.beaconmutual.com/workers/workers-what-to-expect-after-a-work-injury/)
          - [Find a Doctor (PPN)](https://www.beaconmutual.com/workers/find-a-doctor/)
          - [Fill a Prescription](https://www.beaconmutual.com/workers/fill-a-prescription/)
          - [Safety Services](https://www.beaconmutual.com/employers/safety-services/)
          - [Worker FAQ](https://www.beaconmutual.com/workers/worker-faq/)
          - [Recursos en Español](https://www.beaconmutual.com/workers/ayudandole-a-mejorar/)
    - [Medical Providers](https://www.beaconmutual.com/workers/medical-providers/) 
          - [Our team works closely with the state’s medical providers to deliver the appropriate care to injured workers. Learn More](https://www.beaconmutual.com/workers/medical-providers/)
    - [Stay-at-Work/Return-to-Work](https://www.beaconmutual.com/employers/saw-rtw/) 
          - [Our program helps injured workers return to work safely, by assisting the employer in providing modified duties and support through the recovery process. Learn More](https://www.beaconmutual.com/employers/saw-rtw/)
- [Agents](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "Agents"
  
    - [Agents Overview](https://www.beaconmutual.com/agents/)
    - [Coverage in MA & CT](https://www.beaconmutual.com/agents/coverage-ma-ct/)
    - [Become Approved Agency](https://www.beaconmutual.com/agents/agency-approval-process/)
    - [Agency Toolbox](https://help.beaconmutual.com/agency-toolbox-training)
    - [Agent FAQ](https://www.beaconmutual.com/agents/agent-faq/)
    - [Get Insurance](https://www.beaconmutual.com/get-started/)
- [News & Insights](https://blog.beaconmutual.com)
- [About](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0)
  
  Show submenu for "About"
  
    - [Who We Are](https://www.beaconmutual.com/about/who-we-are/)
    - [Leadership](https://www.beaconmutual.com/about/the-beacon-team/)
    - [Careers](https://www.beaconmutual.com/about/careers/)
    - [Total Rewards Program](https://www.beaconmutual.com/about/join-our-team/)
    - [Community Relations](https://www.beaconmutual.com/about/community-relations/)
    - [The Beacon Foundation](https://www.beaconmutual.com/the-beacon-foundation/)

- [Make a Payment](https://www.beaconmutual.com/payments/)
- [Report an Injury](https://www.beaconmutual.com/employers/report-an-injury/)
- [Contact](https://www.beaconmutual.com/contact/)
- [Careers](https://www.beaconmutual.com/about/careers/)
- [Help](https://help.beaconmutual.com/)

[Online Portal Login](https://www.beaconmutual.com/portal)

January 21, 2020 | [Corporate News](https://blog.beaconmutual.com/tag/corporate-news)

# $6M Dividend Announcement

![Beacon Mutual buidling](https://blog.beaconmutual.com/hubfs/DividendAnnouncementBuilding.webp)

### Beacon Mutual Announces $6 Million Policyholder Dividend

Warwick, R.I.  – The Beacon Mutual Insurance Company today announced it will distribute Six Million Dollars ($6,000,000) in dividend payments to its safest policyholders.  This is the second highest dividend paid in Beacon Mutual’s history and the first time that Beacon Mutual has rewarded safety performance through a dividend.  This dividend is in addition to Beacon’s overall reduction in premium rates for each of the last four years.  Beacon Mutual, Rhode Island’s largest provider of workers’ compensation insurance, will begin issuing the dividend during the third quarter of 2020.

“As a mutual insurance company, we are owned by our policyholders.  Our interests are aligned with their interests.  This dividend recognizes policyholders who have contributed to Beacon Mutual’s financial strength by demonstrating safety as a priority in order to keep workers safe and losses low,” said Beacon Mutual President & CEO Brian J. Spero. “We are pleased to share these results for the benefit of employee safety and our policyholders’ bottom line.”

“Workplace safety is essential for a healthy economy. This dividend will allow Rhode Island employers to reinvest in their businesses and make critical investments in workplace safety that will help our economy as it continues to grow,” said Rhode Island Governor Gina M. Raimondo.

