Progressive Corp.

Progressive Corp. PGR

Dividend Summary

The next Progressive Corp. dividend is expected to go ex in 2 months and to be paid in 3 months.
The previous Progressive Corp. dividend was 10c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 15.4.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 10c Sign Up Required
Declaration date 07 Aug 2020 (Fri)
Ex-div date 06 Oct 2020 (Tue) 04 Feb 2021 (Thu)
Pay date 15 Oct 2020 (Thu) 12 Feb 2021 (Fri)

Enter the number of Progressive Corp. shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
95%
Our premium tools have predicted Progressive Corp. with 95% accuracy.
Dividend Yield Today
0.5%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Progressive Corp.
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 30 Jan 2025 07 Feb 2025 USD Sign up
Forecast Quarterly 02 Aug 2024 01 Oct 2024 10 Oct 2024 USD Sign up
Forecast Quarterly 03 May 2024 02 Jul 2024 10 Jul 2024 USD Sign up
Forecast Quarterly 09 Feb 2024 01 Apr 2024 10 Apr 2024 USD Sign up
Forecast Quarterly 01 Feb 2024 09 Feb 2024 USD Sign up
Forecast Quarterly 04 Aug 2023 03 Oct 2023 12 Oct 2023 USD Sign up
Forecast Quarterly 05 May 2023 03 Jul 2023 12 Jul 2023 USD Sign up
Forecast Quarterly 10 Feb 2023 03 Apr 2023 12 Apr 2023 USD Sign up
Forecast Quarterly 02 Feb 2023 10 Feb 2023 USD Sign up
Forecast Quarterly 05 Aug 2022 04 Oct 2022 13 Oct 2022 USD Sign up
Forecast Quarterly 06 May 2022 01 Jul 2022 13 Jul 2022 USD Sign up
Forecast Quarterly 11 Feb 2022 04 Apr 2022 13 Apr 2022 USD Sign up
Forecast Quarterly 03 Feb 2022 11 Feb 2022 USD Sign up
Forecast Quarterly 06 Aug 2021 05 Oct 2021 14 Oct 2021 USD Sign up
Forecast Quarterly 07 May 2021 02 Jul 2021 14 Jul 2021 USD Sign up
Forecast Quarterly 12 Feb 2021 05 Apr 2021 14 Apr 2021 USD Sign up
Forecast Quarterly 04 Feb 2021 12 Feb 2021 USD Sign up
Paid Quarterly 07 Aug 2020 06 Oct 2020 15 Oct 2020 USD 10c 10c 😄
Paid Quarterly 08 May 2020 06 Jul 2020 15 Jul 2020 USD 10c 10c 😄
Paid Quarterly 14 Feb 2020 06 Apr 2020 15 Apr 2020 USD 11c 10c 😊
Paid Special 06 Dec 2019 07 Jan 2020 15 Jan 2020 USD 225c
Paid Quarterly 06 Dec 2019 07 Jan 2020 15 Jan 2020 USD 10c 10c 😄
Paid Quarterly 02 Aug 2019 04 Oct 2019 15 Oct 2019 USD 10c
Paid Quarterly 10 May 2019 03 Jul 2019 15 Jul 2019 USD 10c
Paid Quarterly 15 Feb 2019 04 Apr 2019 15 Apr 2019 USD 10c
Paid Final 07 Dec 2018 01 Feb 2019 11 Feb 2019 USD 251.4c
Paid Final 08 Dec 2017 01 Feb 2018 09 Feb 2018 USD 112.47c
Paid Final 02 Dec 2016 01 Feb 2017 10 Feb 2017 USD 68.08c
Paid Final 04 Dec 2015 01 Feb 2016 12 Feb 2016 USD 88.82c
Paid Final 19 Dec 2014 02 Feb 2015 13 Feb 2015 USD 68.62c
Paid Special 09 Dec 2013 27 Jan 2014 07 Feb 2014 USD 100c
Paid Final 09 Dec 2013 27 Jan 2014 07 Feb 2014 USD 49.29c
Paid Final 07 Dec 2012 23 Jan 2013 01 Feb 2013 USD 28.45c
Paid Special 12 Oct 2012 19 Nov 2012 29 Nov 2012 USD 100c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 28.45c
100%
2013 49.29c
73.3%
2014 68.62c
39.2%
2015 88.82c
29.4%
2016 68.08c
-23.4%
2017 112.47c
65.2%
2018 251.4c
123.5%
2019 40.0c
-84.1%
2020 Sign Up Required
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required

Progressive Corp. Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
0.5%
Optimized Yield
Sign Up Required
52 Week High
0.9% on 01 January 2020
52 Week Low
0.4% on 12 October 2020
Next Ex-Div-Date Countdown
Sign Up Required

About Progressive Corp.

