The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.
Progressive Dividend Announcement
• Progressive announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-10-11. Ex dividend date: 2024-10-03
• Progressive annual dividend for 2024 was $1.15
• Progressive annual dividend for 2023 was $0.40
• Progressive's trailing twelve-month (TTM) dividend yield is 0.44%
• Progressive's payout ratio for the trailing twelve months (TTM) is 8.53%
• Progressive's dividend growth over the last five years (2018-2023) was -18.68% year
• Progressive's dividend growth over the last ten years (2013-2023) was 3.47% year
Progressive Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-03 | $0.10 | quarterly | 2024-10-11 |
| 2024-07-03 | $0.10 | quarterly | 2024-07-12 |
| 2024-04-03 | $0.10 | quarterly | 2024-04-12 |
| 2024-01-18 | $0.85 | quarterly | 2024-01-26 |
| 2023-10-04 | $0.10 | quarterly | 2023-10-13 |
| 2023-07-06 | $0.10 | quarterly | 2023-07-14 |
| 2023-04-05 | $0.10 | quarterly | 2023-04-14 |
| 2023-01-05 | $0.10 | quarterly | 2023-01-13 |
| 2022-10-06 | $0.10 | quarterly | 2022-10-14 |
| 2022-07-06 | $0.10 | quarterly | 2022-07-15 |
| 2022-04-06 | $0.10 | quarterly | 2022-04-14 |
| 2022-01-06 | $0.10 | quarterly | 2022-01-14 |
| 2021-12-17 | $1.50 | quarterly | 2021-12-29 |
| 2021-10-06 | $0.10 | quarterly | 2021-10-15 |
| 2021-07-06 | $0.10 | quarterly | 2021-07-15 |
| 2021-04-06 | $0.10 | quarterly | 2021-04-15 |
| 2021-01-07 | $4.50 | quarterly | 2021-01-15 |
| 2020-10-06 | $0.10 | quarterly | 2020-10-15 |
| 2020-07-06 | $0.10 | quarterly | 2020-07-15 |
| 2020-04-06 | $0.10 | quarterly | 2020-04-15 |
| 2020-01-07 | $2.25 | quarterly | 2020-01-15 |
| 2019-10-04 | $0.10 | quarterly | 2019-10-15 |
| 2019-07-03 | $0.10 | quarterly | 2019-07-15 |
| 2019-04-04 | $0.10 | quarterly | 2019-04-15 |
| 2019-02-01 | $2.51 | quarterly | 2019-02-11 |
| 2018-02-01 | $1.12 | quarterly | 2018-02-09 |
| 2017-02-01 | $0.68 | quarterly | 2017-02-10 |
| 2016-02-01 | $0.89 | quarterly | 2016-02-12 |
| 2015-02-02 | $0.69 | quarterly | 2015-02-13 |
| 2014-01-27 | $1.49 | quarterly | 2014-02-07 |
| 2013-01-23 | $0.28 | quarterly | 2013-02-01 |
Progressive Dividend per year
Progressive Dividend growth
Progressive Dividend Yield
Progressive current trailing twelve-month (TTM) dividend yield is 0.44%. Interested in purchasing Progressive stock? Use our calculator to estimate your expected dividend yield:
Progressive Financial Ratios
P/E ratio18.89
PEG ratio2.08
P/B ratio36.20
ROE46.58%
Payout ratio8.53%
Current ratio0.48
Quick ratio1.21
Cash Ratio0.00
Progressive Dividend FAQ
How much is the next Progressive dividend?
Progressive's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Progressive dividend. The next Progressive dividend will be released in January, April, July, or October.
When is Progressive dividend paid?
Progressive 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 Progressive pay?
The specific amount of Progressive 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 Progressive's dividend history.
Does Progressive stock pay dividends?
Yes, Progressive 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 Progressive's dividend history.
How much dividend does Progressive pay?
Progressive paid $1.15 in 2024, $0.4 in 2023, $0.4 in 2022, $6.3 in 2021, and $2.55 in 2020.
How often does Progressive pay dividends?
Progressive 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 Progressive's dividend yield?
The current dividend yield for Progressive is 0.44%. 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 Progressive's exact dividend yield.
When does Progressive go ex dividend?
Progressive's ex-dividend date for the latest dividend was on 2024-10-03. Progressive 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 Progressive dividend paid?
Progressive pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Progressive 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 Progressive 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 Progressive dividend per share?
Progressive paid $1.15 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that Progressive 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 Progressive 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 Progressive 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 Progressive a dividend stock?
Yes, Progressive is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Progressive a good dividend stock?
Whether Progressive is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Progressive has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Progressive 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.
Other factors to consider when evaluating Progressive 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 Progressive pay dividends monthly?
Progressive typically pays dividends on a quarterly basis.
Does Progressive pay dividends quarterly?
Progressive currently pays dividends on a quarterly basis.
Has Progressive ever paid a dividend?
Yes, Progressive has a history of paying dividends to its shareholders. Progressive is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Progressive dividend stocks?
To buy Progressive 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 Progressive 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.
Place an order: Use the brokerage's trading platform to place an order to buy Progressive 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 Progressive pay dividends 2024?
Progressive pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-11. 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 Progressive increase its dividend in 2024?
Decisions regarding Progressive 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 Progressive dividend overview you can look into the above table of dividend history.
How Progressive dividend works?
The Progressive 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 Progressive's dividend process works:
1. Determination of Dividend: Progressive'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, Progressive 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, Progressive 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 Progressive 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.
1. Determination of Dividend: Progressive'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, Progressive 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, Progressive 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 Progressive 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 Progressive dividends paid?
Progressive dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Progressive 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, Progressive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Progressive 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.
1. Record Date: Progressive 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, Progressive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Progressive 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 Progressive pay dividends?
Progressive 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 Progressive pay dividends?
The general pattern is that Progressive 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 Progressive dividend safe?
The safety of Progressive'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 Progressive'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 Progressive'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.
To assess the safety of Progressive'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 Progressive'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.