Progressive Corp Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   USD per share 
 Price  60.33
 Dividend  1.12
 Earnings  2.68
 Cash-flow  6.42
 Book value  13.71
 Equity  12.88

Progressive Corp is part of Nonlife Insurance business, which is part of Financials industry. Progressive Corp is a company from USA, and his stocks are publicly traded.

Progressive Corp paid a total dividend of 652 million USD last year, for a market value of 35,112 millions (Market Cap 34,906 millions). Dividend per share of Progressive Corp is 1.12 USD, and his stock market price 60.33 USD.

According to the chart below, where dividend yield is displayed, Progressive Corp has a dividend yield of 1.86%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Progressive Corp dividend yield with other Nonlife Insurance companies or firms from USA.

Dividend yield of Progressive Corp

Progressive Corp Dividend Payout

About the ability of Progressive Corp to maintain his current dividend of USD 1.12 per share, an amount that accounts for 1.86%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Progressive Corp payout on ernings is currently 41.79%, which is higher than the market average, but lower than companies of Financials industry, which are 40.41% and 45.44% respectively. Both figures show that Progressive Corp should not have problems to continue paying his dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Progressive Corp is USD 6.42 per share, which is higher than the dividend per share paid by the company of USD 1.12, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Progressive Corp, compared againt world market average, USA companies, Financials industry and Nonlife Insurance sector companies.

Progressive Corp payout

Progressive Corp Stock performance

Finally, last moth Progressive Corp showed a return of -9.00% compared to a worldwide -5.60% average, and a -5.58% of Financials firms. Over the last year, the company obtained a 7.10% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for USA and Nonlife Insurance firms.

Progressive Corp stock and market return

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