The Progressive Corporation Declares Annual and Quarterly Dividends for 2025

The Progressive Corporation declared a $13.50 annual dividend and a $0.10 quarterly dividend, payable January 8, 2026.

Quiver AI Summary

On December 5, 2025, The Progressive Corporation's Board of Directors announced an annual common share dividend of $13.50 per share and a quarterly dividend of $0.10 per share, both payable on January 8, 2026, to shareholders on record by January 2, 2026. The annual dividend reflects the company's capital position and anticipated capital needs. The Board plans to continue declaring quarterly dividends in 2026. Additionally, the record date for shareholders entitled to participate in the upcoming Annual Meeting on May 8, 2026, is set for March 13, 2026. Progressive Insurance, founded in 1937, is a major provider of various insurance products and emphasizes convenient access for consumers.

Potential Positives

The declaration of an annual common share dividend of $13.50 per share reinforces investor confidence and demonstrates the company's solid capital position and resources.
The continuation of quarterly dividends indicates a stable financial outlook and commitment to returning value to shareholders.
Setting a clear record date for the Annual Meeting of Shareholders allows investors to stay informed and engaged with company governance.

Potential Negatives

The announcement of a $13.50 annual dividend may raise concerns among investors regarding the sustainability of such a high payout in future years, particularly if the company's capital needs grow or if earnings are negatively impacted.
The relatively small quarterly dividend of $0.10 per share compared to the annual dividend may lead to perceptions of inconsistency in dividend policy, potentially affecting investor confidence.
The press release does not provide specific guidance on expected future earnings or capital needs, which could leave investors uncertain about the company's financial outlook.

FAQ

What is the annual dividend declared by Progressive Corporation?

The Board of Directors declared an annual common share dividend of $13.50 per share.

When will the dividends be payable to shareholders?

Both the annual and quarterly dividends are payable on January 8, 2026, to shareholders of record as of January 2, 2026.

What is the amount of the quarterly dividend announced by Progressive?

The quarterly common share dividend is set at $0.10 per share.

When is Progressive's Annual Meeting of Shareholders scheduled?

The Annual Meeting of Shareholders is scheduled for May 8, 2026.

How can I contact Progressive for more information?

You can contact Douglas S. Constantine at 1-440-395-3707 or via email at [email protected].

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 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.

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

SUSAN PATRICIA GRIFFITH (President and CEO) has made 0 purchases and 2 sales selling 61,319 shares for an estimated $14,967,190.
JOHN P SAUERLAND (VP and Chief Financial Officer) has made 0 purchases and 3 sales selling 31,664 shares for an estimated $7,933,635.
PATRICK K CALLAHAN (Personal Lines President) has made 0 purchases and 3 sales selling 18,884 shares for an estimated $4,621,928.
JOHN JO MURPHY (Claims President) has made 0 purchases and 4 sales selling 10,654 shares for an estimated $2,687,542.
KAREN BAILO (Commercial Lines President) sold 8,922 shares for an estimated $2,223,719
LORI A NIEDERST (CRM President) sold 8,063 shares for an estimated $2,017,201
STEVEN BROZ (Chief Information Officer) has made 0 purchases and 6 sales selling 7,914 shares for an estimated $1,909,408.
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
JONATHAN S. BAUER (Chief Investment Officer) sold 2,391 shares for an estimated $595,932

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

$PGR Congressional Stock Trading

Members of Congress have traded $PGR stock 13 times in the past 6 months. Of those trades, 7 have been purchases and 6 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 3 times. They made 3 purchases worth up to $45,000 on 11/03, 07/18 and 0 sales.
SENATOR SHELDON WHITEHOUSE sold up to $50,000 on 10/27.
REPRESENTATIVE BYRON DONALDS has traded it 5 times. They made 3 purchases worth up to $45,000 on 10/24, 10/09 and 2 sales worth up to $30,000 on 09/04.
REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 08/14.
REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 07/10 and 1 sale worth up to $15,000 on 07/16.

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

$PGR Hedge Fund Activity

We have seen 787 institutional investors add shares of $PGR stock to their portfolio, and 1,060 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL INTERNATIONAL INVESTORS added 6,045,732 shares (+78.9%) to their portfolio in Q3 2025, for an estimated $1,492,993,517
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 4,519,691 shares (+62.8%) to their portfolio in Q3 2025, for an estimated $1,116,137,692
JENNISON ASSOCIATES LLC removed 3,170,427 shares (-98.3%) from their portfolio in Q3 2025, for an estimated $782,936,947
JPMORGAN CHASE & CO added 2,967,434 shares (+19.3%) to their portfolio in Q3 2025, for an estimated $732,807,826
PRINCIPAL FINANCIAL GROUP INC removed 2,618,667 shares (-74.9%) from their portfolio in Q3 2025, for an estimated $646,679,815
CAPITAL RESEARCH GLOBAL INVESTORS added 2,314,864 shares (+26.1%) to their portfolio in Q3 2025, for an estimated $571,655,664
FMR LLC removed 2,281,709 shares (-15.8%) from their portfolio in Q3 2025, for an estimated $563,468,037

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:

B of A Securities issued a "Buy" rating on 11/19/2025
Morgan Stanley issued a "Underweight" rating on 10/20/2025
Raymond James issued a "Outperform" rating on 10/17/2025
Jefferies issued a "Buy" rating on 08/11/2025

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 $260.5.

Here are some recent targets:

Michael Zaremski from BMO Capital set a target price of $260.0 on 11/21/2025
Elyse Greenspan from Wells Fargo set a target price of $247.0 on 11/20/2025
Joshua Shanker from B of A Securities set a target price of $346.0 on 11/19/2025
Andrew Andersen from Jefferies set a target price of $232.0 on 11/14/2025
Meyer Shields from Keefe, Bruyette & Woods set a target price of $246.0 on 11/05/2025
Alex Scott from Goldman Sachs set a target price of $245.0 on 10/28/2025
Bob Huang from Morgan Stanley set a target price of $214.0 on 10/20/2025

Full Release

MAYFIELD VILLAGE, OHIO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- On December 5, 2025, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared an annual common share dividend, in the amount of $13.50 per share, and a quarterly common share dividend, in the amount of $0.10 per share.

Both the annual and quarterly dividends are payable January 8, 2026, to shareholders of record at the close of business on January 2, 2026. The annual dividend amount for 2025 was determined by the Board based on our capital position, existing capital resources, and expected current and future capital needs. The Board is expected to continue to declare quarterly dividends for 2026.

The Board also set the close of business on March 13, 2026, as the record date for the determination of shareholders entitled to notice of, and to vote at, Progressive’s Annual Meeting of Shareholders, which will be held on May 8, 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