Progressive Announces Quarterly Common Share Dividend

Rhea-AI Summary

Progressive (NYSE:PGR) has announced its quarterly dividend payment. The Board of Directors declared a dividend of $0.10 per common share on March 7, 2025, which will be payable on April 11, 2025. Shareholders must be on record by the close of business on April 3, 2025, to receive this dividend.

Progressive Insurance, founded in 1937, currently stands as the second largest personal auto insurer in the country. The company is also a leading provider of commercial auto, motorcycle, and boat insurance, and ranks among the top 15 homeowners insurance carriers. Progressive offers various insurance products including personal and commercial vehicles, motorcycles, boats, recreational vehicles, and homes, with multiple convenient access points for customers including online, phone, mobile app, and local agents.

Positive

• Consistent dividend payment maintained
• Strong market position as second largest personal auto insurer
• Diversified insurance portfolio across multiple segments
• Leading position in commercial auto, motorcycle, and boat insurance

Negative

• Low dividend amount of $0.10 per share indicates conservative capital return policy

MAYFIELD VILLAGE, OHIO, March 10, 2025 (GLOBE NEWSWIRE) -- On March 7, 2025, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable April 11, 2025, to shareholders of record at the close of business on April 3, 2025.

About Progressive
Progressive Insurance^® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. 

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price^®, Snapshot^®, and HomeQuote Explorer^®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:
Douglas S. Constantine
(440) 395-3707
investor_relations@progressive.com

The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com

FAQ

What is the amount of Progressive's (PGR) latest quarterly dividend payment?

Progressive's latest quarterly dividend is $0.10 per common share.

When is the payment date for Progressive's (PGR) recently announced dividend?

The dividend will be paid on April 11, 2025.

What is the record date for Progressive's (PGR) Q2 2025 dividend?

Shareholders must be on record by the close of business on April 3, 2025.

What is Progressive's (PGR) current market position in the auto insurance industry?

Progressive is the second largest personal auto insurer in the country.