ERIE Erie Indemnity dividend history, payout ratio & dates
Erie Indemnity's last dividend of $1.275 per share was on Jul 9, 2024 (ex-date). The annualized dividend payment of $5.02 per share represents a current dividend yield of 0.99%.
Key dates
- ERIE last dividend date: Jul 9, 2024
ERIE dividend stats
vs. Financial Services sector
Dividend yield
Erie Indemnity's dividend yield of 0.99% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3%, Erie Indemnity's dividend yield is 67% lower. The current dividend yield is below the historical average of 2.1% of the last 5 years.
Dividend history
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 84% from a year ago, the dividend yield marks a decrease of 42%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jul 9, 2024 | $1.275 | 1.41% |
| Apr 8, 2024 | $1.275 | 1.24% |
| Jan 5, 2024 | $1.275 | 1.47% |
| Oct 4, 2023 | $1.19 | 1.58% |
| Jul 5, 2023 | $1.19 | 2.27% |
| Apr 4, 2023 | $1.19 | 2.01% |
| Jan 4, 2023 | $1.19 | 1.87% |
| Oct 4, 2022 | $1.11 | 1.9% |
| Jul 5, 2022 | $1.11 | 2.25% |
| Apr 4, 2022 | $1.11 | 2.4% |
| Jan 4, 2022 | $1.11 | 2.2% |
| Oct 4, 2021 | $1.035 | 3.4% |
| Jul 2, 2021 | $1.035 | 3.16% |
| Apr 5, 2021 | $1.035 | 2.69% |
| Jan 4, 2021 | $1.035 | 2.46% |
| Dec 18, 2020 | $2 | 2.37% |
| Oct 2, 2020 | $0.965 | 1.81% |
| Jul 6, 2020 | $0.965 | 1.99% |
| Apr 3, 2020 | $0.965 | 2.27% |
| Jan 6, 2020 | $0.965 | 2.19% |
| Oct 4, 2019 | $0.9 | 1.98% |
| Jul 8, 2019 | $0.9 | 1.33% |
| Apr 5, 2019 | $0.9 | 1.99% |
| Jan 7, 2019 | $0.9 | 2.56% |
| Oct 5, 2018 | $0.84 | 2.71% |
| Jul 5, 2018 | $0.84 | 2.83% |
| Apr 5, 2018 | $0.84 | 2.79% |
| Jan 5, 2018 | $0.84 | 2.68% |
| Oct 4, 2017 | $0.783 | 2.64% |
| Jul 3, 2017 | $0.783 | 2.42% |
| Apr 3, 2017 | $0.783 | 2.5% |
| Jan 3, 2017 | $0.783 | 2.66% |
| Oct 3, 2016 | $0.73 | 2.91% |
| Jul 1, 2016 | $0.73 | 2.94% |
| Apr 4, 2016 | $0.73 | 3.04% |
| Dec 31, 2015 | $0.73 | 2.9% |
| Oct 1, 2015 | $0.681 | 3.35% |
| Jul 2, 2015 | $0.681 | 3.21% |
| Apr 2, 2015 | $0.681 | 3.04% |
| Jan 2, 2015 | $0.681 | 2.89% |
Erie Indemnity dividend payout ratio
Payout ratio
Erie Indemnity's payout ratio of 44.1% is above the Financial Services sector and the industry average. But compared to its Financial Services sector average of 43.7%, Erie Indemnity's payout ratio is only 0.9% higher.
Total amount of dividends paid per financial year (from cash flow)
ERIE dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AFG American Financial Group Inc | 5.1% | $6.84 | 64.5% |
| ERIE Erie Indemnity Co | 0.99% | $5.02 | 44.1% |
Frequently asked questions
Does Erie Indemnity pay a dividend?
Yes, Erie Indemnity has been paying dividends for the last 28 years.
When was ERIE's last dividend?
Erie Indemnity's last dividend ex-date was on Jul 9, 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 $5.02.
What is Erie Indemnity's dividend yield?
The current dividend yield of Erie Indemnity is 0.99%.
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 44.1%.
Does Erie Indemnity pay a good dividend?
Erie Indemnity's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.