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MAYFIELD VILLAGE, Ohio - The Progressive Corporation (NYSE:PGR) announced Monday that its Board of Directors has declared a quarterly dividend of $0.10 per common share.
The dividend will be payable on October 10, 2025, to shareholders of record at the close of business on October 2, 2025, according to a company press release.
Progressive, founded in 1937, is the second largest personal auto insurer in the United States, with a market capitalization of approximately $144 billion. The company provides insurance for personal and commercial vehicles, motorcycles, boats, recreational vehicles, and homes. According to InvestingPro analysis, Progressive maintains strong financial health with robust profitability metrics, trading at a P/E ratio of 13.8 and generating annual revenue of over $82 billion.
The Ohio-based insurance provider offers multiple channels for customers to purchase insurance, including online, by phone, through mobile applications, or in-person with local agents.
Progressive’s common shares trade on the New York Stock Exchange under the ticker symbol PGR.
In other recent news, Progressive Corp reported a strong performance for the second quarter of 2025, with earnings per share (EPS) significantly exceeding expectations. The company’s EPS reached $5.40, surpassing the anticipated $4.36, resulting in a positive surprise of 23.85%. However, the company’s revenue did not meet forecasts, coming in at $20.08 billion compared to the expected $20.48 billion. Despite the revenue shortfall, the earnings results have highlighted Progressive’s robust profitability and market strategy. These recent developments have caught the attention of investors and analysts alike. The company’s ability to deliver higher-than-expected earnings has been a focal point of recent discussions. Analyst firms are closely monitoring Progressive’s financial performance and strategic direction following these results. The company’s financial health and future expectations remain a topic of interest in the investment community.
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