The Progressive Corporation Declares $0.10 Dividend for Shareholders

The Progressive Corporation announced a $0.10 dividend per share, payable on April 10, 2026, to eligible shareholders.

Quiver AI Summary

The Progressive Corporation's Board of Directors announced a dividend of $0.10 per common share, which is set to be paid on April 10, 2026, to shareholders on record by April 2, 2026. Progressive Insurance, founded in 1937, is a leading provider of car, home, and various other types of insurance, known for its customer-friendly services and innovations. The company operates as the second largest personal auto insurer in the U.S. and offers multiple ways for customers to access services, including online, by phone, through a mobile app, or in-person with agents. The company's shares are publicly traded on the NYSE under the ticker symbol PGR.

Potential Positives

The declaration of a dividend of $0.10 per common share reflects the company's strong financial position and commitment to returning value to shareholders.
This dividend payout can enhance investor confidence and potentially attract new investors looking for income-generating stocks.
Progressive's status as the second largest personal auto insurer in the U.S. underscores its competitive market position and brand strength.
The announcement can positively impact the company's stock price as it demonstrates financial stability and growth potential.

Potential Negatives

Declaring a low dividend of $0.10 per share may indicate a conservative approach to shareholder returns, which could be perceived negatively by investors seeking higher payouts.
The timeline for record shareholders and payment may result in investor dissatisfaction if they were expecting a larger or more frequent dividend distribution.
The press release lacks any mention of growth metrics or company performance updates, which could lead to concerns about the company's overall financial health and future prospects.

FAQ

What is the dividend declared by The Progressive Corporation?

The Progressive Corporation declared a $0.10 per common share dividend on March 6, 2026.

When will the dividend be paid to shareholders?

The dividend will be payable on April 10, 2026, to shareholders of record by April 2, 2026.

How can customers contact Progressive Insurance for inquiries?

Customers can reach Progressive Insurance online, by phone at 1-800-PROGRESSIVE, via the mobile app, or in-person with a local agent.

What types of insurance does Progressive offer?

Progressive offers car, home, motorcycle, boat, and commercial auto insurance among other protection needs.

Where is The Progressive Corporation headquartered?

The Progressive Corporation is headquartered in Mayfield Village, Ohio.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$PGR Insider Trading Activity

$PGR insiders have traded $PGR stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.

Here’s a breakdown of recent trading of $PGR stock by insiders over the last 6 months:

PATRICK K CALLAHAN (Personal Lines President) sold 6,420 shares for an estimated $1,555,040
STEVEN BROZ (Chief Information Officer) has made 0 purchases and 4 sales selling 5,379 shares for an estimated $1,230,705.
JOHN P SAUERLAND (VP and Chief Financial Officer) sold 5,000 shares for an estimated $1,142,400
JONATHAN S. BAUER (Chief Investment Officer) has made 0 purchases and 2 sales selling 5,371 shares for an estimated $1,094,618.
JOHN JO MURPHY (Claims President) sold 2,218 shares for an estimated $536,977
ANDREW J QUIGG (Chief Strategy Officer) sold 1,649 shares for an estimated $336,973
MARIBEL PUMAREJO (Chief Marketing Oficer) sold 738 shares for an estimated $150,137

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PGR Congressional Stock Trading

Members of Congress have traded $PGR stock 12 times in the past 6 months. Of those trades, 8 have been purchases and 4 have been sales.

Here’s a breakdown of recent trading of $PGR stock by members of Congress over the last 6 months:

REPRESENTATIVE DAVID TAYLOR has traded it 4 times. They made 4 purchases worth up to $60,000 on 02/10, 01/16, 11/03 and 0 sales.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 01/09.
REPRESENTATIVE JULIE JOHNSON has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/18, 11/13.
SENATOR SHELDON WHITEHOUSE sold up to $50,000 on 10/27.
REPRESENTATIVE BYRON DONALDS has traded it 3 times. They made 3 purchases worth up to $45,000 on 10/24, 10/09 and 0 sales.
REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$PGR Hedge Fund Activity

We have seen 813 institutional investors add shares of $PGR stock to their portfolio, and 1,063 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 17,745,348 shares (-75.7%) from their portfolio in Q4 2025, for an estimated $4,040,970,646
FMR LLC removed 5,299,126 shares (-43.4%) from their portfolio in Q4 2025, for an estimated $1,206,716,972
WELLINGTON MANAGEMENT GROUP LLP added 4,197,212 shares (+181.8%) to their portfolio in Q4 2025, for an estimated $955,789,116
BLACKROCK, INC. added 3,391,410 shares (+7.0%) to their portfolio in Q4 2025, for an estimated $772,291,885
JPMORGAN CHASE & CO removed 2,827,619 shares (-15.4%) from their portfolio in Q4 2025, for an estimated $643,905,398
EGERTON CAPITAL (UK) LLP removed 2,588,638 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $589,484,645
NUVEEN, LLC removed 1,688,787 shares (-33.4%) from their portfolio in Q4 2025, for an estimated $384,570,575

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$PGR Analyst Ratings

Wall Street analysts have issued reports on $PGR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Morgan Stanley issued a "Underweight" rating on 01/29/2026
Barclays issued a "Overweight" rating on 01/08/2026
B of A Securities issued a "Buy" rating on 11/19/2025
Raymond James issued a "Outperform" rating on 10/17/2025

To track analyst ratings and price targets for $PGR, check out Quiver Quantitative's $PGR forecast page.

$PGR Price Targets

Multiple analysts have issued price targets for $PGR recently. We have seen 14 analysts offer price targets for $PGR in the last 6 months, with a median target of $237.0.

Here are some recent targets:

Brian Meredith from UBS set a target price of $218.0 on 02/23/2026
Elyse Greenspan from Wells Fargo set a target price of $214.0 on 02/19/2026
Meyer Shields from Keefe, Bruyette & Woods set a target price of $232.0 on 02/19/2026
David Motemaden from Evercore ISI Group set a target price of $230.0 on 02/19/2026
Matthew Heimermann from Citigroup set a target price of $261.0 on 02/04/2026
Michael Zaremski from BMO Capital set a target price of $232.0 on 01/29/2026
Bob Huang from Morgan Stanley set a target price of $205.0 on 01/29/2026

Full Release

MAYFIELD VILLAGE, OHIO, March 09, 2026 (GLOBE NEWSWIRE) -- On March 6, 2026, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable April 10, 2026, to shareholders of record at the close of business on April 2, 2026.

About Progressive
Progressive Insurance ^® makes it easy to understand, buy and use car insurance , home insurance , and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com , by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle , and boat insurance, and one of the top 15 homeowners insurance carriers.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price ^® , Snapshot ^® , and HomeQuote Explorer ^® .

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:
Douglas S. Constantine
(440) 395-3707
[email protected]

The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com