Progressive Announces Dividend Information and 2024 Annual Meeting Record Date
04 Dicembre 2023 - 5:40PM
On December 1, 2023, the Board of Directors of The Progressive
Corporation (NYSE:PGR) declared an annual common share dividend, in
the amount of $0.75 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 26,
2024, to shareholders of record at the close of business on January
19, 2024 (ex-dividend date of January 18, 2024). The annual
dividend amount for 2023 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 2024.
The Board also set the close of business on March 15, 2024, 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 10, 2024.
About ProgressiveProgressive
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 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)
395-3707investor_relations@progressive.com
The Progressive Corporation6300 Wilson Mills RoadMayfield
Village, Ohio 44143http://www.progressive.com
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