company-logo

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. Erie Indemnity Company was incorporated in 1925 and is based in Erie, Pennsylvania.

Erie Indemnity Dividend Announcement

Erie Indemnity announced a quarterly dividend of $1.28 per ordinary share which will be made payable on 2024-10-22. Ex dividend date: 2024-10-07
Erie Indemnity annual dividend for 2024 was $5.10
Erie Indemnity annual dividend for 2023 was $4.76
Erie Indemnity's trailing twelve-month (TTM) dividend yield is 0.98%
Erie Indemnity's payout ratio for the trailing twelve months (TTM) is 43.28%
Erie Indemnity's dividend growth over the last five years (2018-2023) was 7.21% year
Erie Indemnity's dividend growth over the last ten years (2013-2023) was 10.35% year

Erie Indemnity Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-07$1.28quarterly2024-10-22
2024-07-09$1.27quarterly2024-07-23
2024-04-08$1.27quarterly2024-04-23
2024-01-05$1.27quarterly2024-01-23
2023-10-04$1.19quarterly2023-10-20
2023-07-05$1.19quarterly2023-07-20
2023-04-04$1.19quarterly2023-04-20
2023-01-04$1.19quarterly2023-01-20
2022-10-04$1.11quarterly2022-10-20
2022-07-05$1.11quarterly2022-07-20
2022-04-04$1.11quarterly2022-04-20
2022-01-04$1.11quarterly2022-01-20
2021-10-04$1.03quarterly2021-10-20
2021-07-02$1.03quarterly2021-07-20
2021-04-05$1.03quarterly2021-04-20
2021-01-04$1.03quarterly2021-01-20
2020-12-18$2.00quarterly2020-12-29
2020-10-02$0.96quarterly2020-10-20
2020-07-06$0.96quarterly2020-07-21
2020-04-03$0.96quarterly2020-04-21
2020-01-06$0.96quarterly2020-01-22
2019-10-04$0.90quarterly2019-10-22
2019-07-08$0.90quarterly2019-07-23
2019-04-05$0.90quarterly2019-04-23
2019-01-07$0.90quarterly2019-01-23
2018-10-05$0.84quarterly2018-10-23
2018-07-05$0.84quarterly2018-07-20
2018-04-05$0.84quarterly2018-04-20
2018-01-05$0.84quarterly2018-01-23
2017-10-04$0.78quarterly2017-10-20
2017-07-03$0.78quarterly2017-07-20
2017-04-03$0.78quarterly2017-04-20
2017-01-03$0.78quarterly2017-01-20
2016-10-03$0.73quarterly2016-10-20
2016-07-01$0.73quarterly2016-07-20
2016-04-04$0.73quarterly2016-04-20
2015-12-31$0.73quarterly2016-01-20
2015-10-01$0.68quarterly2015-10-20
2015-07-02$0.68quarterly2015-07-21
2015-04-02$0.68quarterly2015-04-21
2015-01-02$0.68quarterly2015-01-21
2014-09-30$0.64quarterly2014-10-17
2014-07-01$0.64quarterly2014-07-18
2014-04-03$0.64quarterly2014-04-22
2014-01-03$0.64quarterly2014-01-22
2013-10-02$0.59quarterly2013-10-18
2013-07-02$0.59quarterly2013-07-19
2013-04-03$0.59quarterly2013-04-19

Erie Indemnity Dividend per year

Erie Indemnity Dividend growth

Erie Indemnity Dividend Yield

Erie Indemnity current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing Erie Indemnity stock? Use our calculator to estimate your expected dividend yield:

Erie Indemnity Financial Ratios

P/E ratio45.83
PEG ratio6.75
P/B ratio13.29
ROE31.07%
Payout ratio43.28%
Current ratio1.32
Quick ratio1.32
Cash Ratio0.22

Erie Indemnity Dividend FAQ

How much is the next Erie Indemnity dividend?
Erie Indemnity's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Erie Indemnity dividend. The next Erie Indemnity dividend will be released in January, April, July, or October.
When is Erie Indemnity dividend paid?
Erie Indemnity pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Erie Indemnity pay?
The specific amount of Erie Indemnity dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Erie Indemnity's dividend history.
Does Erie Indemnity stock pay dividends?
Yes, Erie Indemnity does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Erie Indemnity's dividend history.
How much dividend does Erie Indemnity pay?
Erie Indemnity paid $5.105 in 2024, $4.76 in 2023, $4.44 in 2022, $4.14 in 2021, and $5.86 in 2020.
How often does Erie Indemnity pay dividends?
Erie Indemnity typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Erie Indemnity's dividend yield?
The current dividend yield for Erie Indemnity is 0.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Erie Indemnity's exact dividend yield.
When does Erie Indemnity go ex dividend?
Erie Indemnity's ex-dividend date for the latest dividend was on 2024-10-07. Erie Indemnity typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Erie Indemnity dividend paid?
Erie Indemnity pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Erie Indemnity increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Erie Indemnity will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Erie Indemnity dividend per share?
Erie Indemnity paid $5.105 per share in 2024 and $4.76 per share in 2023. The amount of dividend per share that Erie Indemnity pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Erie Indemnity a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Erie Indemnity a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Erie Indemnity a dividend stock?
Yes, Erie Indemnity is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Erie Indemnity a good dividend stock?
Whether Erie Indemnity is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Erie Indemnity has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Erie Indemnity as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Erie Indemnity pay dividends monthly?
Erie Indemnity typically pays dividends on a quarterly basis.
Does Erie Indemnity pay dividends quarterly?
Erie Indemnity currently pays dividends on a quarterly basis.
Has Erie Indemnity ever paid a dividend?
Yes, Erie Indemnity has a history of paying dividends to its shareholders. Erie Indemnity is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Erie Indemnity dividend stocks?
To buy Erie Indemnity you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Erie Indemnity stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Erie Indemnity pay dividends 2024?
Erie Indemnity pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Erie Indemnity increase its dividend in 2024?
Decisions regarding Erie Indemnity dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Erie Indemnity dividend overview you can look into the above table of dividend history.
How Erie Indemnity dividend works?
The Erie Indemnity dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Erie Indemnity's dividend process works:

1. Determination of Dividend: Erie Indemnity's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Erie Indemnity publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Erie Indemnity distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Erie Indemnity are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Erie Indemnity dividends paid?
Erie Indemnity dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Erie Indemnity sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Erie Indemnity distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Erie Indemnity declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Erie Indemnity pay dividends?
Erie Indemnity typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Erie Indemnity pay dividends?
The general pattern is that Erie Indemnity pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Erie Indemnity dividend safe?
The safety of Erie Indemnity's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Erie Indemnity's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Erie Indemnity's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.