Progressive Announces Quarterly Common Share Dividend

The Board of Directors of Progressive Corporation (NYSE:PGR) has declared a $0.10 per common share dividend, set to be paid on July 15, 2020.

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Rhea-AI Summary

The Board of Directors of Progressive Corporation (NYSE:PGR) has declared a $0.10 per common share dividend, set to be paid on July 15, 2020. This dividend will be accessible to shareholders who are on record by the close of business on July 7, 2020, with an ex-dividend date of July 6, 2020. Progressive, a leading insurance provider in the U.S., focuses on making auto and home insurance accessible and easy to understand through various platforms.

Positive

Dividend of $0.10 per share reflects company confidence in financial stability.

Negative

None.

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News Market Reaction – PGR

The recorded move for PGR in the trading session of this news was -0.88%.

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05/08/2020 - 01:36 PM

MAYFIELD VILLAGE, OHIO, May 08, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a $0.10 per common share dividend, payable July 15, 2020, to shareholders of record at the close of business on July 7, 2020 (ex-dividend date of July 6, 2020).

About Progressive
The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it’s most convenient - online at progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device 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 third largest auto insurer in the country, a leading seller of motorcycle and commercial auto 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:
Julia Hornack
(440) 395-2164

The Progressive Corporation
6300 Wilson Mills Road
Mayfield Village, Ohio 44143
http://www.progressive.com

FAQ

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What is the dividend amount for PGR declared on May 8, 2020?

The dividend amount declared is $0.10 per common share.

When is the payment date for PGR's dividend?

The payment date is July 15, 2020.

What is the ex-dividend date for PGR's dividend?

The ex-dividend date is July 6, 2020.

Who will receive the dividend for PGR?

Shareholders of record at the close of business on July 7, 2020, will receive the dividend.

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Progressive Announces Quarterly Common Share Dividend