Erie Indemnity's last quarterly dividend of $1.11 per share was on Jul 5, 2022 (ex-date). The annualized dividend payment of $4.37 per share represents a current dividend yield of 1.96%.
Erie Indemnity's dividend yield of 1.96% is above the industry average but below the Financial Services sector average. Compared to its Financial Services sector average of 2.95%, Erie Indemnity's dividend yield is 34% lower. The current dividend yield is below the historical average of 2.4% of the last 5 years.
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 a decrease of 28% since one year ago. And with the stock price up by 22% from a year ago, the dividend yield marks a decrease of 41%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 69.1% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.2%, Erie Indemnity's payout ratio is 129% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ERIE Erie Indemnity Co | 1.92% | $4.37 | 69.1% |
| AFG American Financial Group Inc | 1.79% | $2.24 | 18.4% |
Yes, Erie Indemnity has been paying dividends for the last 26 years.
ERIE's next dividend is scheduled on Oct 4, 2022 (ex-date).
Erie Indemnity's last dividend ex-date was on Jul 5, 2022. The dividend amount was $1.11 per share.
ERIE's annualized dividend per share is $4.37.
The current dividend yield of Erie Indemnity is 1.96%.
Erie Indemnity pays four dividends per year.
Erie Indemnity's dividend payout ratio is 69.1%.
Erie Indemnity's dividend yield is below the Financial Services sector average.