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 0.4%.
Key dates
- PGR last dividend date: Oct 3, 2024
PGR dividend stats
vs. Financial Services sector
Dividend yield
PGR has a dividend yield of 0.4% 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 2.58%, Progressive's dividend yield is 84% lower. The current dividend yield is less than the historical average of 0.9% of the last 5 years.
Dividend history
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 62%.
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
Payout ratio
PGR has a payout ratio of 7.6% 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 44%, Progressive's payout ratio is 83% lower.
Total amount of dividends paid per financial year (from cash flow)
PGR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SAFT Safety Insurance Group Inc | 4.25% | $3.6 | 71.1% |
| HMN Horace Mann Educators Corp | 3.3% | $1.35 | 53.6% |
| ALL Allstate Corp | 1.79% | $3.65 | 23.4% |
| MCY Mercury General Corp | 1.66% | $1.27 | 12.6% |
| TRV Travelers Companies Inc | 1.57% | $4.1 | 20.8% |
| SIGI Selective Insurance Group Inc | 1.48% | $1.43 | 38.2% |
| PGR Progressive Corp | 0.4% | $1.05 | 7.6% |
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 0.4%.
What is Progressive's dividend payout ratio?
Progressive's dividend payout ratio is 7.6%.
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.