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Progressive Corporation (PGR) logo

Progressive Corporation

S&P 500

PGR/Financial Services · Insurance - Property & Casualty/NYSE

Dividend Yield

6.70%

$13.90 · Annual Dividend

Stock Price$215.54P/E10.5MCap120.7BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

78/ 100Safe

PGR's dividend appears safe and well-supported. Strengths include a 49.6% fcf payout ratio & 37.9% return on equity. Areas of concern: Volatile profit margin stability. The dividend has been growing at a 13.49% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.

Based on 9 of 10 metrics

Strengths

  • Return on Equity: 37.9%Strong return on equity reflects efficient profit generation.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe

Balance Sheet

N/A

Profitability

Safe
37.9%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
13.5%Very Safe
GrowingVery Safe

About Progressive Corporation

Progressive Corporation is a leading American insurance holding company specializing in personal and commercial property-casualty insurance. It primarily underwrites policies for private passenger automobiles, motorcycles, recreational vehicles, boats, personal watercraft, and trailers through independent agencies and direct channels. The company also offers commercial auto insurance covering liability and physical damage for business-owned trucks, vans, and other vehicles, alongside residential property insurance for homeowners and renters, and professional liability products. Operating in three key segments—Personal Lines, Commercial Lines, and Property—Progressive Corporation provides innovative solutions like usage-based insurance and pet injury coverage included with certain auto policies. It serves individual consumers and businesses across the United States via over 30,000 independent agents, online platforms, and telephone services. Founded in 1937 and headquartered in Mayfield Village, Ohio, Progressive Corporation holds a prominent position as the second-largest auto insurer in the U.S. market.

Dividend Overview

Dividend Yield

6.70%

Annual Dividend

$13.90

Frequency

Quarterly

Payout Ratio

70.70%

FCF Payout Ratio

49.62%

52-Week Range

$189.20 - $267.93

Dividend History (2016–2025)

PGR annual dividend per share and yield history

Earnings & Profitability

PGR earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 2, 2026

Next Payment Date

July 10, 2026

Dividend Growth

3-Year Dividend CAGR

128.94%

5-Year Dividend CAGR

13.49%

10-Year Dividend CAGR

21.47%

3-Year Total Growth

1100.00%

5-Year Total Growth

88.24%

10-Year Total Growth

599.50%

Income Calculator

PGR Dividend Calculator

Total Investment

$21,554.00

Annual Income

$1,390.00

Quarterly Income

$347.50

Monthly Income

$115.83

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Frequently Asked Questions

What is PGR's current dividend yield?
Progressive Corporation (PGR) currently has a dividend yield of 6.70%, based on a stock price of $215.54 and an annual dividend of $13.90.
When is PGR's next dividend payment date?
PGR's next ex-dividend date is 2026-07-02 and the next payment date is 2026-07-10. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does PGR pay in dividends per year?
Progressive Corporation paid $4.80 per share in annual dividends in 2025. The dividends are paid quarterly.
Has PGR been increasing its dividend?
Progressive Corporation has grown its dividend at a 5-year CAGR of 13.49% and a 10-year CAGR of 21.47%.
Is PGR's dividend safe?
Progressive Corporation has a payout ratio of 70.70%. Its free cash flow payout ratio is 49.62%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is PGR's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Progressive Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for financial services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.