Progressive Announces Quarterly Common and Preferred Share Dividends
August 09 2021 - 11:09AM
On August 6, 2021, the Board of Directors of The Progressive
Corporation (NYSE:PGR) declared a $0.10 per common share dividend,
payable October 15, 2021, to shareholders of record at the close of
business on October 7, 2021 (ex-dividend date of October 6, 2021).
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, 2021, to shareholders of
record at the close of business on August 31, 2021.
About ProgressiveThe 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
at 1-800-PROGRESSIVE, on a mobile device 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 third largest auto insurer in the country, a
leading seller of motorcycle and commercial auto
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)
910-3563The Progressive Corporation6300 Wilson Mills RoadMayfield
Village, Ohio 44143http://www.progressive.com
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