Back to ERIE overview

ERIE Erie Indemnity dividend history, payout ratio & dates

Erie Indemnity's last quarterly dividend of $1.275 per share was on Apr 8, 2024 (ex-date). The annualized dividend payment of $4.93 per share represents a current dividend yield of 1.24%.

Key dates

  • ERIE last dividend date: Apr 8, 2024
  • ERIE next dividend date: Jul 9, 2024
ERIE dividend stats
DPS
$4.93
Dividend yield
1.24%
Payout ratio
47.4%
vs. Financial Services sector
Dividend yield
3.32%
Payout ratio
40.8%

Dividend yield

What is Erie Indemnity current dividend yield

Erie Indemnity's dividend yield of 1.24% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.32%, Erie Indemnity's dividend yield is 63% lower. The current dividend yield is below the historical average of 2.1% of the last 5 years.

Dividend history

What is ERIE dividend payout history and dates

Erie Indemnity has a history of paying dividends since 1996. Our records of ERIE show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 7% since one year ago. But with the stock price up by 74% from a year ago, the dividend yield marks a decrease of 38%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 8, 2024 Apr 23, 2024 Feb 22, 2024 $1.275 normal
Jan 5, 2024 Jan 23, 2024 Dec 6, 2023 $1.275 normal
Oct 4, 2023 Oct 20, 2023 Jul 25, 2023 $1.19 normal
Jul 5, 2023 Jul 20, 2023 Apr 25, 2023 $1.19 normal
Apr 4, 2023 Apr 20, 2023 Feb 16, 2023 $1.19 normal
Jan 4, 2023 Jan 20, 2023 Dec 7, 2022 $1.19 normal
Oct 4, 2022 Oct 20, 2022 Jul 26, 2022 $1.11 normal
Jul 5, 2022 Jul 20, 2022 Apr 26, 2022 $1.11 normal
Apr 4, 2022 Apr 20, 2022 Feb 17, 2022 $1.11 normal
Jan 4, 2022 Jan 20, 2022 Dec 9, 2021 $1.11 normal
Oct 4, 2021 Oct 20, 2021 Jul 27, 2021 $1.035 normal
Jul 2, 2021 Jul 20, 2021 Apr 20, 2021 $1.035 normal
Apr 5, 2021 Apr 20, 2021 Feb 18, 2021 $1.035 normal
Jan 4, 2021 Jan 20, 2021 Dec 8, 2020 $1.035 normal
Dec 18, 2020 Dec 29, 2020 Dec 8, 2020 $2 normal
Oct 2, 2020 Oct 20, 2020 Jul 28, 2020 $0.965 normal
Jul 6, 2020 Jul 21, 2020 Apr 20, 2020 $0.965 normal
Apr 3, 2020 Apr 21, 2020 Feb 20, 2020 $0.965 normal
Jan 6, 2020 Jan 22, 2020 Dec 13, 2019 $0.965 normal
Oct 4, 2019 Oct 22, 2019 Jul 23, 2019 $0.9 normal
Jul 8, 2019 Jul 23, 2019 Apr 30, 2019 $0.9 normal
Apr 5, 2019 Apr 23, 2019 Feb 14, 2019 $0.9 normal
Jan 7, 2019 Jan 23, 2019 Dec 4, 2018 $0.9 normal
Oct 5, 2018 Oct 23, 2018 Jul 24, 2018 $0.84 normal
Jul 5, 2018 Jul 20, 2018 Apr 24, 2018 $0.84 normal
Apr 5, 2018 Apr 20, 2018 Feb 15, 2018 $0.84 normal
Jan 5, 2018 Jan 23, 2018 Dec 5, 2017 $0.84 normal
Oct 4, 2017 Oct 20, 2017 Jul 25, 2017 $0.783 normal
Jul 3, 2017 Jul 20, 2017 Apr 25, 2017 $0.783 normal
Apr 3, 2017 Apr 20, 2017 Feb 16, 2017 $0.783 normal
Jan 3, 2017 Jan 20, 2017 Dec 7, 2016 $0.783 normal
Oct 3, 2016 Oct 20, 2016 Jul 26, 2016 $0.73 normal
Jul 1, 2016 Jul 20, 2016 Apr 19, 2016 $0.73 normal
Apr 4, 2016 Apr 20, 2016 Feb 18, 2016 $0.73 normal
Dec 31, 2015 Jan 20, 2016 Dec 2, 2015 $0.73 normal

Erie Indemnity dividend payout ratio

What is Erie Indemnity dividend payout ratio compared to the sector

Payout ratio

Erie Indemnity's payout ratio of 47.4% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 40.8%, Erie Indemnity's payout ratio is 16% higher.

Total amount of dividends paid per financial year (from cash flow)

ERIE dividend vs peer dividends

How does ERIE dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AFG American Financial Group Inc 2.08% $2.76 26.4%
ERIE Erie Indemnity Co 1.24% $4.93 47.4%

Frequently asked questions

Does Erie Indemnity pay a dividend?

Yes, Erie Indemnity has been paying dividends for the last 28 years.

When is Erie Indemnity's next dividend?

ERIE's next dividend is scheduled on Jul 9, 2024 (ex-date).

When was ERIE's last dividend?

Erie Indemnity's last dividend ex-date was on Apr 8, 2024. The dividend amount was $1.275 per share.

How much dividend does Erie Indemnity pay (per share)?

ERIE's annualized dividend per share is $4.93.

What is Erie Indemnity's dividend yield?

The current dividend yield of Erie Indemnity is 1.24%.

How often does Erie Indemnity pay dividends?

Erie Indemnity pays four dividends per year.

What is Erie Indemnity's dividend payout ratio?

Erie Indemnity's dividend payout ratio is 47.4%.

Does Erie Indemnity pay a good dividend?

Erie Indemnity's dividend yield is below the Financial Services sector average.