The Progressive Corporation declared a $0.10 dividend, payable October 10, 2025, to shareholders recorded by October 2, 2025.
Quiver AI Summary
The Progressive Corporation announced that its Board of Directors declared a dividend of $0.10 per common share on August 8, 2025, which is set to be payable on October 10, 2025, to shareholders on record by October 2, 2025. Progressive provides a range of insurance products, including car and home insurance, and offers various purchasing methods for customer convenience. Founded in 1937, the company is recognized as the second-largest personal auto insurer in the U.S. and also ranks among the top providers for commercial auto, motorcycle, and homeowners insurance. The company's shares are traded on the NYSE under the ticker symbol PGR.
Potential Positives
- Progressive Corporation declared a dividend of $0.10 per common share, demonstrating its commitment to returning value to shareholders.
- The dividend is set to be paid on October 10, 2025, providing an immediate benefit to shareholders and potentially attracting new investors.
- As the second largest personal auto insurer in the country, Progressive's financial stability and ongoing profitability are reinforced by this dividend declaration.
- Progressive's strong market position in multiple insurance sectors highlights its competitive advantage and ability to deliver consistent returns to investors.
Potential Negatives
- The declared dividend of $0.10 per common share may be perceived as low, potentially disappointing investors seeking higher returns.
- The timing of the dividend payment and record date indicates that the company may not be currently prioritizing significant capital reinvestment or growth initiatives.
FAQ
What is the latest dividend announced by The Progressive Corporation?
The Progressive Corporation declared a $0.10 per common share dividend on August 8, 2025.
When will the dividend be paid to shareholders?
The dividend will be payable on October 10, 2025, to shareholders of record on October 2, 2025.
How can customers contact Progressive Insurance?
Customers can contact Progressive via their website, by phone at 1-800-PROGRESSIVE, through the mobile app, or in-person with agents.
What insurance products does Progressive offer?
Progressive offers car insurance, home insurance, motorcycle insurance, boat insurance, truck insurance, and more for personal and commercial use.
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 Congressional Stock Trading
Members of Congress have traded $PGR stock 7 times in the past 6 months. Of those trades, 4 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PGR stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE sold up to $100,000 on 05/12.
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
- REPRESENTATIVE JULIE JOHNSON has traded it 3 times. They made 2 purchases worth up to $30,000 on 02/24, 02/14 and 1 sale worth up to $15,000 on 04/07.
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 2 purchases worth up to $30,000 on 03/20 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$PGR Insider Trading Activity
$PGR insiders have traded $PGR stock on the open market 24 times in the past 6 months. Of those trades, 0 have been purchases and 24 have been sales.
Here’s a breakdown of recent trading of $PGR stock by insiders over the last 6 months:
- JOHN P SAUERLAND (VP and Chief Financial Officer) has made 0 purchases and 7 sales selling 68,206 shares for an estimated $18,225,497.
- SUSAN PATRICIA GRIFFITH (President and CEO) sold 30,660 shares for an estimated $7,423,298
- PATRICK K CALLAHAN (Personal Lines President) has made 0 purchases and 2 sales selling 10,901 shares for an estimated $2,815,074.
- KAREN BAILO (Commercial Lines President) sold 8,922 shares for an estimated $2,223,719
- JOHN JO MURPHY (Claims President) has made 0 purchases and 2 sales selling 6,218 shares for an estimated $1,594,334.
- JONATHAN S. BAUER (Chief Investment Officer) has made 0 purchases and 3 sales selling 5,314 shares for an estimated $1,420,111.
- STEVEN BROZ (Chief Information Officer) has made 0 purchases and 3 sales selling 3,801 shares for an estimated $995,519.
- STUART B BURGDOERFER sold 3,681 shares for an estimated $958,642
- ANDREW J QUIGG (Chief Strategy Officer) sold 3,191 shares for an estimated $795,324
- DYKE KAHINA VAN sold 2,490 shares for an estimated $691,398
- DEVIN C JOHNSON sold 400 shares for an estimated $110,016
- CARL G JOYCE (Chief Accounting Officer) sold 360 shares for an estimated $99,419
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$PGR Hedge Fund Activity
We have seen 892 institutional investors add shares of $PGR stock to their portfolio, and 853 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GQG PARTNERS LLC added 3,174,632 shares (+61.4%) to their portfolio in Q1 2025, for an estimated $898,452,602
- GAMMA INVESTING LLC removed 3,033,130 shares (-99.6%) from their portfolio in Q2 2025, for an estimated $809,421,071
- WELLINGTON MANAGEMENT GROUP LLP removed 2,814,487 shares (-44.0%) from their portfolio in Q1 2025, for an estimated $796,527,965
- CAPITAL WORLD INVESTORS added 2,422,886 shares (+38.0%) to their portfolio in Q1 2025, for an estimated $685,700,966
- JPMORGAN CHASE & CO added 2,357,486 shares (+15.0%) to their portfolio in Q1 2025, for an estimated $667,192,112
- MORGAN STANLEY added 2,051,148 shares (+22.8%) to their portfolio in Q1 2025, for an estimated $580,495,395
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 1,693,735 shares (+215.3%) to their portfolio in Q1 2025, for an estimated $479,343,942
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 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 08/11/2025
- BMO Capital issued a "Outperform" rating on 07/18/2025
- B of A Securities issued a "Buy" rating on 07/17/2025
- Wells Fargo issued a "Overweight" rating on 06/20/2025
- JP Morgan issued a "Overweight" rating on 04/08/2025
- Roth MKM issued a "Buy" rating on 02/25/2025
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 11 analysts offer price targets for $PGR in the last 6 months, with a median target of $287.0.
Here are some recent targets:
- Yaron Kinar from Jefferies set a target price of $287.0 on 08/11/2025
- Brian Meredith from UBS set a target price of $268.0 on 07/21/2025
- Bob Huang from Morgan Stanley set a target price of $275.0 on 07/18/2025
- Michael Zaremski from BMO Capital set a target price of $281.0 on 07/18/2025
- Joshua Shanker from B of A Securities set a target price of $336.0 on 07/17/2025
- David Motemaden from Evercore ISI Group set a target price of $275.0 on 07/17/2025
- Meyer Shields from Keefe, Bruyette & Woods set a target price of $268.0 on 07/17/2025
Full Release
MAYFIELD VILLAGE, OHIO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- On August 8, 2025, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable October 10, 2025, to shareholders of record at the close of business on October 2, 2025.
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