In 2026, Texas Mutual distributed $300 million in general dividends to nearly 74,000 policyholders.
Our dividend program plays a fundamental role in our work toward building a stronger, safer Texas. 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.
When an employer purchases a policy at Texas Mutual, they’re not just buying financial security for themselves and their employees. They're also becoming owners of Texas Mutual. We choose year after year to reward qualifying policyholders who contribute toward keeping employees safe and workers’ comp costs low.
We’ve distributed general dividends for 28 consecutive years, bringing the payout total to nearly $5.1 billion.
Our dividend distribution has always been about more than our financial success. It gets to the heart of consistently rewarding our policyholder owners for sharing in our mission of building safer workplaces.
For many policyholders, dividends are key to managing workers' comp costs. Dividends give you more control over the net cost of insurance because they are based on your company’s loss experience.
Texas Mutual policyholders have multiple opportunities to earn dividends. 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.
General dividends
We reward policyholders by providing them with two different ways to earn a general dividend.
Historically, Texas Mutual has paid general 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 a general and group dividend from Texas Mutual.
Historically, safety group dividends are processed throughout the year.
In 2025, Texas Mutual paid nearly $20 million in safety group dividends.
We mailed 2026 general dividend checks directly to qualifying policyholders in late June. You or your agent can log in to Texas Mutual Online (TMO) to see dividend information. Policyholders who don’t have an account but would like to log in and see their dividend information should create an online account and request dividend access.
We currently do not offer direct deposit. We can reissue checks if you misplace or accidentally discard it. Contact our Information Services Center for more information.
Dividends are based on performance, are not guaranteed and
must comply with Texas Department of Insurance rules.
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. And as your workers’ comp partner, we’re here to help.