Progressive Announces Quarterly Common Share Dividend, Share Repurchase Authorization, and April 2022 Results


Progressive is one of the only insurers to issue its results on a monthly basis

On May 13, 2022, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable July 15, 2022, to shareholders of record at the close of business on July 7, 2022 (ex-dividend date of July 6, 2022). The Board also renewed the Company’s authorization to repurchase up to 25 million of its common shares. This authorization, which does not have an expiration date, replaced the prior authorization, which was terminated.

The Company today reported the following results for April 2022:

Source: Progressive

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