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Data last updated: Oct 21, 2026
Snapshot (as of Oct 21, 2026): The Progressive Corporation (PGR) pays a $0.10 annual dividend ($0.03 quarterly), yielding 0.18% at $221.93/share. Next ex-dividend date 2026-10-01. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.18%
Annual Dividend: $0.10 per share
Payout Ratio: 69.7%
Ex-Dividend Date: 2026-10-01
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 41
The Progressive Corporation dividend reflects a business built on personal auto insurance, with additional lines covering motorcycles, RVs, and commercial vehicles across the United States. PGR currently pays a 0.18% dividend yield, with a trailing annual rate of $0.40 per share paid quarterly. The next ex-dividend date is October 1, 2026, with the last dividend amount at $0.10 per share. With a beta of 0.235, PGR stock carries very low price volatility, which suits growth-and-income investors who can accept a minimal current yield in exchange for a long dividend history.
The Progressive Corporation pays out 69.7% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level is supported by PGR's broad, recurring insurance business spanning personal auto, homeowners, renters, and commercial vehicle coverage, all of which generate ongoing premium revenue. The Progressive Corporation dividend safety faces its most visible pressure from the payout ratio itself: at nearly 70%, there is limited room to absorb an earnings decline without squeezing the dividend.
The Progressive Corporation dividend history shows a CAGR of 22.4% per year from 1998 to 2025. Per-share payments grew from $0.0208 to $4.90 over that window (2026 is a partial year and excluded from the CAGR calculation, per The Progressive Corporation dividend 2026 data). The largest annual increase in the window was 5007.1% in 2019, and the history also contains at least one year-over-year decline exceeding 5%, so growth has not been linear.
| Period | CAGR | From | To |
|---|---|---|---|
| 5-Year | +13.1% | $2.65 (2020) | $4.90 (2025) |
| 10-Year | +21.7% | $0.69 (2015) | $4.90 (2025) |
PGR fits growth-and-income investors who prioritize dividend growth over current yield, not those seeking meaningful income today. The current yield of 0.18% is low (below 2%) and sits well below the 5-year average yield of 0.67%, meaning income at today's entry price is minimal. What the stock offers instead is a 22.4% annualized dividend growth rate over 27 years, backed by a broad insurance business with recurring premium revenue. The trade-off is clear: an investor accepts a near-negligible yield now in exchange for exposure to a dividend that has historically grown at an exceptional pace.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-01 | $0.1000 |
| 2026-07-02 | $0.1000 |
| 2026-04-02 | $0.1000 |
| 2026-01-02 | $13.6000 |
| 2025-10-02 | $0.1000 |
| 2025-07-03 | $0.1000 |
| 2025-04-03 | $0.1000 |
| 2025-01-10 | $4.6000 |
| 2024-10-03 | $0.1000 |
| 2024-07-03 | $0.1000 |
| Year | Total Dividends |
|---|---|
| 2026 | $13.9000 |
| 2025 | $4.9000 |
| 2024 | $1.1500 |
| 2023 | $0.4000 |
| 2022 | $0.4000 |
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