Progressive Announces Common Share Dividend and Share Repurchase Authorization
Get Alerts PGR Hot Sheet
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1.8%
Revenue Growth %: +6.4%
Join SI Premium – FREE
MAYFIELD VILLAGE, OHIO, May 10, 2021 (GLOBE NEWSWIRE) -- On May 7, 2021, the Board of Directors of The Progressive Corporation (NYSE: PGR) declared a $0.10 per common share quarterly dividend, payable July 15, 2021, to shareholders of record at the close of business on July 7, 2021 (ex-dividend date of July 6, 2021). The Board also renewed the Company's authorization to repurchase up to 25 million of its common shares. This authorization, which does not have an expiration date, replaced the prior authorization, which was terminated.
About ProgressiveThe 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 Corporation6300 Wilson Mills RoadMayfield Village, Ohio 44143http://www.progressive.com
Source: Progressive CorporationSerious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sofwave Medical to Participate in the Needham 23rd Annual Healthcare Conference
- Daré Bioscience Reports Full Year 2023 Financial Results and Provides Company Update
- BrainsWay Announces Positive Results in Late-Life Depression Post-Marketing Analysis
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
Dividend, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!