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ERIE Erie Indemnity dividend history, payout ratio & dates

Erie Indemnity's last quarterly dividend of $1.19 per share was on Jan 4, 2023 (ex-date). The annualized dividend payment of $4.52 per share represents a current dividend yield of 1.84%. The latest ERIE payout of $1.19 marks a dividend growth of 7%.

Key dates

  • ERIE last dividend date: Jan 4, 2023
  • ERIE next dividend date: Not announced
ERIE dividend stats
DPS
$4.52
Dividend yield
1.84%
Payout ratio
73%
vs. Financial Services sector
Dividend yield
2.61%
Payout ratio
31.2%

Dividend yield

What is Erie Indemnity current dividend yield

Erie Indemnity's dividend yield of 1.84% is above the industry average but below the Financial Services sector average. Compared to its Financial Services sector average of 2.61%, Erie Indemnity's dividend yield is 30% lower. The current dividend yield is below the historical average of 2.3% 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 33% from a year ago, the dividend yield marks a decrease of 20%.

Recent dividends

Ex-date Payment date Declared on Amount Type
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 73% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 31.2%, Erie Indemnity's payout ratio is 134% 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
ERIE Erie Indemnity Co 1.84% $4.52 73%
AFG American Financial Group Inc 1.76% $2.38 20.7%

Frequently asked questions

Does Erie Indemnity pay a dividend?

Yes, Erie Indemnity has been paying dividends for the last 26 years.

When is Erie Indemnity's next dividend?

Currently ERIE's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in April 2023.

When was ERIE's last dividend?

Erie Indemnity's last dividend ex-date was on Jan 4, 2023. The dividend amount was $1.19 per share.

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

ERIE's annualized dividend per share is $4.52.

What is Erie Indemnity's dividend yield?

The current dividend yield of Erie Indemnity is 1.84%.

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 73%.

Does Erie Indemnity pay a good dividend?

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