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PGR Progressive dividend history, payout ratio & dates

Progressive's last dividend of $0.1 per share was on Oct 3, 2024 (ex-date). The annualized dividend payment of $1.05 per share represents a current dividend yield of 0.42%.

Key dates

  • PGR last dividend date: Oct 3, 2024
PGR dividend stats
DPS
$1.05
Dividend yield
0.41%
Payout ratio
9%
vs. Financial Services sector
Dividend yield
2.79%
Payout ratio
43.3%

Dividend yield

What is Progressive current dividend yield

PGR has a dividend yield of 0.42% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.79%, Progressive's dividend yield is 85% lower. The current dividend yield is less than the historical average of 0.9% of the last 5 years.

Dividend history

What is PGR dividend payout history and dates

Progressive has a dividend history dating as far as 1994, but when it comes to recent years the company has recorded 14 consecutive years of dividend payments. Our records of PGR show that the company has issued four dividends in the last twelve months. The annualized DPS marks an increase of 163% since one year ago. And with the stock price up by 63% from a year ago, the dividend yield marks an increase of 63%.

Recent dividends

Ex-date Amount Yield (TTM)
Oct 3, 2024 $0.1 0.42%
Jul 3, 2024 $0.1 0.5%
Apr 3, 2024 $0.1 0.5%
Jan 18, 2024 $0.75 0.62%
Oct 4, 2023 $0.1 0.28%
Jul 6, 2023 $0.1 0.3%
Apr 5, 2023 $0.1 0.27%
Jan 5, 2023 $0.1 0.3%
Oct 6, 2022 $0.1 1.56%
Jul 6, 2022 $0.1 1.58%
Apr 6, 2022 $0.1 1.63%
Jan 6, 2022 $0.1 1.81%
Dec 17, 2021 $1.5 1.88%
Oct 6, 2021 $0.1 0.43%
Jul 6, 2021 $0.1 0.41%
Apr 6, 2021 $0.1 0.42%
Jan 7, 2021 $0.1 0.42%
Oct 6, 2020 $0.1 0.42%
Jul 6, 2020 $0.1 0.5%
Apr 6, 2020 $0.1 0.53%
Jan 7, 2020 $0.1 4%
Oct 4, 2019 $0.1 3.66%
Jul 3, 2019 $0.1 3.24%
Apr 4, 2019 $0.1 3.6%
Feb 1, 2019 $2.514 3.82%
Feb 1, 2018 $1.125 2.1%
Feb 1, 2017 $0.681 1.84%
Feb 1, 2016 $0.888 2.91%
Feb 2, 2015 $0.686 2.65%

Progressive dividend payout ratio

What is Progressive dividend payout ratio compared to the sector

Payout ratio

PGR has a payout ratio of 9% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 43.3%, Progressive's payout ratio is 79% lower.

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

PGR dividend vs peer dividends

How does PGR dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SAFT Safety Insurance Group Inc 4.42% $3.6 104.3%
HMN Horace Mann Educators Corp 3.76% $1.35 68.5%
MCY Mercury General Corp 1.91% $1.27 22%
ALL Allstate Corp 1.87% $3.65 33%
TRV Travelers Companies Inc 1.69% $4.1 25.7%
SIGI Selective Insurance Group Inc 1.44% $1.4 37.9%
PGR Progressive Corp 0.41% $1.05 9%

Frequently asked questions

Does Progressive pay a dividend?

Yes, Progressive has paid four dividends in the last 12 months. PGR has been paying dividends since 2010.

When was PGR's last dividend?

Progressive's last dividend ex-date was on Oct 3, 2024. The dividend amount was $0.1 per share.

How much dividend does Progressive pay (per share)?

On an annual basis PGR pays $1.05 per share.

What is Progressive's dividend yield?

The current dividend yield of Progressive is 0.42%.

What is Progressive's dividend payout ratio?

Progressive's dividend payout ratio is 9%.

Does Progressive pay a good dividend?

Progressive's dividend yield is less than the Financial Services sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.