The Progressive Corporation, incorporated on February 4, 1965, is an insurance holding company. The Company's insurance subsidiaries and affiliates provide personal and commercial automobile and property insurance, other specialty property-casualty insurance and related services. The Company operates through the Personal Lines, Commercial Lines and Property segments. It also offers vehicle insurance products that protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. The Company's property insurance products protect its customers against losses due to damages to their structure or possessions within the structure, as well as liability for accidents occurring in the structure or on the property. Its non-insurance subsidiaries and affiliates generally support the Company's insurance and investment operations. The Company operates its vehicle businesses and property business in the United States. The Company also sells personal auto physical damage and auto property damage liability insurance in Australia.

Personal Lines

The Company's Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. The Personal Lines segment consists of its personal auto insurance products, as well as special lines products. The Personal auto insurance business includes Snapshot, the Company's usage-based insurance program, which is available to consumers through both the Agency and Direct channels. Special lines products include insurance for motorcycles, all-terrain vehicles (ATVs), recreational vehicles (RVs), manufactured homes, watercraft, snowmobiles and other items.

The Company's Personal Lines products are sold through both the Agency and Direct channels. These independent insurance agents and brokers place business with the Company for specified insurance coverages. The Agency business also writes insurance through strategic alliance business relationships with other insurance companies, financial institutions and national agencies. The Direct business includes business written directly by the Company on the Internet, through mobile devices and over the phone.

In the Personal Lines segment, the Company focuses to penetrate customer households through cross-selling auto policies with other products, including through Progressive Home Advantage (PHA) to meet a range of customer needs. PHA is a program in which it bundles auto product with property insurance provided by American Strategic Insurance (ASI), primarily in the Agency channel, or unaffiliated insurance carriers in the Direct channel. In addition, it offers Platinum product, which is a home and auto insurance combined offering that provides the agents a single offering with compensation, coordinated policy periods, single event deductible and other features.

Commercial Lines

The Commercial Lines business writes primary liability, physical damage and other auto-related insurance for automobiles and trucks owned and/or operated predominately by small businesses as a part of the commercial auto market. The Commercial Lines business operates in various business market targets, such as Business auto, which includes autos, vans and pick-up trucks used by small businesses, such as retailing, farming, services and private trucking; For-hire transportation, which includes tractors, trailers and straight trucks primarily used by regional general freight and expeditor-type businesses and non-fleet long-haul operators; Contractor, which includes vans, pick-up trucks, and dump trucks used by small businesses, such as artisans, heavy construction and landscapers/snowplowers; For-hire specialty, which includes dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging and coal-type businesses; Tow, which includes tow trucks and wreckers used in towing services and gas/service station businesses, and For-hire livery, which includes non-fleet taxis, black-car service and airport taxis.

Property

ASI is a homeowner carrier in the United States, which specializes in personal and commercial property insurance, personal umbrella insurance, and primary and excess flood insurance. Its Property business writes homeowners and renters insurance, primarily in the Agency channel for personal property insurance and for commercial property insurance. The Company also writes flood insurance in approximately 37 states, ASI is a provider of homeowner products for new PHA business in its Agency channel.

Other Indemnity

The Company's other indemnity businesses consist of managing its run-off businesses, including the run-off of professional liability business. It has three professional liability policies in force.

Service Businesses

The Company's service business includes Commercial Auto Insurance Procedures/Plans (CAIP) and Commission-based businesses. It is a servicing carrier on a nationwide basis for CAIP plans, which are state-supervised plans servicing the involuntary market. In its Direct business through Progressive Home Advantage, the Company offers home, condominium and renters insurance, among other products, written by unaffiliated insurance companies on a nationwide basis. Through Progressive Commercial Advantage, the Company offers its customers the ability to package their auto coverage with other commercial coverages that are written by unaffiliated insurance companies or placed with additional companies through unaffiliated insurance agencies. This program offers general liability and business owners' policies throughout the continental United States and workers' compensation coverage.

Sector
Nonlife Insurance
Country
United States
Share Price
$88.43 (yesterday's closing price)
Shares in Issue
585 million
Market Cap
$51.7bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
15.4
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
0
Market Indices
S&P 500
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