Progressive Corporation Declares Annual and Quarterly Dividends
The Board of Directors of The Progressive Corporation has recently made significant announcements regarding dividends and upcoming shareholder meetings. The annual common share dividend has been declared at a remarkable $4.50 per share, along with a quarterly dividend set at $0.10 per share.
Important Dividend Payment Dates
These dividends will be paid out on January 16, 2025, for all shareholders who are on record as of January 9, 2025. This decision reflects the Board’s careful consideration of the company’s strong capital position and anticipated capital requirements.
Future Quarterly Dividends for 2025
As the company looks ahead, the Board is anticipated to continue declaring quarterly dividends throughout 2025. This commitment reaffirms their confidence in Progressive’s robust financial health and ongoing revenue growth.
Shareholder Meeting Record Date
Additionally, the Board of Directors has established March 14, 2025, as the record date for identifying the shareholders entitled to notice and to vote at the Annual Meeting of Shareholders. This meeting will be taking place on May 9, 2025.
About Progressive Corporation
Progressive Insurance is renowned for simplifying the processes of understanding, purchasing, and utilizing various insurance products. They offer a wide range of options that cater to the unique needs of their customers, including car insurance and home insurance.
Convenient Access to Insurance
With Progressive, customers can reach out in a manner that suits them best, through online platforms, by calling 1-800-PROGRESSIVE, using the Progressive mobile app, or visiting a local agent in person.
Comprehensive Insurance Offerings
Progressive provides extensive insurance solutions for personal and commercial vehicles, including cars, trucks, motorcycles, and recreational vehicles. They are recognized as the second-largest personal auto insurer in the country and also excel in commercial and homeowners insurance.
Tools to Save Time and Money
Founded back in 1937, Progressive has an impressive legacy of offering innovative services designed to save their customers time and money. Notable tools offered include Name Your Price, Snapshot, and HomeQuote Explorer.
Investor Relations at Progressive
The Common Shares of The Progressive Corporation are publicly traded under the ticker NYSE: PGR. The company is situated at 300 North Commons Blvd, Mayfield Village, Ohio, and values maintaining open communication with its investors.
Contact Information
For any inquiries related to investor relations, Douglas S. Constantine can be reached at (440) 395-3707 or via email at investor_relations@progressive.com.
Frequently Asked Questions
What is the declared annual dividend amount for Progressive Corporation?
The declared annual common share dividend is $4.50 per share.
When are the dividends payable?
The dividends will be payable on January 16, 2025, for shareholders on record as of January 9, 2025.
When is the Annual Meeting of Shareholders scheduled?
The Annual Meeting of Shareholders is set to take place on May 9, 2025.
How can I contact Progressive for investor relations?
You can contact Douglas S. Constantine at (440) 395-3707 or via email at investor_relations@progressive.com.
What other insurance products does Progressive offer?
Progressive offers a wide range of insurance products, including car insurance, home insurance, motorcycle insurance, and commercial vehicle insurance.