Progressive Corp Dividend yield

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 stock dividend

Progressive Corp paid a total dividend of 234 million USD last year, for a market value of 78,080 millions (Market Cap 77,902 millions). Progressive Corp dividend per share is 0.40 USD, and his stock market price 133.47 USD.

According to the chart below, where dividend yield is displayed, Progressive Corp has a dividend yield of 0.30%, 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 stocks dividend with other Nonlife Insurance companies or other of the high USA dividend stocks list.

Progressive Corp Dividend Payout

About the ability of Progressive Corp to maintain his current dividend of USD 0.40 per share, an amount that accounts for 0.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Progressive Corp payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.

higher than the dividend per share paid by the company of USD 0.40, 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 Dividend History

Below you will find a table with the historical evolution of Progressive Corp's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	0.30%	0.40	0.00%	585
2022	0.31%	0.40	6.91%	585
2021	1.46%	1.50	15.34%	585
2020	0.40%	0.40	5.82%	585
2019	0.55%	0.40	8.79%	584
2018	1.86%	1.12	41.79%	582
2017	1.21%	0.68	36.17%	581
2016	2.67%	0.89	39.56%	583
2015	2.23%	0.69	31.94%	596

*In millions

Then you can see the evolution of Progressive Corp dividend stock, and compare it with the average of USA stocks and that of the Nonlife Insurance stocks.

Progressive Corp Stock performance

Finally, last moth Progressive Corp showed a return of 5.90% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 8.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Nonlife Insurance firms.