Progressive Announces Quarterly Common Share Dividend
Rhea-AI Summary
Progressive Corporation (NYSE:PGR) has announced its quarterly dividend payment. The company's Board of Directors declared a dividend of $0.10 per common share, which will be paid on October 10, 2025, to shareholders of record as of October 2, 2025.
Progressive, founded in 1937, is currently the second largest personal auto insurer in the United States, offering various insurance products including auto, home, commercial vehicles, motorcycles, boats, and recreational vehicles insurance. The company provides multiple channels for customers to purchase insurance, including online, phone, mobile app, and through local agents.
Positive
- Consistent dividend payment demonstrates financial stability
- Strong market position as second largest personal auto insurer
- Multiple distribution channels providing customer convenience
Negative
- Relatively modest dividend amount of $0.10 per share
News Market Reaction
On the day this news was published, PGR declined 0.66%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MAYFIELD VILLAGE, OHIO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- On August 8, 2025, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a
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