The dividend will be distributed to qualifying policyholders based on their premium size and safety results for policies in force as of December 31, 2019.  It is projected to return an average of 5 percent of premium to 94 percent of Beacon Mutual’s policyholders.

Beacon Mutual Board Chairman, Raymond C. Coia, stated: “Beacon Mutual remains dedicated to its purpose of providing fairly priced workers’ compensation insurance to all Rhode Island employers that seek coverage, to help make workplaces safer, and to restore injured workers’ ability to work.”

Beacon Mutual has a successful 27-year history of protecting Rhode Island employers and employees through high-quality safety training programs and educational resources to prevent workplace accidents and to return injured employees to work with compassion and care. 

![Beacon Mutual](https://blog.beaconmutual.com/hubfs/BeaconMutual_symbol_color.png)

Written by

Beacon Mutual

Focused on What Matters Most... Protecting Your People

- [Employers](https://www.beaconmutual.com/employers) 
    - [Get Insurance](https://www.beaconmutual.com/get-started/)
    - [Industry Expertise](https://www.beaconmutual.com/employers/industry-expertise/)
    - [Case Studies](https://www.beaconmutual.com/employers/case-studies/)
    - [Beacon Pay As You Go](https://www.beaconmutual.com/pyg/)
- [Workers](https://www.beaconmutual.com/workers/) 
    - [What to Expect](https://www.beaconmutual.com/workers/workers-what-to-expect-after-a-work-injury/)
    - [Worker FAQ](https://www.beaconmutual.com/workers/worker-faq/)
    - [Medical Providers](https://www.beaconmutual.com/workers/medical-providers/)
    - [Stay/Return-to-Work Program](https://www.beaconmutual.com/employers/saw-rtw/)
- [Agents](https://www.beaconmutual.com/agents/) 
    - [Agency Toolbox](https://beaconnect.beaconmutual.com/information/Pages/Agency-Toolbox.aspx)
    - [Agent FAQ](https://www.beaconmutual.com/agents/agent-faq/)
    - [Become an Approved Agency](https://www.beaconmutual.com/agents/agency-approval-process/)
- [About](https://www.beaconmutual.com/about/) 
    - [Who We Are](https://www.beaconmutual.com/about/who-we-are/)
    - [The Beacon Team](https://www.beaconmutual.com/about/the-beacon-team/)
    - [Community Relations](https://www.beaconmutual.com/about/community-relations/)
    - [The Beacon Foundation](https://www.beaconmutual.com/the-beacon-foundation/)
- [More](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0) 
    - [Online Portal Login](https://www.beaconmutual.com/portal/)
    - [Make a Payment](https://www.beaconmutual.com/payments/)
    - [Report an Injury](https://www.beaconmutual.com/employers/report-an-injury/)
    - [Report Fraud](https://www.beaconmutual.com/fight-fraud/)
- [Utility](https://blog.beaconmutual.com/beacon-mutual-announces-6m-policyholder-dividend#0) 
    - [Contact](https://www.beaconmutual.com/contact/)
    - [FAQ](https://www.beaconmutual.com/employers/employer-faq/)
    - [Careers](https://www.beaconmutual.com/about/careers/)
    - [News & Insights](https://www.beaconmutual.com/news-insights/)

© 2026 Beacon Mutual. All Rights Reserved.

- [Terms of Use and Privacy Policy](https://www.beaconmutual.com/terms-privacy-statement/)

- [![LinkedIn](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/social_linkedin.svg)](https://www.linkedin.com/company/beacon-mutual-insurance)
- [![Twitter](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/social_twitter.svg)](https://twitter.com/beaconmutual/)
- [![Instagram](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/social_instagram.svg)](https://www.instagram.com/beaconmutual/)
- [![Facebook](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/social_facebook.svg)](https://www.facebook.com/beaconmutual)
- [![Youtube](https://blog.beaconmutual.com/hubfs/Beacon_Mutual_v2_Files/social_youtube.svg)](https://www.youtube.com/@beaconmutual)

[Website Design](http://www.jumpingjackrabbit.com) by [Jackrabbit](http://www.jumpingjackrabbit.com)