Earnings

Progressive Announces Dividend Information NYSE:PGR

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MAYFIELD VILLAGE, OHIO, Aug. 07, 2020 (GLOBE NEWSWIRE) — The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a $0.10 per common share dividend, payable October 15, 2020, to shareholders of record at the close of business on October 7, 2020 (ex-dividend date of October 6, 2020).

In addition, the Board declared a dividend on our outstanding Series B Fixed-to-Floating Rate Cumulative Perpetual Serial Preferred Shares in the amount of $26.875 per Series B Share, or $13.4 million in the aggregate. The dividend, which is based on the annual rate of 5.375% of the stated amount of $1,000 per Series B Share, will be paid on September 15, 2020, to shareholders of record at the close of business on August 31, 2020.

About Progressive
The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it’s most convenient – online at progressive.com, by phone…



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http://www.globenewswire.com/news-release/2020/08/07/2075128/0/en/Progressive-Announces-Dividend-Information.html

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