Erie Indemnity's last quarterly dividend of $1.19 per share was on Jul 5, 2023 (ex-date). The annualized dividend payment of $4.68 per share represents a current dividend yield of 1.59%.
Erie Indemnity's dividend yield of 1.59% is above the industry average but below the Financial Services sector average. Compared to its Financial Services sector average of 3.79%, Erie Indemnity's dividend yield is 58% lower. The current dividend yield is below the historical average of 2.2% 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 an increase of 7% since one year ago. But with the stock price up by 36% from a year ago, the dividend yield marks a decrease of 21%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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's payout ratio of 61.6% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 33.4%, Erie Indemnity's payout ratio is 84% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AFG American Financial Group Inc | 2.24% | $2.52 | 25.1% |
ERIE Erie Indemnity Co | 1.56% | $4.68 | 61.6% |
Yes, Erie Indemnity has been paying dividends for the last 27 years.
ERIE's next dividend is scheduled on Oct 4, 2023 (ex-date).
Erie Indemnity's last dividend ex-date was on Jul 5, 2023. The dividend amount was $1.19 per share.
ERIE's annualized dividend per share is $4.68.
The current dividend yield of Erie Indemnity is 1.59%.
Erie Indemnity pays four dividends per year.
Erie Indemnity's dividend payout ratio is 61.6%.
Erie Indemnity's dividend yield is below the Financial Services sector average.