Progressive Announces Quarterly Common Share Dividend

Rhea-AI Summary

The Progressive Corporation (NYSE:PGR) has declared a quarterly dividend of $0.10 per share, set for payment on April 15, 2021. Shareholders of record by the close of business on April 7, 2021 will receive this dividend, which is an important commitment to returning value to investors. Progressive is recognized as the third largest auto insurer in the U.S. and offers a wide range of insurance products, demonstrating a solid market position and ongoing customer engagement.

Positive

• Quarterly dividend of $0.10 per share signifies commitment to shareholders.
• Strong market position as the third largest auto insurer in the U.S.

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• None.

MAYFIELD VILLAGE, OHIO, March 05, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a $0.10 per common share dividend, payable April 15, 2021, to shareholders of record at the close of business on April 7, 2021 (ex-dividend date of April 6, 2021).

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:
Douglas S. Constantine
(440) 910-3563

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

FAQ

What is the dividend amount declared by Progressive Corporation?

Progressive Corporation declared a dividend of $0.10 per common share.

When is the dividend payment date for PGR?

The dividend will be paid on April 15, 2021.

What is the ex-dividend date for Progressive's upcoming dividend?

The ex-dividend date is April 6, 2021.

Who is eligible to receive the dividend from Progressive?

Shareholders of record at the close of business on April 7, 2021, are eligible.