ERIE Dividend Calculator
Calculate how much dividend income Erie Indemnity Company (ERIE) could generate with reinvestment. Pre-loaded with ERIE's current 2.25% yield and 5.7% dividend growth rate.
Dividend Yield: 2.25%
Annual Dividend: $5.75 per share
Share Price: $256.04
Payout Ratio: 45.6%
ERIE DRIP Calculator
Model ERIE dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.
5-Year Dividend Growth Rate (CAGR): 5.7% per year
What If You Invested $1,000 in ERIE 10 Years Ago?
A $1,000 investment in ERIE on 2016-06-30 would be worth $3,279.78 today with dividends reinvested (DRIP), a total return of 228%.
Without reinvesting, the total portfolio value (shares plus cash dividends) would be $3,081.31 (208.1% return). Reinvesting dividends added $198.47 in extra value.
Starting share price: $99.34 — Current share price: $260.4
Frequently Asked Questions
- What is ERIE's current dividend yield?
- ERIE (Erie Indemnity Company) currently has a dividend yield of 2.25%. This means for every $10,000 invested, you would receive approximately $225 per year in dividend income before taxes.
- How much ERIE do I need to make $1,000 per month in dividends?
- To earn $1,000 per month ($12,000/year) from ERIE at its current yield of 2.25%, you would need approximately $533,333 invested. With dividend reinvestment and growth, you may need less over time.
- Does ERIE pay monthly dividends?
- No, ERIE pays dividends quarterly (4 times per year). You can build monthly income by combining it with other stocks that pay in different months.
- Is ERIE's dividend safe?
- ERIE's payout ratio is 45.6%, which is generally considered safe. The company retains enough earnings to sustain and potentially grow its dividend.
- What is ERIE's dividend growth rate?
- ERIE's 5-year dividend compound annual growth rate (CAGR) is approximately 5.7% per year. This growth rate is pre-loaded into the calculator above to give you a realistic projection.
- What would $1,000 invested in ERIE 10 years ago be worth today?
- A $1,000 investment in ERIE on 2016-06-30 would be worth approximately $3,279.78 today with dividends reinvested (DRIP), a 228% total return. Without reinvesting, the total portfolio value (shares plus accumulated cash dividends) would be $3,081.31 — meaning DRIP added $198.47 in extra value.
See full dividend history and analysis on the ERIE dividend page.