PGR Dividend Yield 2026: The Progressive Corporation

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): The Progressive Corporation (PGR) pays a $13.90 annual dividend, yielding 6.35% at $218.95/share. Next ex-dividend date 2026-10-01. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 6.35%

Annual Dividend: $13.90 per share

Payout Ratio: 69.7%

Ex-Dividend Date: 2026-10-01

Sector: Financial Services

Years of Dividend History: 40

About The Progressive Corporation Dividend

The Progressive Corporation dividend currently yields 6.35%, making PGR one of the higher-yielding names in the property-casualty insurance sector. Progressive insures personal and commercial vehicles, homes, and specialty assets like motorcycles, RVs, and watercraft across the United States. Trailing annual payments total $13.90 per share over the past twelve months. With a beta of 0.259, PGR stock moves far less than the broader market, which suits income investors who prioritize low price volatility alongside yield.

Dividend Safety

The Progressive Corporation pays out 69.7% of earnings as dividends, a payout ratio classified as elevated (60-75%). That level is supported by a broad, recurring-demand business: personal and commercial vehicle insurance, residential property coverage, and specialty lines like flood and umbrella policies generate premiums across economic conditions. The Progressive Corporation dividend safety faces its clearest pressure from that same payout ratio, which leaves a narrower earnings cushion than lower-payout peers and means any meaningful earnings decline would put the current $13.90 annual rate under strain.

The Progressive Corporation (PGR) Dividend Growth Rate, CAGR, and History

The Progressive Corporation dividend history shows a CAGR of 10.9% per year from 1995 to 2025. Per-share payments grew from $0.22 to $4.90 over that period (2026 is a partial year and excluded from this calculation). The history table also contains at least one year-over-year decline exceeding 5%, so growth has not been linear, and the three-year consecutive increase streak reflects a relatively recent return to upward momentum.

The Progressive Corporation Dividend Growth Rate (CAGR)

Period	CAGR	From	To
5-Year	+13.1%	$2.65 (2020)	$4.90 (2025)
10-Year	+21.7%	$0.69 (2015)	$4.90 (2025)

Is The Progressive Corporation a Good Dividend Stock?

PGR fits dividend investors who want a high current yield from a low-volatility insurance business. At 6.35%, the yield is classified as high (above 4%), and it sits well above the 5-year average yield of 1.21%, which reflects a meaningful shift in what the stock now pays relative to its own history. The trade-off is a 69.7% payout ratio that leaves limited room for error, and a consecutive increase streak of just three years that does not yet signal the kind of long-run dividend discipline some income investors require. What an investor gets here is substantial current income from a broadly diversified insurer. What they accept is an elevated payout and a growth record that has been uneven.

Recent The Progressive Corporation Dividend Payments

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

The Progressive Corporation Annual Dividend History

Year	Total Dividends
2026	$13.9000
2025	$4.9000
2024	$1.1500
2023	$0.4000
2022	$0.4000

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Frequently Asked Questions

Does PGR pay dividends?

Yes, The Progressive Corporation (PGR) pays a $13.90 annual dividend per share, yielding 6.35%.

What is The Progressive Corporation's current dividend yield?

The Progressive Corporation's current dividend yield is 6.35%. That is substantially above its 5-year average yield of 1.21%, reflecting a period of significantly higher declared payments relative to the stock's recent history.

Has The Progressive Corporation ever cut its dividend?

The available history shows at least one year-over-year decline exceeding 5% within the data window. The dividend record also includes multiple years flagged as partial, so the full picture of cuts versus timing differences is not fully resolved by the data alone.

How fast has The Progressive Corporation grown its dividend?

The Progressive Corporation has grown its dividend at a compound annual growth rate (CAGR) of 10.9% per year from 1995 to 2025. Per-share payments rose from $0.22 to $4.90 over that 30-year window, though growth has not been linear and the history includes at least one meaningful decline.

Is The Progressive Corporation dividend safe?

The payout ratio of 69.7% is classified as elevated (60-75%), which means the dividend is covered by current earnings but with a narrower margin than lower-payout insurers. No future guarantee exists, and any significant earnings pressure would test the current $13.90 annual rate.

Is The Progressive Corporation a good dividend stock for income investors?

PGR offers a high yield above 4% and a low beta of 0.259, which suits income investors who want current payout with limited price swings. The elevated payout ratio and a consecutive increase streak of only three years are the main characteristics that income-focused investors weigh against that yield.

Why is The Progressive Corporation dividend yield high?

The 6.35% yield reflects a declared annual rate of $13.90 per share paid out against a 69.7% payout ratio. The yield is also high relative to the stock's own 5-year average of 1.21%, pointing to a period of elevated declared payments rather than a long-standing high-yield profile.

How does The Progressive Corporation compare to its own historical yield?

The current yield of 6.35% is dramatically above the 5-year average yield of 1.21%. That gap shows the stock is paying out at a rate well outside its recent norm, driven by higher declared dividends rather than a collapse in share price alone.

Latest PGR News

• The Progressive Corporation $PGR Stock Holdings Lessened by Two Sigma Securities LLC - MarketBeat — MarketBeat
• PGR Looks 25.2% Undervalued on GF Value™ with Strong Dividend Ap - GuruFocus — GuruFocus
• Insider Selling: Progressive (NYSE:PGR) Insider Sells $1,535,979.31 in Stock - MarketBeat — MarketBeat

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